NEW YORK ( TheStreet) -- On Wednesday the Empire State Realty Trust (ESRT - Get Report) listed shares on the New York Stock Exchange. By listing as a real estate investment trust, or REIT, investors have the opportunity to participate and now trade shares in an efficient manner, with full market liquidity.The new REIT consists of 12 office properties encompassing 7.7 million square feet (around 83.5% leased) and six retail properties, consisting of four free-standing buildings that are 100% leased (excluding the Empire State Building).
Wednesday's IPO: Empire State Realty Trust
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