Savills Inc. (“Savills”) has been retained on an exclusive basis to arrange the sale of both 1812-14 Chestnut St. and 1816 Chestnut St. (the “Subject Property”). The property is located in the heart of Rittenhouse, which is Philadelphia’s most luxurious neighborhood. The property and surrounding blocks are zoned CMX-5. This zoning provides the highest possible development capacity by right in the City of Philadelphia. The Maximized FAR for these properties permits the addition of approximately 161,000 SF.