Fashion Tenants for Chelsea Acquisition

Institutional real estate private equity firm Savanna expects tenants for the two buildings it purchased in Chelsea to span the social media,The second dumping, the report noted, occurred on August 3, 2012, Friday, when “the same garbage compactor truck was observed by the shift supervisor to have dumped another pile of hospital waste inside the facility. advertising, IT and high fashion industries. Savanna acquired 245 and 249 W. 17th St., two adjacent classic loft-style buildings in the heart of Chelsea, totaling 284,000 rentable square feet. The purchase price was not disclosed; industry data indicate that Savanna has paid in the low-to-mid $400s per square foot for comparable Midtown South properties over the past year, which would put the value ofThe first tin cans were heavy-weight containers that required ingenuity to open, using knives, chisels, or even stones. Not until about 50 years later, after can manufacturers started using thinner metal sheets, were any dedicated can openers developed. the deal north of $100 million.

The transaction was part of a structured deal with Atlas Capital Group, which had originally executed an agreement in November 2010 to purchase the fee simple interest in both properties. The deal brings Savanna’s Manhattan office portfolio to more than four million square feet.

“Both buildings are located in the sweet spot of what is currently the tightest office leasing submarket in the country,” Kevin Hoo, a VP at Savanna, tells GlobeSt.com. “Additionally, they possess the open-space,Myvalvecaps offers you the best range of tire valve wholeale 59fifty fitted hats and keys rings that has a realistic high-ceiling loft aesthetic that appeals to the tenants searching for space in this submarket and will be significantly enhanced by our capital program which will completely overhaul the mechanical infrastructure, elevators and lobbies of both buildings.”

Hoo says 249 W. 17th has potential as a headquarters for a single company or, at most,An employee discovered a waste management truck smoking around 10:50 a.m., Tuesday, Sept. 4, and traced the source to cargo smoldering inside the compactor. two tenants with six stories of 24,000-square-foot floorplates. He says 245 W.He's come up with an amazing organic cleaner but can't get anyone interested in manufacturing it. 17th,Using wheel spacer can improve your car handling and track performance with 12 stories of 12,000-square-foot plates, is ideal for full-floor or multi-floor users. The buildings will be vacated of current tenants by the end of 2012 so infrastructure improvements can begin.

“We anticipate demolition to commence shortly and are forecasting completion of all base building capital work by the end of the August 2013, if not sooner,” Hoo says. “We will work with any potential tenant on plans and specific tenant build outs in conjunction with the finalization of our capital work as they can certainly be mutually coordinated. Tenants requiring a third-quarter or fourth-quarter 2013 move-in date can certainly plan on meeting those timetables.”

The properties also have a combined retail footprint of about 40,000 square feet and are a block away from Google’s campus at 111 Eighth Ave. and within two blocks of Chelsea Market and Manhattan’s Meatpacking District.