SL Green Expands Premier Portfolio With 1552-1560 Broadway Assets
Key Takeaways SL Green and its JV acquired 63M.The JV finalized a ground lease and a sign bracing deal at 1560 Broadway through 2074.1552 Broadway is leased short-term to a retailer while awaiting a long-term credit tenant.SL Green (SLG) recently announced that, along with its joint venture (JV) partner, the company has taken over the debt encumbering the fee interest at 1552 Broadway and the leasehold interest at 1560 Broadway for $63 million. The total de ...