NEW YORK CITY — Savanna, a New York-based real estate private equity and asset management firm, has secured three new leases totaling 70,262 square feet at 31 Penn Plaza in Manhattan. TPG Planning & Design, an architecture firm, has signed a 40,431-square-foot lease, spanning the entire fifth floor and portion of the fourth floor. Mark Ravesloot and Michael Monahan of CBRE represented TPG in the transaction. Regus, a workplace provider, has signed a lease for 23,009 square feet, spanning the entire 15th floor. Patrick Heeg and Jim Wenk of Jones Lang LaSalle represented Regus in the transaction. Real Estate Arts Inc., a digital marketing and branding agency specializing in real estate and architecture, has signed a 6,882-square-foot lease. The agency will be moving into a prebuilt space on the sixth floor. Benjamin Friedland and Michael Hirsch of CBRE represented Real Estate Arts in the transaction. Mitchell Konsker, Matthew Astrachan and Matthew Polhemus of Jones Lang LaSalle represented the landlord, Savanna, in all three transactions. 31 Penn Plaza is an 18-story, 444,000-square-foot office building located at 132 W.31st St.
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