Senior Vice President & Partner | Email
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.