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Report: WeWork fully leases office portion of SL Green building in Manhattan, NY

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Report: WeWork fully leases office portion of SL Green building in Manhattan, NY

SL Green Realty Corp. has leased the entire office portion of its 609 Fifth Ave. building in Manhattan, N.Y., to WeWork Cos., the New York Post reported.

The coworking company has leased 139,000 square feet at the property across 11 floors, with occupancy slated for November.

Citing SL Green Executive Vice President and Leasing Director Steven Durels, the publication reported that the building became fully vacant after lease buyouts and relocations for office tenants, leading to a repositioning of the property.

The property was placed on the market in 2015 with an expected sale price of roughly $600 million.

Sports brand Puma has leased 24,000 square feet of retail space at the building in May, according to an earlier report.