Stamford, Conn. (ots/PRNewswire) – Empire State Realty Trust, Inc. (NYSE: ESRT) announced that Franklin Templeton, a global asset management firm, has renewed its lease for 7,340 square feet at 100 First Stamford Place, representing approximately 10% of the building’s space.
The award-winning First Stamford Place office campus is located in one of Connecticut’s premier business districts and includes 72,201 leasable square feet in three buildings. The complex is close to the Stamford Transportation Center (STC) at Exit 7 off I-95.
First Stamford Place offers a full range of amenities, including a new fitness and conference center, a new dining and coffee lounge, renovated lobbies, an on-site childcare center, beautifully landscaped grounds, covered parking, a shuttle to the Stamford Transportation Center and an on-site car wash.
“ESRT offers exceptional value with healthful, modernized workspaces and industry-leading sustainability practices to meet market demand for quality,” said Jeff Newman, senior vice president, leasing at Empire State Realty Trust. “The long-term renewal and consolidated move of Franklin Templeton’s entire Stamford office to First Stamford Place is a testament to the property’s ideal location for companies seeking to recruit and retain employees from across the tri-state area. It also underscores our successful tenant partnerships and industry leadership in indoor space 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 availability can be found online.
Empire State Realty Trust Information Empire State Realty Trust, Inc. (NYSE: ESRT) is a REIT that owns and manages office, retail and multifamily properties in Manhattan and the New York metropolitan area. ESRT owns the Empire State Building – the most famous building in the world – and TripAdvisor’s 2022 Travelers’ Choice Best of the Best Awards #1 attraction in the U.S. and #3 attraction in the world, in the newly redesigned 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 March 31, 2022, ESRT’s portfolio included approximately 9.2 million square feet of leasable office space, 65,032 square feet of leasable retail space and 625 units in two multifamily buildings. For more information about Empire State Realty Trust, visit esrtreit.com and follow 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 “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “projects,” or the negative of these words, or similar words or expressions that do not relate to historical facts. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties and other factors, some of which are beyond ESRT’s control, that could cause actual results, performance or achievements to differ materially. These factors and risks include, among others, the current public health crisis and economic disruption caused by the Covid 19 pandemic, a failure of conditions or performance with respect to the events or transactions 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 described in ESRT’s and ESROP’s Annual Report on Form 10-K for the year ended December 31. December 2021, under the caption “Risk Factors.” Except as required by law, ESRT and ESROP are under no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
Source: Empire State Realty Trust, Inc
Empire State Realty Trust,
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