Is Premium Office Leasing Altering The Investment Case For SL Green Stock?
Why this matters
Office continues to trade in two distinct markets: trophy assets in walkable submarkets that are leasing at or near record rents, and commodity Class B and C buildings where the basis is still resetting. Underwriting on the latter has moved toward replacement-cost-minus, with credit underwriting now leaning on tenant covenant and remaining lease term rather than mark-to-market expectations. For LP-positioned capital, the read-through is that the bifurcation is now a structural feature of the sector, not a cycle to wait out.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- Disclosed office deal value tracked in October 2026: $2.3B across 7 reported transactions. All Office coverage →
- 26 stories mentioning SL Green on the wire in the past 90 days. SL Green coverage →
Computed from Real Estate Trail’s own tracked coverage
External link. Real Estate Trail does not republish source content.
Related coverage — Office
Troy McGuinness joins Colliers to lead ACT office leasing
Delivery Service Spot & Tango, Ad Firm MediaRadar Sign at 11 Bryant Park Plaza
Two companies have signed for close to 32,000 square feet of office space at 11 Bryant Park Plaza . Dog food delivery service Spot & Tango took 15,931 square feet on the entire seventh floor of the Midtown office buil…
The Bloc Office and Retail Come Up for Sale in DTLA
Cushman & Wakefield is marketing for sale the office and retail components of The Bloc, a 1.4-million-square-foot mixed-use complex in Downtown Los Angeles. The offering includes 730,000 square feet of office, 420,000…
Downtown office vacancy falls for second straight quarter
LA County office leasing bounces back to pre-pandemic levels
Long-Term Tenant Renews, Increases Space at Houston Office Highrise
Chord Energy has been a tenant at 1001 Fannin for 20 years. The Houston Business Journal reports the company recently renewed and expanded its lease at JMB Realty’s 1001 Fannin in Houston, adding 27,000 square f…