09:16 AM EST, 11/26/2024 (MT Newswires) -- SL Green Realty ( SLG/PI ) said Tuesday it has signed a contract to acquire 500 Park Avenue for $130 million from Morgan Stanley ( MS ).

Once the headquarters of Pepsi-Cola, the building is at the corner of 59th Street. It was built in 1960 and renovated in 2019. The space is leased to tenants including Vera Wang.