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

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NEW YORK--(BUSINESS WIRE)--Apr 17, 2025--

Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that it signed a renewal and 12,338 square foot expansion lease with Workday, Inc. – the AI platform for managing people, money, and agents – 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.

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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,” said Assal Yavari, Vice President of Global Real 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 online.

About Empire State Realty Trust
Empire State Realty 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,” features its iconic Observatory that was declared the #1 Attraction in the World – and the #1 Attraction in the U.S. for the third consecutive year – in Tripadvisor’s 2024 Travelers’ 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 Realty Trust can be found at esrtreit.com and by following ESRT on Facebook, Instagram, TikTok, X, and LinkedIn.

Source: Empire State Realty Trust, Inc.

Category: Leasing

View source version on businesswire.com:https://www.businesswire.com/news/home/20250417445611/en/

CONTACT: MEDIA:

Empire State Realty Trust

Jamie Steinberg

212-400-3339

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY REIT

SOURCE: Empire State Realty Trust, Inc.

Copyright Business Wire 2025.

PUB: 04/17/2025 09:00 AM/DISC: 04/17/2025 09:00 AM

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