Case Study: Hanover Business Center East

Hanover Business Center East is a single story office/flex building situated on Brodhead Road in Hanover Township. The building works faultlessly as an office/flex space due in parts to both its location and structure. But when Dunn Twiggar acquired HBCE at the end of 2005, it was only 60% occupied. After implementing a clear and rigorous marketing program, however, Dunn Twiggar quickly brought the occupancy up to 96%. In June 2007, Dunn Twiggar refinanced the property with securitized lending and fully returned all equity to the investors.