Franklin Templeton, Inc. Renews with Empire State Realty Trust for 79k Square Feet at 100 First Stamford Place
PR97332
STAMFORD, Conn., Aug. 4, 2022 /PRNewswire=KYODO JBN/ --
Empire State Realty Trust, Inc. ( https://www.esrtreit.com/ ) (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.
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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 https://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
SOURCE: Empire State Realty Trust, Inc.
MEDIA CONTACT: Empire State Realty Trust, Brock Talbot, +1 347-804-7863,
btalbot@esrtreit.com
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