SL Green Realty Leases Office Space To Franklin Templeton Investments In Flatiron District

An office space located at 23 E. 22nd St. in Flatiron was recently leased. The lease transaction took place on September 29, 2022. The landlord, SL Green Realty, was represented by Marc Holliday. The tenant, Franklin Templeton Investments, secured the lease with the assistance of their representatives, Robert Lowe, Jeff Cushman, John Cushman, Peyton Horn, and Paige Engeldrum from Cushman & Wakefield. The landlord's representation was provided by Paul Glickman, Alexander Chudnoff, Diana Biasotti, and Benjamin Bass from JLL. The lease terms are for a period of 15 years.

Summary of transaction details:

• Property Type: Office
• Transaction Date: 09/29/2022
• Address: 23 E. 22nd St.
• Market: Flatiron
• Asking Rent: $145/ft.
• Square Footage: 347,474

This lease transaction showcases SL Green Realty's successful lease of an office space to Franklin Templeton Investments. The deal was facilitated by the respective representatives from Cushman & Wakefield and JLL. The long-term lease agreement is a notable move in the Flatiron market, providing Franklin Templeton Investments with a strategic location for their operations.