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Deals & Dealmakers

CLA Nearly Triples Office Space with ESRT at One Grand Central Place

 Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that CLA (CliftonLarsonAllen LLP), the eighth largest accounting firm in the United States, expanded to lease the entire 51st floor of One Grand Central Place for a total of 12,422 square feet. CLA is tripling in size at the building after moving in less than two years ago.

“We are excited about our growth with Empire State Realty Trust at One Grand Central Place and the additional opportunities we’ll be able to create in this space,” said Jen Leary, CEO, CLA. “Our expansion was a turnkey, enjoyable process thanks to ESRT, and is a testament to the dedication and forward-looking vision of our professionals.”

One Grand Central Place offers premier tenant office spaces and amenities which include a tenant-only conference center, multiple dining options, and in-building access to Grand Central Terminal’s five subway lines, commuter trains, and retailers.

“We are pleased to accommodate CLA’s growth at One Grand Central Place,” said Thomas P. Durels, executive vice president, real estate at Empire State Realty Trust. “We continue to serve the market’s flight to quality with our extensive in-building amenities and fully modernized spaces that deliver a premier environment with unparalleled convenience.”

Andrew Blaustein and Ben Shapiro of Newmark represented CLA in the lease negotiations. Scott Klau, Neil Rubin, Erik Harris, and William Cohen of Newmark represented the property owner.

More information about One Grand Central Place can be found online.

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