Workday Expands East Coast Footprint, Leases More Than 20,000 SF At The Empire State Building
Workday, Inc. (NYSE: WDAY) has expanded its New York headquarters within the Empire State Realty Trust, Inc. (NYSE:ESRT) portfolio, relocating from approximately 7,000 square feet at One Grand Central Place to 21,401 square feet on the 49th floor of the Empire State Building, announced ESRT.
“We’re pleased that Workday has chosen to expand within our portfolio, and that we were able to accommodate Workday’s expansion from a small suite at One Grand Central Placeto nearly a full floor at the Empire State Building for its growing operations,” said Thomas P. Durels, Executive Vice President and Director of Leasing and Operations for ESRT.
Headquartered in Pleasanton, CA, Workday provides applications to many of the world’s largest companies, educational institutions, and government agencies. Among its clients are Amgen, Avon, Bank of America, Chiquita Brands International, Etsy, HP, Johnson & Johnson, MGM Resorts International, Nissan, Panasonic, Symantec, TripAdvisor, Visa, and Yahoo, to name just a few.
Robert Lowe and David Berke of Cushman & Wakefield represented Workday. Landlord representation was provided by Ryan O. Kass and Fred C. Posniak of ESRT, along with William Cohen, Jonathan Tootell and Shanae Ursini of Newmark Grubb Knight Frank.
About Empire State Realty Trust
Empire State Realty Trust, Inc. (NYSE: ESRT), a leading real estate investment trust (REIT), owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the world’s most famous office building. Headquartered in New York, New York, the Company’s office and retail portfolio covers 10.0 million rentable square feet, as of December 31 2014, consisting of 9.3 million rentable square feet in 14 office properties, including nine in Manhattan, three in Fairfield County, Connecticut and two in Westchester County, New York; and approximately 728,000 rentable square feet in the retail portfolio.
*Please note all lease square footages noted are approximate.
This press release includes “forward-looking statements.” Forward-looking statements may be identified by the use of words such as “believes,” “expects,” “may,” “will,” “should,” “seeks,” “approximately,” “intends,” “plans,” “pro forma,” “estimates,” “contemplates,” “aims,” “continues,” “would” or “anticipates” or the negative of these words and phrases or similar words or phrases. The following factors, among others, could cause actual results and future events to differ materially from those set forth or contemplated in the forward-looking statements: the factors included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014, including those set forth under the headings “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” “Business” and “Properties.” While forward-looking statements reflect the Company’s good faith beliefs, they are not guarantees of future performance. The Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, or new information, data or methods, future events or other changes after the date of this press release, except as required by applicable law. For a further discussion of these and other factors that could impact the Company’s future results, performance or transactions, see the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2014, and other risks described in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission. Prospective investors should not place undue reliance on any forward-looking statements, which are based only on information currently available to the Company (or to third parties making the forward-looking statements).