STAMFORD, Conn., Aug. 3, 2022
/CNW/ -- Empire State Realty Trust, Inc. (NYSE: ESRT)
announced that Franklin Templeton, a
global investment management organization, renewed its lease
for 79,059 square feet at 100 First Stamford Place, which
represents about 10% of building square footage.
Located in one of Connecticut's
premier business districts, the award-winning office campus at
First Stamford Place consists of 777,174 rentable square feet
within three buildings. The complex is a short walk from the
Stamford Transportation Center (STC) at I-95's Exit 7.
First Stamford Place features a
full suite of amenities which include new fitness and conference
centers, new dining and coffee lounge, renovated lobbies, on-site
daycare, beautifully landscaped grounds, covered parking, shuttle
to the Stamford Transportation Center, and an on-site car wash.
"ESRT provides exceptional value with healthy, modernized
workplaces and industry-leading sustainability practices to serve
the market flight to quality," said Jeff
Newman, senior vice president, leasing at Empire State
Realty Trust. "Franklin Templeton's long-term renewal and
consolidated relocation of its entire Stamford office space to
First Stamford Place is a testament to the property's ideal
location for companies to recruit and retain employees from across
the tri-state area, and to our successful tenant partnerships and
industry leadership in indoor environmental quality and energy
efficiency."
Jay Hruska, Rob Lowe, Jeff
Cushman and John C. Cushman
III of Cushman and Wakefield represented Franklin Templeton in the lease negotiations.
Jeffrey Newman and Kimberly Zaccagnino of ESRT represented the
property owner.
More information about First Stamford Place, and current
availabilities, can be found online.
About Empire State Realty Trust
Empire State Realty Trust, Inc. (NYSE: ESRT) is a REIT that owns
and manages office, retail and multifamily assets in Manhattan and the greater New York metropolitan area. ESRT owns the
Empire State Building, the World's Most Famous Building, and
Tripadvisor's 2022 Travelers' Choice Best of the Best Awards #1
attraction in the U.S. and #3 attraction in the world, the newly
reimagined and iconic Empire State Building Observatory. The
company is a leader in healthy buildings, energy efficiency, and
indoor environmental quality and has the lowest greenhouse gas
emissions per square foot of any publicly traded REIT portfolio in
New York City. As of June 30,
2022, ESRT's portfolio is comprised of approximately 9.2
million rentable square feet of office space, 700,000 rentable
square feet of retail space and 625 residential units across two
multifamily properties. More information about Empire State
Realty Trust can be found at esrtreit.com and by following
ESRT on Facebook, Instagram, Twitter and LinkedIn.
Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of the Federal securities laws. You can identify these
statements by our use of words such as "assumes," "believes,"
"estimates," "expects," "intends," "plans," "projects" or the
negative of these words or similar words or expressions that do not
relate to historical matters. You should exercise caution in
interpreting and relying on forward-looking statements, because
they involve known and unknown risks, uncertainties and other
factors which are, in some cases, beyond ESRT's control and could
materially affect actual results, performance or achievements. Such
factors and risks include, without limitation, the current public
health crisis and economic disruption from the COVID-19 pandemic, a
failure of conditions or performance regarding any event or
transaction described above, regulatory changes, and other risks
and uncertainties described from time to time in ESRT's and ESROP's
filings with the SEC, including those set forth in each of ESRT's
and ESROP's Annual Report on Form 10-K for the year ended
December 31, 2021 under the heading
"Risk Factors." Except as may be required by law, ESRT and ESROP do
not undertake a duty to update any forward-looking statement,
whether as a result of new information, future events or
otherwise.
Source: Empire State Realty Trust,
Inc.
Category: Leasing
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SOURCE Empire State Realty Trust, Inc.