SL Green closes sale of 1250 Broadway for $310M

SL Green Realty Corp. has closed on the sale of 1250 Broadway to Murray Hill Properties for $310 million. The 670,000-square-foot Class A building at 31st Street was sold for about $463 per square foot. SL Green bought the building in 1999 for $93 million. The 39-story building is 99 percent occupied. The deal was first reported by GlobeStreet.com last month. TRD