Savanna signs lease for 6,822 s/f at 31 Penn Plaza
Savanna, a New York-based real estate private equity firm, arranged the following new lease at 31 Penn Plaza:
Compass Group USA., a leader in foodservice management and support services has signed a new lease occupying 6,822 s/f on a portion of the 6th floor for a ten 10-year term. Mitch Konsker, Matthew Astrachan and Matt Polhemus of Jones Lang LaSalle represented the landlord, Savanna, while Tyler McNeil and Michael Burlant of Cushman & Wakefield represented the tenant.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
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