NEW YORK CITY- Empire State Realty Trust, Inc. has signed its eighth expansion lease with LinkedIn Corp. at the Empire State Building, adding three and a half floors, totaling 188,653 square feet to the company's campus.
LinkedIn moved into the property in 2011 and has grown to 501,600 square feet in what is deemed New York City's most iconic building. To accommodate the business network company's expansion to the 24th floor, ESRT arranged an early recapture of the space from an existing tenant, making the full three floors available for LinkedIn's growth within the Empire State Building's Urban Campus.
"LinkedIn enjoys the benefits of the Empire State Building's unique combination of amenities, including the tenant-only fitness center and a variety of in-building dining options, along with ESRT's ability to generate flexibility for growth," said Thomas P. Durels, executive vice president of real estate for ESRT, in a prepared statement.
Sacha Zarba, Lauren Crowley Corrinet, and Chris Hogan of CBRE, Inc. represented LinkedIn. Ryan Kass and Shanae Ursini of ESRT provided representation for the landlord.
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Mariah Brown
Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.
