Country for PR: United States
Contributor: PR Newswire New York
Friday, July 29 2022 - 08:44
AsiaNet
Burlington Stores, Inc. Expands by 34,591 Square Feet to Occupy a Total of 102,898 Square Feet at 1400 Broadway
NEW YORK, July 29, 2022 /PRNewswire-AsiaNet/ --

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. 

Logo - 
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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 
).  

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, 347-804-7863, 
btalbot@esrtreit.com

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