5 Becker Farm Road
Built in 1981, this property was acquired by an existing West Coast-based joint venture partner. Prior to the acquisition, Accordia was hired to act as asset and property manager for the property. Accordia oversaw due diligence investigations and formulated a business plan which included marketing strategies and major upgrades to the interior and building systems. Accordia created plans for the existing space, as well as plans for upgrades to the lobbies, restrooms, landscaping, elevators and mechanical systems.
Accordia maintained the building’s tenant base while reaching out to the marketplace for new leases, bringing the building’s occupancy up to 90% prior to its sale in 2021.