Empire State Realty Trust, Inc. Concludes Six Individual Leases for 24,000 Square Feet At Its Greater New York Metropolitan Office Properties
January 29, 2019 at 03:15 am IST
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Empire State Realty Trust, Inc. concluded six individual leases for 24,000 square feet at its Greater New York Metropolitan office properties between September 1, 2018 and December 31, 2018. Among the transactions concluded in Fairfield County: Metro Center in Stamford, CT; Zimmer US, Inc. extended its lease and signed an expansion lease of 7,701 sq. ft. for a total of 16,607 sq. ft. Tenant brokers: Joseph A. Cabrera, Michael Gordon, and Matt Mendicino of Colliers International. First Stamford Place in Stamford, CT; Forevermark, Inc. extended its lease and signed an expansion lease for 3,303 sq. ft. for a total of 9,604 sq. ft. Tenant broker: Christian Bangert of RHYS Commercial. MerrittView in Norwalk, CT; Acosta, Inc. extended its 4,250 sq. ft. lease. Tenant broker: Conor E. Gill of JLL, CenturyLink Communications, LLC renewed its 5,717 sq. ft. lease. Tenant brokers: Brian Bordenave and Tim Rorick of Newmark Knight Frank. Among the transactions concluded in Westchester County: 10 Bank Street in White Plains, NY; Kumon North America, Inc. renewed its 1,445 sq. ft. lease. Tenant broker: Steve Greenbush of CBRE.500 Mamaroneck Avenue in Harrison, NY; C.H.O. Enterprises, Inc. renewed its 1,538 sq. ft. lease.
Empire State Realty Trust, Inc. is a real estate investment trust (REIT), which owns and operates a portfolio of office, retail and multifamily assets. The Companyâs portfolio consists of approximately 8.6 million rentable square feet of office space, 0.7 million rentable square feet of retail space and 727 residential units. Its office portfolio included 11 properties encompassing approximately 8.6 million rentable square feet. Nine of these office properties are located in midtown Manhattan and encompass approximately 7.6 million rentable square feet, including the Empire State Building. The Companyâs segments include Real Estate and an Observatory. Real Estate segment includes all activities related to the ownership, management, operation, acquisition, repositioning and disposition of its commercial and multifamily real estate assets, principally office assets, located in Manhattan. Observatory segment operates the 86th and 102nd floor observatories in the Empire State Building.