NEW YORK—Savanna Commercial Services Inc. has signed leases at its 5 Hanover Square property totaling more than 7,000 sq. ft.
Tenant renewals include:
• Magna Group L.L.C., an alternative investment firm that makes structured investments, which signed a new lease expansion and extension. The firm now occupies approximately 4,375 sq. ft. on a portion of the 16th floor. The lease has been extended for a seven-year term.
Todd Korren of Savanna and Frank Cento of Cushman & Wakefield represented the landlord, while Joshua Winslow & Company L.L.C. represented the tenant in this transaction.
• RGL Inc., an accounting and valuation firm, which renewed its occupying approximately 2,810 sq. ft. on a portion of the 5th floor for an eight -year term.
Todd Korren of Savanna represented the landlord, an affiliate of Savanna, while David Welker, Todd Roebken, Gil Ohls and Matt Felice of Jones Lang LaSalle Brokerage Inc. represented the tenant in this transaction.
Located in close proximity to 12 subway lines, 5 Hanover Square offers a full-service messenger center, 24/7 security and a recently renovated lobby.