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NEW YORK (AP) — Manhattan office property owner SL Green Realty Corp. said it has accepted for purchase nearly $115 million of the $250 million in debt it was seeking to buy back under a cash tender offer.

SL Green said after markets closed Thursday that holders of nearly $124.4 million in aggregate principal amount of notes were validly tendered and not withdrawn by Wednesday's expiration of the offer, which was announced March 11.

The New York-based real estate investment trust is accepting for purchase only $50 million of the nearly $59.4 million in 5.875 percent notes due in 2014 that were tendered. That's because the offer set a $50 million purchase limit on those notes. The purchases of the $50 million will be made on a pro rata basis, with the 5.875 percent notes not accepted by SL Green returned to the holders.

SL Green has accepted all the 3 percent senior notes due 2027 that were tendered under the offer, as well as all the 4 percent senior debentures due in 2025 and the 5.15 percent notes due in 2011. The total accepted for purchase for those three series is nearly $65 million.

The 3 percent notes were issued by the company's SL Green Operating Partnership, while the senior debentures and the other notes included in the offering were issued by Reckson Operating Partnership, a wholly owned subsidiary of SL Green Operating Partnership.

Shares of SL Green rose 82 cents to $61.32 in Friday afternoon trading.