Savanna Signs Four New Office Leases Totaling Approximately 15,500 Square Feet at 5 Hanover Square

New York, NY – September 6, 2011 – (RealEstateRama) — Savanna, a New York-based real estate private equity and asset management firm, today announced the signing of four new office leases totaling 15,500 square feet at 5 Hanover Square, bringing the building’s occupancy to 82 percent. The 25-story, 333,000-square-foot multi-tenant office building in Manhattan’s Financial District is in the final stages of a comprehensive capital improvement plan. Savanna has leased 35,000 square feet of space since acquiring the Property in September 2010.