SL Green Inks 123,000 Square Foot Lease With the Travelers Insurance Company at 485 Lexington Avenue [Yahoo! Finance]
The Travelers Companies, Inc. (TRV)
Last the travelers companies, inc. earnings: 4/21 06:57 am
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Source: Yahoo! Finance
office landlord, today announced that The Travelers Insurance Company has executed a 122,788 square foot renewal at 485 Lexington Avenue. The company will remain on a portion of the seventh floor and all of the eighth and ninth floors for an additional 10 years. This transaction increases SL Green's office leases signed year to date to 3,518,829 square feet while maintaining a pipeline of more than 900,000 square feet. “We are proud to extend our valued relationship with The Travelers Insurance Company,” said Steven Durels, Executive Vice President and Director of Leasing and Real Property at SL Green . “Midtown leasing momentum continues to be broad based as it outperforms both the 5-year and 10-year averages.” The Travelers Insurance Company was represented by Robert Ageloff, Matt Astrachan and Kate Roush of Jones Lang LaSalle, and the landlord was represented by Paul Glickman, Alex Chudnoff, Diana Biasotti, Christine Colley, Kristen Morgan of Jones Lang LaSalle. About SL Gree
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