SL Green Realty To Collaborate On Joint Venture Project Worth $175M With Mori Building
SL Green Realty Corp.
SL Green Realty Corp. SLG | 0.00 |
SL Green Realty announced that it has closed on the sale of a 49.0% joint venture interest in the development of 346 Madison Avenue to Mori Building Co., Ltd., Japan's leading urban landscape developer, at a gross valuation of $175.0 million. SL Green will retain a 51.0% interest in the project and will serve as the development and leasing manager.