WOODLANDS OFFICE PARK750 Veterans Hwy, HAUPPAUGE, NY 11788

property overview

MRA along with its partners acquired The Woodlands Office Park, a three-building office complex located in Hauppauge, NY, that was 78% occupied at the time of acquisition. In order to increase occupancy, MRA implemented a capital improvement program that included upgrades to the common corridors, bathrooms, and lobbies. MRA successfully leased the property to 95% occupancy within 17 months and sold the asset upon stabilization in 2003.