Bryn Mawr Film Institute Redevelopment is a Finalist for 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.

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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” »

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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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.

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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.

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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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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. 

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.

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.

It Takes a Family to Create Energy Efficiency

We don’t just give lip service to the core values that matter to us, we are proud that our whole team subscribes to these principles including our commitment to sustainable development and energy efficiency.

And this culture doesn’t stop at our team members – it extends to their families too!

That’s why we’re extremely proud to congratulate Sheldon Strom – the father of our very own Chris Strom – on his recent award from the American Council for an Energy-Efficient Economy as a Champion of Energy Efficiency. How cool is that? This means that Sheldon is kind of like an energy super hero – tackling the bad guys of wasted energy consumption one at a time.

Sheldon founded the Center for Energy and the Environment (CEE), based in Minneapolis, MN, leading its many successful endeavors over the past 35 years including its contributions to the Next Generation Energy Act and the very practical (of course) “Minnesota Way” for implementing energy efficiency programs and policies. Under Sheldon’s guidance, CEE has served more than 70,000 homes and businesses with energy efficiency programs.

What drives Sheldon to continue to tackle energy efficiency? The principle that everyone benefits from smart energy policies. We couldn’t agree more.

Kudos from the AthenianRazak family for your great work.