NEW YORK CITY-SL Green Realty Corp. has paid more than $122 million for nearly 70,000 sf of retail space at 131-137 Spring St. here.
The locally based REIT reported its purchase of the property in its fourth quarter 2012 and full year earnings report released late last week.
Its latest asset is a mixed-use property anchored by Burberry and Diesel. The property includes prime retail space, office space, six residential rental units and 100 feet of ground floor frontage. The company did not reveal the seller, but stated that it paid $122.3 million for the property. The sale closed in December.
Also in December, SL Green stated that it acquired a 35.5% interest in the 147,619-sf office property at 315 West 36th St. for a gross purchase price of $45 million. Simultaneously, the company closed on a $25-million, five-year loan that bears a fixed rate of interest of 3.16%. See story in the Real Deal.