Who are we?

AthenianRazak is the result of the 2011 merger between two successful Philadelphia-based real estate companies—Athenian Properties, founded by Jacqueline Buhn, and Razak Company, founded by Alan Razak. With combined resources and an integrated understanding of all aspects of real estate, AthenianRazak offers guidance and solutions for a range of property issues. Our team’s vision and expertise in hands-on construction and management along with financial structuring and strategic planning sets us apart. As consultants, we support institutions, corporations, and investors with the development and management of real estate, including mission critical space. As developers, we create enjoyable, intelligently designed, culturally significant, and environmentally responsible projects. We see the big picture up front, which saves money for our clients in the long run. We are also proud of our long-term efforts toward sustainability. Stewardship of the environment has always been a priority for us, both in terms of our business ethos—promoting viable and exciting urban density, reusing existing buildings, and providing attractive cityscapes—and our personal practices, like biking, walking, or taking public transportation to work. The same culture, pride and creativity that distinguished Athenian and Razak individually remain the core values of AthenianRazak.

If you have a project to get off the ground or a property that’s not performing, we hope you’ll get to know us.

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Our Team

Jackie worked as a union carpenter in her youth.

Jacqueline Buhn
Principal & CEO

Jackie co-founded AthenianRazak, and directs the company’s efforts toward enhancing urban viability. She has led redevelopment projects such as 833 Chestnut, bringing the value of this historic 750,000 sf office building from $7/sf to $230/sf, strategic projects such as two facilities master plans for the School District of Philadelphia addressing issues of excess space, management and repositioning efforts such as increasing the value of 700 distressed NJ apartment units by approximately $8 million or the in-progress repositioning of SEPTA’s Suburban Station Shops, and construction projects such as the simultaneous build of five data centers in an historic Chicago building on an accelerated schedule, completing work $8 million under budget. Jackie’s approach employs real estate to realize mission-driven goals, an approach she emphasizes in the projects the firm undertakes and the development of its staff.


Prior to AthenianRazak, Jackie founded and led Athenian Properties in 2001, and co-founded Renaissance Properties in 1989. At these firms she oversaw redevelopment, repositioning, management or consulting on more than 11 million sf of commercial properties and 5,800 residential units.


Selected Affiliations:

Counselors of Real Estate, Greater Philadelphia Economy League, CREW
University of Washington – Master of Architecture
Yale University, BA, Religious Studies


Alan can repair any mechanical device by laying hands on it.

Alan Razak

Alan co-founded AthenianRazak, and directs the company’s efforts in consulting and development management. Alan’s diverse real estate background includes managing the development process, both as owner and on a consulting basis as owner’s representative, and project types including residential, office and commercial, as well as specialized expertise in data centers and other highly technical facilities. Alan has led development projects such as the Philadelphia 76ers Practice Facility in Camden, where he both realized the benefit of tax credits and brought a project with multiple decision makers in on time and under budget, Lenfest Hall for the Curtis Institute of Music, where he restructured the project saving $12 million, and Pembroke Condominiums, where he doubled the allowable density on a TOD site. He is currently managing the redevelopment of Montgomery County’s Norristown town center real estate, a $300 million phased undertaking that will re-create the city’s core.


Alan founded Razak Company in 2003 which he led until joining Athenian in 2011. Prior to that Alan was a principal with a Philadelphia real estate consulting and investment advisory firm, where he consulted on a broad variety of assignments. In the 1980s, as a partner at developer Rouse & Associates, Alan managed such high-profile projects as a 400,000 sf Washington, D.C. office building and the development of a 20-acre Penn’s Landing urban mixed-use project.


Selected Affiliations:

Urban Land Institute, Philadelphia Shakespeare Theater
Wharton Business School, Univ. of Pennsylvania, MBA
University of Washington, Master of Architecture
MIT, BS Architecture


Darcy Anders
Development, Project and Property Management

Darcy manages the sustainability prototype Penn State properties in the Philadelphia Navy Yard, which were built to demonstrate new energy-efficient building techniques – one of the two building includes four different HVAC systems presenting four times the operational opportunities and challenges. Darcy also plays a key role in AthenianRazak’s repositioning of the Station Shops at SEPTA’s flagship Suburban Station, managing builds for the retenanting of the Station and assisting with wayfinding design in our quest to make the Station attractive and imageable.


Before joining AthenianRazak, Darcy was a key staff person at Passyunk Avenue Revitalization Corporation and, between and during her degrees, worked in event management, landscape construction management and landscape design management.


Selected Affiliations:

ULI & ASLA alum and CREW aspirant
University of Pennsylvania, Master of City Planning
University of Oregon, Bachelor of Landscape Architecture


Bernie not only excels at construction, but is also a competitive griller whose ribs have won contests.

