Franklin Templeton, Inc. Renews with Empire State Realty Trust for 79,000 Square Feet at 100 First Stamford Place – NBCNEWS

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STAMFORD, Kon., Aug 3, 2022 /PRNewswire/ — Empire State Realty Trust, Inc. (NYSE: ESRT) announced that: Franklin Templetona global investment management organization, renewed its lease for 79,059 square feet at 100 First Stamford Place, which represents approximately 10% of the buildings’ 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 across three buildings. The complex is a short walk from the Stamford Transportation Center (STC) at Exit 7 of I-95.

First Stamford Place features a full suite of amenities including new fitness and conference centers, new dining and coffee lounge, renovated lobbies, on-site childcare, beautifully landscaped gardens, covered parking, shuttle service to the Stamford Transportation Center, and a private 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 renovation and consolidated relocation of its entire office space in Stamford to First Stamford Place is a testament to the property’s ideal location for companies to recruit and retain employees from the Tristate area, as well as our successful tenant partnerships and market leadership in indoor environment 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 owner of the property.

Find out more about First Stamford Place and current availability 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 bigger 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 US and #3 attraction in the world, 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. From June 30, 2022, ESRT’s portfolio consists of approximately 9.2 million rentable square meters of office space, 700,000 rentable square meters of retail space and 625 residential units spread over two multi-family homes. 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”, “plans”, “plans”, “projects” or the negative of these words or similar words or expressions that have nothing to do with historical matters. You should exercise caution when interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond ESRT’s control that could materially affect actual results , achievements or achievements. Such factors and risks include, without limitation, the current public health crisis and economic disruption resulting from the COVID-19 pandemic, a failure of terms or performance related to an event or transaction as described above, regulatory changes and other risks and uncertainties described from time to time. time in the ESRTs and ESROP’s filings with the SEC, including those set forth in each of the ESRTs and ESROP’s annual reports on Form 10-K for the year ended December 31, 2021 under the heading ‘Risk factors’. Except as required by law, ESRT and ESROP undertake 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.
Category: Leasing

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