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Stock impact report

SL Green Signs Full Floor Lease with Palo Alto Networks at One Madison Avenue

SL Green Realty Corp (SLG) 
Last sl green realty corp earnings: 4/22 05:01 pm Check Earnings Report
US:NYSE Investor Relations: slgreen.gcs-web.com/investor-relations
Company Research Source: GlobeNewswire
NEW YORK, March 28, 2023 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced that Palo Alto Networks, a leader in global cybersecurity, has signed a long-term lease covering an entire tower floor at One Madison Avenue, bringing SL Green’s 2023 signed office leasing volume to 491,913 square feet, while the Company’s office leasing pipeline has increased to over 1.0 million square feet, up from a 700,000 square feet pipeline just three weeks ago. The 1.4 million square foot transformational development at One Madison Avenue, is scheduled for completion in October 2023 – approximately 5 weeks ahead of original timeline – and is now 59% leased. “We’re excited to welcome Palo Alto Networks to our prestigious tenant roster which includes IBM and Franklin Templeton,” said Steven Durels, SL Green’s Executive Vice President, Director of Leasing and Real Property. “The building’s continued leasing momentum is indicative of high perform Show less Read more
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