Country for PR: United States
Contributor: PR Newswire New York
Thursday, August 04 2022 - 07:06
AsiaNet
Franklin Templeton, Inc. Renews with Empire State Realty Trust for 79k Square Feet at 100 First Stamford Place
STAMFORD, Conn., Aug. 4, 2022 /PRNewswire-AsiaNet/ --

Empire State Realty Trust, Inc. ( https://www.esrtreit.com/ ) (NYSE: ESRT) 
announced that Franklin Templeton ( 
https://c212.net/c/link/?t=0&l=en&o=3612172-1&h=2522196333&u=https%3A%2F%2Fwww.franklintempleton.com%2F&a=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.

Logo - 
https://mma.prnewswire.com/media/479871/Empire_State_Realty_Trust_Inc_Logo.jpg

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 ( 
https://c212.net/c/link/?t=0&l=en&o=3612172-1&h=2205962084&u=https%3A%2F%2Fwww.esrtreit.com%2Fproperties%2Foffice%2Ffirst-stamford-place1%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 https://esrtreit.com and by following ESRT on Facebook ( 
https://c212.net/c/link/?t=0&l=en&o=3612172-1&h=3942929856&u=https%3A%2F%2Fwww.facebook.com%2FEmpireStateRealtyTrust%2F&a=Facebook 
), Instagram ( 
https://c212.net/c/link/?t=0&l=en&o=3612172-1&h=1185575890&u=https%3A%2F%2Fwww.instagram.com%2Fesrtsocial%2F&a=Instagram 
), Twitter ( 
https://c212.net/c/link/?t=0&l=en&o=3612172-1&h=1620784276&u=https%3A%2F%2Ftwitter.com%2Fesrtsocial%3Flang%3Den&a=Twitter 
) and LinkedIn ( 
https://c212.net/c/link/?t=0&l=en&o=3612172-1&h=2420628655&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.  
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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