Empire State Realty Trust says 111 W. 33rd Street and 1350 Broadway are now 100% leased

Instacart leased 26,134 square feet at 111 W. 33rd Street, while a separate Hansa Biopharma deal and transactions at 1350 Broadway brought both Manhattan office properties to full occupancy.

Summary

Empire State Realty Trust said 111 W. 33rd Street and 1350 Broadway in Manhattan are now 100% leased, marking a broader portfolio update beyond its previously disclosed Instacart transaction. At 111 W. 33rd Street, Instacart signed a new 26,134-square-foot office lease in the second quarter, and Hansa Biopharma, Inc. signed a 7,052-square-foot office lease early in the third quarter, bringing that building to full occupancy. ESRT also said 1350 Broadway reached 100% leased status after 12 new transactions and existing tenant expansions over the past 12 months. The company said it still has two large blocks available for 2026 at One Grand Central Place and 501 7th Avenue.

Terms & Concepts
  • REIT: A real estate investment trust, a company that owns or operates income-producing real estate.