Tim Pennington
Senior Vice President & Partner | Email
Tim Pennington has been a key member of Binswanger’s Mid-Atlantic Industrial Team since 2016, specializing in the Philadelphia suburbs and the I-81 and I-78 logistic corridors. With 15 years of experience in industrial real estate across Pennsylvania and New York, Tim possesses vast knowledge and expertise in all facets of commercial brokerage, including tenant and landlord representation, buyer and seller representation, and stabilized investment transactions.
Tim has represented a broad range of clients including: Representing Wise Snacks in leasing a 250,000 SF warehouse distribution facility in Wilkes Barre, PA; Prologis in the leasing of 1157 & 1091 Arnold Road, totaling 350,000 SF in Reading, PA; Ryder Truck in leasing 100,000 SF of warehouse in Douglassville, PA; Velocity Ventures in their acquisition of 1180 Church Road, a 452,000 SF Flex facility in Lansdale, PA; Kohler in their subleasing of 500,000 SF in Carlisle, PA; Vimco in the disposition of their 160,000 SF manufacturing facility in King of Prussia, PA; Upper North’s acquisition of the Bally Brook Industrial Park, a 450,000 SF multi-tenant investment property in Bally, PA; A former 111,451 SF Johnson & Johnson research and development facility in West Chester, PA; Mickey Truck Body’s disposition of their 160,000 SF facility on Berwick, PA; Great Dane’s acquisition of a 334,000 SF manufacturing facility in Elysburg, PA.
Before joining Binswanger, Tim was a Director of the Industrial Real Estate Team at Newmark Grubb Knight Frank. While at NGKF, he facilitated over 25 million sq. ft. of deals and was nationally recognized as a “Rising Star” in 2015.
He holds a degree in both Finance and Real Estate from Temple University.