Burlington Stores, Inc. Expands by 34,591 Square Feet to Occupy a Total of 102,898 Square Feet at 1400 Broadway

Empire State Realty Trust, Inc.

PR97257

 

NEW YORK, July 29, 2022 /PRNewswire=KYODO JBN/ --

 

Empire State Realty Trust, Inc. ( https://www.esrtreit.com/ ) (NYSE: ESRT)

announced today that Burlington Stores, Inc. signed a full-floor expansion

lease for an additional 34,591 square feet of office space formerly under lease

to Uber. With this expansion, Burlington will occupy 102,898 square feet across

three full floors at 1400 Broadway.

 

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"We value our long-standing relationship with ESRT and are pleased to continue

to expand our footprint at 1400 Broadway in New York City," stated Gayle

Aertker, EVP store development, Burlington Stores. "As Burlington continues to

grow, we appreciate ESRT's partnership."

 

Located along the Broadway Pedestrian Plaza, 1400 Broadway provides convenient

access to nearby transportation, dining, lodging, and entertainment. Tenants

benefit from ESRT's leadership in energy efficiency and premier indoor

environmental quality – which includes MERV 13 filters and active bi-polar

ionization – as well as a tenants-only lounge and a new town hall assembly

space to be delivered late 2022.

 

"ESRT provides exceptional value in healthy, modernized, energy-efficient

spaces which retain high-quality tenants like Burlington," said Thomas P.

Durels, executive vice president, real estate at Empire State Realty Trust. "We

continue to benefit from the market's flight to quality with our premier

amenity-rich portfolio."

 

Alan Desino of Colliers International represented Burlington in the lease

negotiations. Scott Klau, Neil Rubin, and Erik Harris represented the property

owner.

 

More information about 1400 Broadway can be found online.

(https://c212.net/c/link/?t=0&l=en&o=3607238-1&h=3100662185&u=https%3A%2F%2Fwww.esrtreit.com%2Fproperties%2Foffice%2F1400-broadway1%2F&a=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 (https://c212.net/c/link/?t=0&l=en&o=3607238-1&h=3277611148&u=https%3A%2F%2Fwww.empirestaterealtytrust.com%2F&a=esrtreit.com)

and by following ESRT on Facebook (https://c212.net/c/link/?t=0&l=en&o=3607238-1&h=2319445872&u=https%3A%2F%2Fwww.facebook.com%2FEmpireStateRealtyTrust%2F&a=Facebook), Instagram (https://c212.net/c/link/?t=0&l=en&o=3607238-1&h=663865698&u=https%3A%2F%2Fwww.instagram.com%2Fesrtsocial%2F&a=Instagram),

Twitter (https://c212.net/c/link/?t=0&l=en&o=3607238-1&h=27299364&u=https%3A%2F%2Ftwitter.com%2Fesrtsocial%3Flang%3Den&a=Twitter) and

LinkedIn (https://c212.net/c/link/?t=0&l=en&o=3607238-1&h=4051461663&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fempire-state-realty-trust%2F&a=LinkedIn).  

 

 

SOURCE: Empire State Realty Trust, Inc.

 

CONTACT: Empire State Realty Trust, Brock Talbot, 347-804-7863,

btalbot@esrtreit.com

 

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