Chris Pennington

Senior Vice President & Partner | Email

Since joining Binswanger in 2003, Chris Pennington has consistently been one of the top producers for the company. His depth of knowledge of the Mid-Atlantic marketplace and experience in handling significant, unique, and very complicated transactions is unparalleled. In 2024, Chris was one of 30 brokers in the country to make GlobeSt.com’s annual “Influencers in Industrial” list and was nominated for “Dealmaker of the Year” by the Philadelphia Business Journal.

Under Chris’ leadership, Binswanger’s Mid-Atlantic team has grown to 15 brokers and has become one of the largest and most dominant industrial real estate teams in the Philadelphia region, closing over 250 transactions in just the past three years. In 2024, they were named one of the top three brokerage teams in the region for leases and sales by the Mid-Atlantic Real Estate Journal (MAREJ).

Throughout his career, Chris has handled over a thousand transactions totaling more than 150,000,000 SF and valued at more than $4 billion. He has assisted numerous corporations of all sizes as well as private institutions and non-profits with tenant and buyer representation, acquisitions and dispositions, consulting, and site selection. Some of his most notable past clients include Exelon, Comcast, Albertsons, Lockheed Martin, Kohler, Target, Bombardier, Tyson Foods, Walmart, TJX Companies, Sony Entertainment, Hunter Douglas, Tower Investments, Ascena Retail, Simmons Pet Foods, Elwyn, Tasty Baking Company, Project HOME, Kingspan Companies, Alterra Property Group, Catalyst Partners, Venture One, Seyon, DH Properties, Monarch Brands, Rothman Orthopedics, Winner Airport Parking, Arcosa Wind, Penn Medicine, Conair, Merck and PhilaPort.

One of Chris’ most high-profile deals to date was the site search and lease negotiations for Conair’s two million square foot distribution center in Hagerstown, MD. In addition to being the largest warehouse in the state and the largest in the nation for small appliances, it was named the Largest Industrial Lease in 2023 by MAREJ. In an advisory capacity, he has helped Philaport, the Philadelphia School District, and Exelon Corporation study and dispose of surplus real estate, resulting in numerous successful transactions.

Currently, Chris serves on the Drexel University President’s Real Estate Council and helps student-athletes prepare for entering the workforce after college as part of the University of Pennsylvania Football Mentoring program. In his free time, Chris is also heavily involved as a leader, coach, and administrator in youth sports in his community. He received a degree in Politics, Philosophy, and Economics from the University of Pennsylvania where he was an All-American, three-time All-Ivy, and captain of the 2002 football team.

Chris is local to Philadelphia, having resided in Upper Dublin before attending LaSalle College High School in Wyndmoor, PA. He now resides in Media, PA with his wife Kelly and their three children.