Property Management Projects
113 North Myers, 125 North Myers, 731 East Trade - 3 Data Center Buildings Totalling 95,000 sf
Digital Realty Trust added three data center buildings to its worldwide portfolio, and built out new top quality data center space for lease.
231-Bed Nursing Home
A financial institution became the owner of a failed nursing home in the process of closing its doors. The new owner needed assistance closing the property safely, preparing it for sale, and maintaining it during the sale period.
325,000 sf Industrial Complex
A private client wished to stabilize and increase the value of an industrial property occupied by a post-market auto assembly operation.
63,000 sf Industrial Building
An industrial facility in the mixed use Northern Liberties neighborhood of Philadelphia was to be liquidated by the Trustee for bondholders.
415,000 sf Office/Industrial Park
An industrial site slated for super fund designation and partially occupied with commercial and industrial tenants became the property of a financial institution.
200,000 sf Office and Retail Building
A commercial office building near the Philadelphia historic district became the property of a financial institution. The building was experiencing urgent roof, HVAC, ACM, and management problems. Many tenants were planning to move.
833 Chestnut East | 750,000 sf Commerical Office Building
A financial institution became the owner of this property at the time a 350,000 sf tenant was moving out, leaving the building 27% occupied. Major systems, such as HVAC and electric, were outmoded and in some cases failing. The building had a negative cash flow.
690,000 sf Carrier Hotel
A private owner acquired a large, vacant printing press building for conversion into a telecom carrier hotel. In this relatively new field, the owner looked for experienced assistance.
Two 350-Unit Apartment Buildings
Two centrally-located, fully occupied apartment buildings in poor physical condition were being taken into receivership.
The Cosmopolitan | 191 Apartments / Retail / Parking
A vacant city-owned lot next to an historic loft building in a deteriorated Center City neighborhood caught the eye of principals at an Athenian predecessor firm.