News: Brokerage

Savanna arranges two leases at 80 Broad Street totaling 19,535 s/f

Savanna, a New York-based real estate private equity firm, arranged the following two new leases at 80 Broad Street totaling 19,535 s/f. Loyalkaspar, an entertainment branding agency with offices in New York and Los Angeles, has signed a new lease at 80 Broad Street, occupying approximately 15,170 rentable s/f on the entire 8th Floor for a ten (10) year term. With an emphasis on crafting unified brand narratives through smart storytelling and an international design aesthetic, Loyalkaspar offers a full spectrum of strategic and creative capabilities from initial insight to final execution. Hal Stein, Adam Leshowitz and Todd Stracci of Newmark Grubb Knight Frank represented the Landlord, Savanna, while Owen Hanes and Marc Nevins of Cushman & Wakefield, Inc. represented the tenant in this transaction. Labelium, an international online marketing agency, has also signed a new lease at 80 Broad Street, occupying 4,365 rentable s/f on a portion of the 13th Floor for a five (5) year term. Founded in 2001, Labelium offers search engine marketing and optimization, site performance monitoring, online media buying, and website consulting services. Hal Stein, Adam Leshowitz and Todd Stracci of Newmark Grubb Knight Frank represented the Landlord, Savanna, while Daniel L. Schwartz of Winslow & Company, LLC represented the tenant in this transaction.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

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.