AGÕæÈ˹ٷ½

STOCK TITAN

Workday, Inc. Signs 39k Square Foot Renewal and Expansion Lease at the Empire State Building

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

The finance and HR technology company will now occupy an additional 12,338 square feet at the iconic building

NEW YORK--(BUSINESS WIRE)-- (NYSE: ESRT) announced today that it signed a renewal and 12,338 square foot expansion lease with Workday, Inc. � the AI platform for managing , , and � for a total of 39,069 square feet at the iconic Empire State Building. Workday continues to grow with ESRT � the company leased its first prebuilt suite at One Grand Central Place back in 2015.

Workday, Inc. Signs 39k Square Foot Renewal and Expansion Lease at the Empire State Building

Workday, Inc. Signs 39k Square Foot Renewal and Expansion Lease at the Empire State Building

"We are thrilled to continue to expand at the iconic Empire State Building, a reflection of our growth and commitment to New York City,â€� said Assal Yavari, Vice President of Global AGÕæÈ˹ٷ½ Estate at Workday. “This is a space that inspires our employees to do their best work and allows us to better serve our customers, partners, and prospects."

The Empire State Building is a fully modernized landmark that offers newly built office space equipped with ESRT’s premier indoor environmental quality and sustainability measures. The building features more than 65,000 square feet of unmatched amenities which include eight in-building dining options; a tenant-only fitness center; conference center; and the Empire Lounge with a 400-person all-hands space, a variety of comfortable seating areas, phone booths for private communication, a basketball/pickleball court, and “ESRTees,� two golf simulators.

“The Empire State Building is a top choice for tenants that seek a convenient location, unmatched amenities, and a landlord that they can trust,� said Thomas P. Durels, executive vice president, real estate at ESRT. “We are pleased that Workday, Inc. will continue to benefit from the unmatched offering in their third expansion at the ‘World’s Most Famous Building.’�

Harry Blair, Rob Lowe, and Paige Engeldrum of Cushman & Wakefield represented Workday, Inc. in the lease negotiations. Jordan Berger, Shanae Ursini, and Kerry Lavelle of ESRT represented the property owner.

More information about the Empire State Building, and current office availability, can be found .

About Empire State AGÕæÈ˹ٷ½ty Trust
Empire State AGÕæÈ˹ٷ½ty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of well-leased, top of tier, modernized, amenitized, and well-located office, retail, and multifamily assets. ESRT’s flagship Empire State Building, the “World's Most Famous Building,â€� features its iconic Observatory that was declared the #1 Attraction in the World â€� and the #1 Attraction in the U.S. for the third consecutive year â€� in Tripadvisor’s 2024 Travelersâ€� Choice Awards: Best of the Best Things to Do. The Company is the recognized leader in energy efficiency and indoor environmental quality. As of December 31, 2024, ESRT’s portfolio is comprised of approximately 7.8 million rentable square feet of office space, 0.8 million rentable square feet of retail space and 732 residential units. More information about Empire State AGÕæÈ˹ٷ½ty Trust can be found at and by following ESRT on , , , , and .

Source: Empire State AGÕæÈ˹ٷ½ty Trust, Inc.

Category: Leasing

MEDIA:

Empire State AGÕæÈ˹ٷ½ty Trust

Jamie Steinberg

212-400-3339

[email protected]

Source: Empire State AGÕæÈ˹ٷ½ty Trust, Inc.

Empire St Rlty Tr Inc

NYSE:ESRT

ESRT Rankings

ESRT Latest News

ESRT Stock Data

1.38B
167.38M
0.05%
93.97%
2.29%
REIT - Diversified
AGÕæÈ˹ٷ½ Estate Investment Trusts
United States
NEW YORK