Bernard Coogan
Senior Construction Management

Bernie manages construction for of AthenianRazak’s projects, currently including the phased redevelopment of the Station Shops at SEPTA’s Suburban Station and Philadelphia, the redevelopment of the industrial Progress Lighting factory in the distressed Kensington neighborhood of Philadelphia for Shift Capital, and the historic conversion of the Ruby Match Factory from warehouse to creative loft office in Camden, NJ. Past successes include:



  • -The 76ers Practice Facility, a 75,000 sf mixed use facility pioneering in Camden NJ, delivering the space on time in September 2016 and $10 million under budget
  • -The initial phases of Montgomery County’s office and court redevelopment, including security provisions for and re-skinning of an occupied office building, as part of their masterplan
  • -The redevelopment of 833 Chestnut for Digital Realty, creating both data center and medical office capabilities and taking the value of the property from $5 million to $161 million
  • -Construction of Pembroke North condominiums and Wayne Jaguar Land Rover
  • -Construction of Lenfest Hall for the Curtis Institute of Music, saving $12 million.


Before joining AthenianRazak, Bernie was Director of Construction for Hillary’s Gourmet Ice Cream stores and the Windsor Shirt Company.


Penn State University, BBA, Business Administration

Alexis is a cellist and once played in the ancient Roman amphitheater in Jerash, Jordan.

Alexis Hilinski
Senior Development Management

Alexis is managing development of the Ruby Match Factory, the 75,000 sf historic conversion of a former warehouse into creative loft office in Camden, NJ. She has also provided consulting and advisement on development feasibility for FACTS, an award-winning charter school, contemplating real estate options, their alignment with mission and their impact on operational and financial stability. She manages Owner’s Representative projects for The City of Philadelphia, including programming of the Fire Administration Building and construction of modular work sites.


Before joining AthenianRazak, she worked as Asset Manager for a national portfolio of High-rise Core Office for a private ownership group. Prior to that, she spent more than 7 years with a local developer, where she held various roles related to acquisition, financing, deal structuring and syndications, marketing, leasing, sales, development, construction, management, investment management and disposition of multifamily, mixed use, healthcare, retail and hospitality projects. She has been substantially involved in over $200M of debt and equity transactions, over 1M sf of rehab and new construction, and asset, property and investment management for over 4.5M sf across various asset classes.


Selected Affiliations:

Urban Land Institute, Licensed PA Real Estate Salesperson, SRES Designation
Drexel University LeBow School of Business, MBA,, Finance
University of Pennsylvania, Post-Bacc. Department of Psychology (Research)
University of Pennsylvania, BA Women’s Studies (with Distinction)


Phil is a Greek folkdance instructor for an award-winning youth performance group.

Philip Voutsakis

Development,  Project and Property Management

Phil is managing AthenianRazak’s operations and redevelopment effort for Station Shops at SEPTA’s flagship Suburban Station, with approximately 20 retailers and 40,000 sf. He provides asset management functions both for on-going operations and for capital planning, and handles the owner side of leasing and day-to-day management. In addition, he provides input on our many consulting projects, and is particularly adept at valuation, which he has provided for a Drexel University effort to reposition student housing for faculty and staff, and for the PA State Park housing, among others. Phil also underwrites new opportunities and acquisitions for the firm.


Prior to joining AthenianRazak, he was an acquisitions analyst at a real estate private equity company focusing on Philadelphia-area office and industrial assets. Within two years in that role, he was substantially involved in six office and industrial acquisitions, totaling $210 million and seven office dispositions totaling $200 million. Prior to that, Philip was an associate at a real estate investment firm with a national-focus and performed asset management functions on 1.2 million sf of office and retail properties and 460 apartment units.


Selected Affiliations:

DiLella Center for Real Estate at Villanova University
PA Licensed Associate Broker, NJ Licensed Salesperson
Villanova University, BS Finance


Jason Winig
Broker of Record

Jason Winig, a licensed real estate broker in both Pennsylvania and New Jersey, has more than fifteen years of experience in commercial real estate development, brokerage, and property management. His in-depth knowledge of financial modeling, proforma and investment analysis, debt and equity financing, and legal issues render him an expert in his field. Jason’s expert knowledge of real estate markets and sub-markets present an ability to understand and predict future trends. He has extensive experience in commercial brokerage, working in both landlord/tenant representation, as well as investment sales and property management. In addition to his role at AthenianRazak, Jason is the President and Broker of Record for HW & Associates Realty Corp. His previous posts include Development Associate for Grasso Holdings and Associate Broker for Legend Properties.  Jason earned a BA in History from the University of Pennsylvania.

What People Are Saying

Glad to have below-budget costs with above-expectation results.

-Juliet Goodfriend, President of the Bryn Mawr Film Institute

Client comment upon completion of phased historic restoration, where Athenian’s fee was billed on an hourly basis and was 20% lower than the agreed upon Not to Exceed Fee.

Your turn-around time is phenomenal and your estimate is within $625 of independent estimates.

-Annette Gianini of the US General Services Administration, East Philadelphia Office

Tenant comment upon completion of an interior fit-up estimate prepared by Athenian.

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