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New York & Tri-State  + Downtown New York  + Office  | 

SL Green Signs Palo Alto Networks to Full Floor at One Madison

 SL Green Realty Corp. has signed Palo Alto Networks, a leader in global cybersecurity, to a long-term lease covering an entire tower floor at One Madison Ave., bringing SL Green’s 2023 signed office leasing volume to 491,913 square feet. The 1.4-million-square foot redevelopment is now 59% leased.

“We’re excited to welcome Palo Alto Networks to our prestigious tenant roster which includes IBM and Franklin Templeton,” said Steven Durels, SL Green’s director of leasing and real property. “The building’s continued leasing momentum is indicative of high performing companies’ ongoing desire for high-quality, centrally-located, collaborative office space.”

Palo Alto was represented by Brent Ozarowski, Kevin Sweeney and Kevin Sullivan of Newmark. The landlord was represented by Paul Glickman, Alexander Chudnoff, Benjamin Bass and Diana Biasotti of JLL.


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SL Green

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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