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NEW YORK CITY-SL Green Realty Corp. on Monday said it had bought a pair of adjacent properties that span the full block between 19th and 20th streets along Avenue of the Americas. The office REIT acquired 635 and 641 Ave. of the Americas in an off-market deal from locally based Atlas Capital Group LLC for $173 million, or $648 per square foot. That’s comparable to the $628 per square foot SL Green paid in late May for 304 Park Ave. South, another Midtown South property, and brings to four the number of SL Green assets in the submarket.

“One of our stated goals in 2012 was to expand our presence in Midtown South, the hottest office submarket in New York with a current vacancy rate below 5%,” says Isaac Zion, co-chief investment officer, in a release. “This latest transaction further demonstrates our continuing belief in the strength and vitality of the expanding creative, media and technology sectors.”

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