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MRA Realty, Inc. Awarded Property Management Contract
May 1, 2008
Under this contract, MRA Realty will provide property management services to a 660,000 square foot, seven-building
office complex in Allentown.
Plymouth Meeting, PA - MRA Realty, Inc - the full-service property management and
leasing division of MRA Group, a Philadelphia-based real estate services firm - today announced that it has
been awarded a property management contract for Cedar Crest Professional Park in Allentown.
"Cedar Crest Professional Park is a great addition to our growing portfolio of clients in
the Lehigh Valley, which already includes the 550,000 square foot TEK Park campus in Breinigsville," says
Lawrence J. Stuardi, chief executive officer of MRA Group. "Additionally, this contract offers MRA Realty
the opportunity to showcase its extensive property management offerings."
With nearly four million square feet of property currently under management throughout
the region, MRA Realty has made the strategic decision to expand its reaches into the Lehigh Vallye. "The
Lehigh Valley's growing business community offers many opportunities for MRA Realty," says Michael Sher,
president of MRA Group. "We believe that prospective clients will benefit from the broad range of services and years
of experience that we bring to the table.
MRA Group (MRA) is a multi-faceted real estate firm that specializes in providing premiere real estate
services to a diverse client base. Based in Plymouth Meeting, Pennsylvania and founded in 1992 by CEO Lawrence J.
Stuardi, MRA continues to maintain the high level of quality, integrity, and excellence that has allowed
it to be recognized and respected as one of the fastest growing developers and manager of technology, healthcare and
academic related real estate in the mid-Atlantic region.
Cedar Crest Professional Park is a 660,000 square foot, seven-building office complex
owned by Cedar Crest Professional Park, LP. The complex sits along business route 78 in the growing metro
area of Allentown.
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