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Philadelphia Skyline
Transaction Total:
3,285,638 square feet
Winners:
Hether Smith, Jay Joyce and Catherine Pullen
Company:
Savills
Award Highlights:
  • Represent clients in healthcare, legal, nonprofit and AEC sectors
  • Arranged largest deal in Philadelphia for 2020

In Philadelphia, Hether Smith, who has been with Savills for more than 30 years, and her colleagues Jay Joyce and Catherine Pullen represented Jefferson Health Systems of Philadelphia’s most significant commercial transactions of 2020 and the largest deal in Philadelphia for the year.

The team negotiated the development of Jefferson’s $762-million Specialty Care Pavilion, a 19-story build-to-suit, Center City high-rise building that represented the largest construction project in the city of Philadelphia for 2020 and the single largest real estate investment by Jefferson in its nearly 200-year history. As part of the transaction, Savills also negotiated the purchase of an adjacent pad site, also above the underground garage, with a development capacity of 188,000 square feet.

All told, in 2020, Smith, Joyce and Pullen executed 64 transactions totaling 3,285,638 square feet. Highlights include representing clients such as Axalta Coating Systems and Nemours duPont Pediatrics.

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About the Author

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism.
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