Station Park, Hatboro, PA Management and Repositioning for 428,000 sf Office and Warehouse

AthenianRazak was appointed manager of Station Park, a 428,000 sf commercial office and warehouse complex in Hatboro, PA in late 2011. We addressed deferred maintenance issues, stabilized the property and tenancy, and supported new leasing.  The property was marketed for sale and quickly sold, closing in December 2012 with an impressive 7.62% cap rate.