Tag: Savanna
Savanna Hires Todd Korren as Principal, Director of Leasing
NEW YORK, NY - September 15, 2011 - (RealEstateRama) -- Savanna, a New York-based real estate private equity and asset management firm, today announced it has hired Todd E. Korren as Principal, Director of Leasing. In his new position, Mr. Korren will be responsible for leasing activity, tenant relations and promoting the Savanna portfolio within the brokerage community. Savanna will continue to engage third party real estate brokerage and property management firms on each of the buildings within its portfolio while Mr. Korren will coordinate leasing activities with these firms and will work directly with existing tenants within the Savanna portfolio
Savanna Appoints Kevin Hoo as Vice President
New York, NY - June 13, 2011 - (RealEstateRama) -- Savanna, a New York-based real estate private equity and asset management firm, today announced it has appointed Kevin Hoo, a former Tishman Speyer executive, as Vice President. In his new position, Mr. Hoo will manage assets in the firm’s portfolio, oversee and coordinate development, along with leasing and repositioning Savanna properties. He will also be involved in acquisition underwriting, financial modeling and deal structuring.
Savanna Announces 7,500-Square-Foot Office Lease at 5 Hanover Square
New York, NY - March 8, 2011 - (RealEstateRama) -- Savanna, a New York-based real estate private equity and asset management firm, today announced that Odyssey Financial Technologies has signed a 10-year lease for 7,500 square feet of commercial office space at 5 Hanover Square in Manhattan’s Financial District. The asking rents in the building start in the low $30’s per square foot. The company, a global banking software solutions provider, will occupy part of the 20th floor of the 333,000-square-foot, 25-story building, which is currently undergoing a comprehensive capital improvement plan.
MESA WEST CAPITAL PROVIDES SAVANNA WITH $47 MILLION TO RECAPITALIZE RECENTLY ACQUIRED 5...
New York, NY - February 7, 2011 - (RealEstateRama) -- Mesa West Capital has provided the new owners of 5 Hanover Square in Lower Manhattan with $47 million in first mortgage financing secured by the 25-story, 333,000 square-foot office building, according to Mesa West Principal Raphael Fishbach who originated the financing
Savanna and Monday Properties Secure $58 Million Financing For 386 Park Avenue South
New York, NY - January 6, 2011 - (RealEstateRama) -- Savanna and Monday Properties announced today the closing of a $58 million loan for 386 Park Avenue South. The new partners of the 20-story, Art Deco office building additionally announced that Chase Bank has signed an 11-year lease renewal of its 12,000-square-foot retail space.
SAVANNA PURCHASES 500,000-SQUARE-FOOT OFFICE BUILDING IN PRIME MIDTOWN LOCATION
New York, NY - December 14, 2010 - (RealEstateRama) -- Savanna, a New York-based real estate private equity firm with investments in $3 billion of real estate in the Northeast and Mid-Atlantic corridor, today purchased 1375 Broadway, a 513,401-square-foot corner office building located on Broadway and 37th Street, for $135 million. With this purchase, Savanna has acquired four New York City office buildings in 2010, totaling approximately 1.4 million square feet, including 386 Park Avenue South, 5 Hanover Square, 104 W. 40th Street and now 1375 Broadway.
