NEW YORK— Empire State Realty Trust, Inc. announced that Allied Universal has expanded and relocated from a 12,000 square foot space at ESRT’s One Grand Central Place to a 30,000 square foot space at 501 Seventh Avenue.
Allied Universal is a leading provider of security services and solutions.
Located adjacent to Penn District’s new developments with convenient access to Penn Station, tenants of 501 Seventh Avenue enjoy ESRT’s leading healthy building technologies and indoor environmental quality.
“The market flight to quality is not just about new development; it is about tenant’s desire for newly built and renovated, energy-efficient office space in modernized healthy buildings with convenient access to mass transit at an accessible price point,” said Thomas P. Durels, executive vice president, real estate at Empire State Realty Trust.
Louis D’Avanzo and Michael Baraldi of Cushman & Wakefield represented Allied Universal® in the lease negotiations. Shanae Ursini of ESRT and Ron Lo Russo, Heather Thomas, Patrick Murphy, Will Yeatman, and Pierce Hance of Cushman & Wakefield represented the property owner.
