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New York & Tri-State  + Midtown New York  + Office  | 

Burlington Stores Expands Midtown Offices to 171K SF

Burlington Stores, Inc. signed an expansion lease for an additional 67,865 square feet of office space across two full floors at Empire State Realty Trust’s 1400 Broadway in Midtown Manhattan. With this expansion, Burlington will occupy a total of 170,763 square feet within ESRT’s portfolio across five full floors, with a new 16-year lease term for the expansion space coterminous with the current office space.

After an initial deal in 2010 for 35,182 square feet, Burlington has expanded with ESRT three times at 1400 Broadway for 135,581 additional square feet of space.

“Our longstanding partnership with Burlington grows stronger with this expansion, and further proves ESRT properties as top-of-tier office spaces in New York City which serve the market’s flight to property and balance sheet quality,” said Thomas P. Durels, EVP, real estate at Empire State Realty Trust.

Alan Desino of Colliers represented Burlington in leasing negotiations. ESRT’s Shanae Ursini and the Newmark team of Scott Klau, Neil Rubin and Erik Harris represented ownership.


Inside The Story

Colliers' DesinoESRT's Ursini

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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