One Hanover Park
- Size200,000 SF
- Built1998
- Stories5
- Parking2.3:1000
- lease
- manage
- own
- sold
The Story
Cawley Partners and Stockbridge Capital Group acquired One Hanover Park in 2012. Interestingly, Cawley was also the original developer of One Hanover Park in 1998, although the project had changed hands a few times in between. Upon completion of the original business plan, One Hanover Park was sold in 2014.
The Scorecard
Cost | $18.9 Million
IRR | 50%
Multiple | 2.2x
Hold Period | 2 Years
The Location
sold
