CLA Nearly Triples Office Space with ESRT at One Grand Central Place
PR97314
NEW YORK, Aug. 3, 2022 /PRNewswire=KYODO JBN/ --
Empire State Realty Trust, Inc. ( https://www.esrtreit.com/ ) (NYSE: ESRT)
announced today that CLA (CliftonLarsonAllen LLP) (
https://www.claconnect.com/en ), the eighth largest accounting firm in the
United States, expanded to lease the entire 51st floor of One Grand Central
Place for a total of 12,422 square feet. CLA is tripling in size at the
building after moving in less than two years ago.
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"We are excited about our growth with Empire State Realty Trust at One Grand
Central Place and the additional opportunities we'll be able to create in this
space," said Jen Leary, CEO, CLA. "Our expansion was a turnkey, enjoyable
process thanks to ESRT, and is a testament to the dedication and
forward-looking vision of our professionals."
One Grand Central Place offers premier tenant office spaces and amenities which
include a tenant-only conference center, multiple dining options, and
in-building access to Grand Central Terminal's five subway lines, commuter
trains, and retailers.
"We are pleased to accommodate CLA's growth at One Grand Central Place," said
Thomas P. Durels, executive vice president, real estate at Empire State Realty
Trust. "We continue to serve the market's flight to quality with our extensive
in-building amenities and fully modernized spaces that deliver a premier
environment with unparalleled convenience."
Andrew Blaustein and Ben Shapiro of Newmark represented CLA in the lease
negotiations. Scott Klau, Neil Rubin, Erik Harris, and William Cohen of Newmark
represented the property owner.
More information about One Grand Central Place 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 https://esrtreit.com and by following ESRT on Facebook (
), Instagram (
) , Twitter (
) and LinkedIn (
).
About CLA
CLA exists to create opportunities for our clients, our people, and our
communities through industry-focused wealth advisory, outsourcing, audit, tax,
and consulting services. With more than 7,500 people, 121 U.S. locations, and a
global vision, we promise to know you and help you. For more information, visit
https://CLAconnect.com . Investment advisory services are offered through
CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment
advisor.
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.
CONTACT: Empire State Realty Trust, Brock Talbot, +1 347-804-7863,
btalbot@esrtreit.com
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