Reckson/SL Green: Strong leasing activity in Westchester during second quarter

Strong leasing activity was reported by Reckson a division of SL Green throughout its suburban portfolio during the second quarter of this year. 27 transactions, a combination of renewals and new leases totaling 257,539 s/f, were signed from April through June, underscoring the company's ability to attract and retain credit tenants requiring class A office space of the quality and services indicative of the buildings within SL Green's suburban portfolio. "For the suburban market, this is an impressive amount of leasing activity that took place within only a three-month period," said John Barnes senior VP and senior director Reckson. "In addition, since the quarter closed we have signed another large lease with MeritDirect for 22,798 s/f at 2 International Dr., Rye Brook, N.Y." About SL Green SL Green Realty Corp., New York City's largest office landlord, is the only fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. As of June 30th, SL Green owned interests in 71 Manhattan properties totaling more than 39.2 million s/f. This included ownership interests in 27.4 million s/f of commercial properties and debt and preferred equity investments secured by 11.8 million s/f of properties. SL Green also owns 385 residential units in Manhattan encompassing approximately 0.5 million s/f. In addition to its Manhattan investments, SL Green holds ownership interests in 32 suburban assets totaling 6.9 million s/f in Brooklyn, Queens, Long Island, Westchester County, Connecticut and New Jersey, along with four development properties in the suburbs encompassing approximately 0.5 million s/f.