SAVILLS GRANITE BROKERS SALE OF $100 MILLION PORTFOLIO

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NEW YORK CITY — Savills Granite has completed the approximately $100 million sale of 47 Citibank branches and offices located throughout the New York City metro area. The portfolio totals 157,312 square feet with properties ranging in size from 2,000 square feet to 8,000 square feet. The properties are located in Manhattan, Queens, the Bronx, Brooklyn, Staten Island, Westchester, Suffolk and Nassau counties. All properties are leased back to Citibank for 15-year terms.

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