News

May 14

2015

Bryn Mawr Film Institute Redevelopment Wins ULI Philadelphia Award for Excellence

We’re thrilled to announce that the Bryn Mawr Film Institute (BMFI)., redeveloped by AthenianRazak over a ten-year phased plan, has been named as a finalist for the ULI Philadelphia Willard G. “Bill” Rouse III Awards for Excellence. This is the second year in a row that one of AthenianRazak’s projects has been so recognized.

Continue reading “Bryn Mawr Film Institute Redevelopment Wins ULI Philadelphia Award for Excellence” »

May 11

2015

AthenianRazak Increases Value at 833 Chestnut to Historic High

We’re extremely pleased to announce that a property AthenianRazak managed and turned around, 833 Chestnut, appears to have sold for the highest price in the region for large, occupied office buildings – coming in at $161m or $228 / sq ft. Continue reading “AthenianRazak Increases Value at 833 Chestnut to Historic High” »

Mar 01

2015

AthenianRazak Supports Cooper’s Ferry Partnership 2015 Annual Meeting

We were honored to sponsor this year’s Cooper’s Ferry Partnership Annual Meeting, which took place at the Adventure Aquarium on February 25th.
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Jan 23

2015

76ers Practice Facility Touted as One of 50 Top Regional Transformations for 2015

Check out the Philadelphia Business Journal’s new list of 50 things that will change Philadelphia in 2015 and you’ll find the 76ers new practice facility at the top spot (Woohoo!).

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Dec 16

2014

AthenianRazak Hired as Facility Manager for Consortium for Building Energy Innovation at The Navy Yard

AthenianRazak has been selected to partner with Penn State to develop and test replicable energy-efficient commercial building solutions in its new Consortium for Building Energy Innovation (CBEI) headquarters and the accompanying classroom building.

Continue reading “AthenianRazak Hired as Facility Manager for Consortium for Building Energy Innovation at The Navy Yard” »

Dec 08

2014

AthenianRazak Oversees Renovations at Sixers PCOM Practice Center

While busily at work as Development Manager for the Sixers new state-of-the-art training center in Camden, AthenianRazak has also been making the team’s current facilities a little bit better.

Continue reading “AthenianRazak Oversees Renovations at Sixers PCOM Practice Center” »

Nov 11

2014

CRE Consulting Corps Recognized with Chairman’s Award

To say the Consulting Corps Team has given us much to consider and evaluate for the future would be a gross understatement. They asked the tough questions, interviewed more than 50 people, and worked very long hours. Words like ‘creative, innovative, on-target, and tremendously detailed’ were common descriptors of the team and their work.”  That’s what W. Michael Couch, Executive Director of the Central State Hospital Local Redevelopment Authority had to say after his organization’s participation in a Counselors of Real Estate (CRE) Consulting Corps assignment this year.

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Nov 07

2014

Is Camden on the Cusp of Revival? Absolutely.

Violence. Poverty. Blight. These have long been the most common terms used to talk about Camden. But you’ll hear something different today. Words like revitalization, opportunity and investment. Heck, you’ll even hear talk of revival.

A recent article in Philadelphia magazine talks about this revival. From a pop-up park on the lawn at City Hall to a decrease in violence, from the 76ers training facility to the first new super market in decades, from demolishing blighted properties to building new houses downtown. And those are just some of the top-level highlights.

I’m proud of our small part in this renaissance with our role as Development Manager for the 76ers training facility. This state-of-the-art new facility will bring at least 250 jobs to the waterfront and is a key piece of the puzzle for this new era for Camden.

Some might say that the Sixers are due for a comeback. Well, we think the same is true for Camden and what better time than right now.

Christopher Strom is Director of Project Development. 

Nov 06

2014

AthenianRazak Team Leads ULI Session on Where Big Data Meets Real Estate

We’re back at it again, sharing our data center insight with the world – or at least at the Urban Land Institute (ULI) Fall Meeting. A few weeks ago, Alan Razak and Chris Strom led a panel session, “Data Centers: Big Data Meets Real Estate,” giving lucky participants an overview of the growing trend of the intersection of technology and real estate.

Our two real estate technology experts provided an overview of the data center industry – sharing their insight on the most complex and sophisticated buildings being constructed today. They reviewed the market forces that have led to the explosive growth and capacity of data centers and IT infrastructure, while also giving an overview of the various business models for different end users and why these are changing so rapidly. The session also explored resiliency and recovery, two critical elements of data center planning.

Read more here on our data center services and how we can help you with planning.

Sep 23

2014

Chris Strom Talks About Growth in Philly’s Real Estate Sector

Chris Strom, Director of Project Development, recently talked about trends in Philadelphia’s real estate sector and AthenianRazak’s continued growth for the Market News International Reality Check series.

He attributed the broad-based growth to the city’s changing demographics from being a traditionally blue-collar town to a place where jobs in technology and other fields are demanding a more educated work force.

You can read the full article here.