SOLIDLY STANDS APART In a volatile market, it is critical for tenants to partner with a financially stable, service-oriented owner on real estate decisions. Empire State Realty Trust, a publicly traded company with a best-in-class balance sheet maintains a solid financial platform and leads the way on healthy buildings with premier Indoor Environmental Quality (IEQ), industry-leading sustainability and energy efficiency practices, and unmatched amenities. ESRT is a service firm and a true partner to its tenants with over 302 expansions which total over 3M RSF since it went public in 2013.
TENANT ADVANTAGES
FINANCIAL STABILITY
Certainty of owner performance/service
$0.8B of balance sheet liquidity as of 03/31/25
Consistent, high-level service/maintenance
Well laddered Debt Maturity schedule
No cut corners on construction or operations
5.2x Net debt/Adj. EBITDA (REIT peer average: 8.6x)
High-end finishes
$1B spent on property upgrades
Flexibility of offerings such as terms & options
No floating rate debt exposure
Expedited response time; no need for lender/partner approvals
PG 10
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