Empire State Realty Trust secures 63,173 s/f lease at Metro Center

October 16, 2020 - Connecticut

Stamford, CT According to Empire State Realty Trust, Inc., (ESRT) Berkley Insurance Co. (BIC), a subsidiary of W. R. Berkley Corp., has signed a new lease through 2033 for 63,173 s/f at Metro Center. BIC, A+ rated by both Standard & Poors and A.M. Best, will occupy 1.5 floors in ESRT’s suburban 285,258 s/f flagship property, located at I-95’s exit 7, at the Stamford Transportation Center. 

“We are thrilled to welcome Berkley Insurance Co. to Metro Center,” said Jeffrey Newman, senior vice president for ESRT. “The company will enjoy our new and recently renovated lobby, tenants-only gym, and coffee shop. We look forward to a long-standing relationship with Berkley.”

The tenant was represented by Belinda Scanlon, managing director of Bernard Realty, while ESRT’s Metro Center leasing agency team of Newmark Knight Frank, led by managing director James Ritman, joined Newman in representing ESRT. 

The tenant roster at Metro Center includes Capstone Investment Advisors, Columbus Circle Investors, Exoduspoint Capital Management, Heidrick & Struggles, H.I.G., JLL, Jefferies & Co., Olympus Growth Fund, Palladium Capital Management, Refinitiv, Tweedy, Browne Company and Zimmer US, Inc.

Terms of the lease were not disclosed.



Add Comment

More from the New England Real Estate Journal