Since joining Binswanger in 2003, Mr. Pennington has had significant experience servicing large and small corporations, public entities, private institutions, and non-profit organizations throughout the Greater Philadelphia Region and is consistently one of the top producers for the company and within the region. Mr. Pennington’s responsibilities include assisting his clients with tenant and buyer representation, acquisitions and dispositions, consulting, and site selection. He has handled over 750 transactions in excess of 80,000,000 square feet with a transaction value of more than $1 Billion. He has been involved in various assignments on behalf of such clients as Albertsons, Conair, Kohler, Target, Ascena Retail Group, Simmons Foods, Harriet Carter, Aluminum Shapes, Velocity Ventures, Bombardier, Tyson Foods, Arcosa Wind, Lexington Property Trust, Walmart, Exelon Corporation, Sony Entertainment, Benjamin Foods, United Scrap Metal, Kloeckner Metals, Rothman Orthopedics, Tasty Baking Company, Amoroso Bakeries, Altman Management, Penn Medicine, Comcast, TJX Companies, Philadelphia Media Network, Liberty Property Trust, Endurance Real Estate Group, Tower Investments, Walnut Street Theatre, DiBruno Brothers, PRDC Properties, Philadelphia String Theory Charter School, Winner Airport Parking, Philadelphia Suburban Development, Cescaphe, Project HOME and numerous other organizations in the region. Mr. Pennington’s depth of knowledge of the Mid-Atlantic marketplace and experience in handling significant, unique, and very complicated transactions is unparalleled. In an advisory capacity, Mr. Pennington served on the advisory board of the Philadelphia School District for the disposition of all their surplus real estate resulting in numerous successful transactions. He heads the advisory team responsible for the study of all of Exelon Corporation’s excess generation facilities in the Philadelphia region delivering highest and best use studies as well as brokerage services. Mr. Pennington serves on the Drexel University President’s Real Estate Council and is part of the University of Pennsylvania Football Mentoring program. He has offered his time and energy to helping student athletes prepare for entering the workforce after college and getting a better understanding of the commercial real estate business. Mr. Pennington is local to Philadelphia having resided in Upper Dublin before attending LaSalle College High School in Wyndmoor, Pennsylvania. He holds a degree in Politics, Philosophy, and Economics from the University of Pennsylvania. During his time at Penn, he was an All-American, three-time All-Ivy and captain of the 2002 Football team.
$5.95 USD /SF/yr
Flex - For Rent$525,000 USD
Freestanding - For Sale1,506 SF | Request Cap Rate
$6,900,000 USD
Light Manufacturing - For Sale19,600 SF | Request Cap Rate
$10.50 USD /SF/yr
Industrial - For Rent$6,900,000 USD
Commercial Land - For Sale44,431 SF
$6,500,000 USD
Specialty - For Sale748 SF | Request Cap Rate
RENT WITHHELD
Industrial Land - For RentRENT WITHHELD
Industrial Land - For Rent$13,600,000 USD
Manufacturing - For Sale277,000 SF | Request Cap Rate
RENT WITHHELD
Industrial Land - For Rent$9.50 USD /SF/yr
Industrial - For Rent$1,250,000 USD
Storefront Retail/Office - For Sale5,307 SF | Request Cap Rate
$3,500,000 USD
Manufacturing - For Sale9,744 SF | Request Cap Rate
$1,850,000 USD
Storefront Retail/Residential - For Sale3,312 SF | Request Cap Rate
RENT WITHHELD
Office - For RentPRICE WITHHELD
Office - For Sale13,630 SF | Request Cap Rate
PRICE WITHHELD
R&D - For Sale127,198 SF | Request Cap Rate
PRICE WITHHELD
Warehouse - For Sale250,000 SF | Request Cap Rate
RENT WITHHELD
Industrial - For RentPRICE WITHHELD
Manufacturing - For Sale58,000 SF | Request Cap Rate
PRICE WITHHELD
Warehouse - For Sale8,400 SF | Request Cap Rate
RENT WITHHELD
Industrial - For RentPRICE WITHHELD
Freestanding - For Sale13,833 SF | Request Cap Rate
PRICE WITHHELD
Commercial Land - For Sale30,536 SF
PRICE WITHHELD
Commercial Land - For Sale151,153 SF
RENT WITHHELD
Industrial - For RentRENT WITHHELD
Industrial - For RentRENT WITHHELD
Industrial - For RentSep '25
RENT WITHHELD
Industrial - For RentRENT WITHHELD
Industrial Land - For Rent