An unknown buyer entered into a contract to acquire 625 Madison Avenue a 17 Story, 563,000 Square Foot Office Building from SL Green Realty Corp. (NYSE:SLG) for $632.5 million on December 4, 2023. The transaction was valued at $1,123 per square foot for 563,000 square feet across 17 stories, featuring ground-floor retail. Net proceeds from the sale will be used by the Company for the repayment of corporate debt.

An unknown buyer completed the acquisition of 625 Madison Avenue a 17 Story, 563,000 Square Foot Office Building from SL Green Realty Corp. (NYSE:SLG) for Approximately $635 million on July 17, 2024.