Savanna announced three significant new leases at 31 Penn Plaza totaling 70,262 s/f.
TPG Planning & Design, an award-winning architecture firm, has signed a 40,431 s/f lease, spanning the entire fifth floor and portion of the fourth floor.
The tenant was represented by Mark Ravesloot & Michael Monahan of CBRE.
Regus, a leading flexible workplace provider, has signed a lease for 23,009 s/f, spanning the entire 15th Floor.
Patrick Heeg and Jim Wenk of Jones Lang LaSalle represented the tenant in this transaction.
Real Estate Arts, Inc., a digital marketing and branding agency specializing in real estate and architecture, has signed a 6,882 s/f lease. The agency will be moving into a prebuilt space on the 6th floor.
The tenant was represented by Benjamin Friedland & Michael Hirsch of CBRE.
Brian Reiver, director of leasing at Savanna, commented, “These latest deals signed by industry innovators are indicative of Savanna’s continued dedication to offering its tenants premier office space in the heart of Manhattan.
“We are confident our property portfolio will continue to attract high-profile tenants seeking a work environment conducive to their success.”
31 Penn Plaza is an 18-story, 444,000 s/f multi-tenant office building located at 132 West 31st Street.