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Franklin Templeton Inks Renewal at ESRT’s First Stamford Place

Franklin Templeton, a global investment management organization, renewed its lease for 79,059 square feet at Empire State Realty Trust’s (ESRT) 100 First Stamford Place in Stamford, CT. The lease represents slightly more than 10% of square footage across the three-building First Stamford Place campus. 

“Franklin Templeton’s long-term renewal and consolidated relocation of its entire Stamford office space to First Stamford Place is a testament to the property’s ideal location for companies to recruit and retain employees from across the Tri-State area, and to our successful tenant partnerships and industry leadership in indoor environmental quality and energy efficiency,” said Jeffrey Newman, SVP, leasing at ESRT. 

Jay Hruska, Rob Lowe, Jeff Cushman and John C. Cushman III of Cushman and Wakefield represented Franklin Templeton in leasing negotiations. Newman and ESRT’s Kimberly Zaccagnino represented the property owner. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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 GlobeSt.com 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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