LinkedIn Expands Footprint at Empire State Building
With the new deal, LinkedIn has grown its footprint at the tower to 312,947 square feet on floors 3, 22, 23, 24, 25, 26, 27, and 28 at the building owned by Empire State Realty Trust.
NEW YORK CITY—Empire State Realty Trust has confirmed published reports that LinkedIn was expanding its presence at the storied office tower.
The online professional network has signed its sixth expansion lease since 2011 at the Empire State Building for an additional 30,165 square feet of space on the 27th floor.
With the new deal, LinkedIn has grown its footprint at the tower to 312,947 square feet on floors 3, 22, 23, 24, 25, 26, 27, and 28 at the building owned by Empire State Realty Trust. LinkedIn now employs more than 1,000 workers at the Empire State Building.
“We are proud to partner with LinkedIn as they continue to grow at the Empire State Building,” says Thomas P. Durels, EVP real estate for Empire State Realty Trust. “We have created a superior work environment that enhances tenant’s results through better employee productivity, talent recruitment, and retention.”
He adds that the building’s amenities have proven attractive to tenants. Among the property’s key amenities include a 15,000-square-foot fitness center, a tenant-only conference center, and nine in-building dining options, such as Juice Press, Sushi-teria, Chopt, STATE Grill and Bar, Tacombi, and two Starbucks.
Sacha Zarba and Lauren Crowley of CBRE represented LinkedIn in the lease negotiations. Ryan Kass and Shanae Ursini represented the landlord in the transaction.
In April, LinkedIn announced it had signed a 74,500-square-foot lease at the historic Sanders building at 1523 Woodward Ave. in Detroit.
Empire State Realty Trust’s office and retail portfolio totals 10.1 million rentable square feet, as of March 31, 2018 and consisting of 9.4 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, CT, and two in Westchester County, NY. Its retail portfolio totals approximately 700,000 rentable square feet.