Established in 1986 as an adjunct of the Washington DC office, the Philadelphia office was opened to service two large Philadelphia accounts: CoreStates Bank and Pepper Hamilton & Sheetz law firm. Within 2 years, a permanent office had been established servicing several other large corporate and law firm clients. As the premier tenant representation firm in Philadelphia, Savills Studley consistently holds a 25-35% market share and has consistently represented some of the larger tenants in the market year in and year out both downtown and in the suburbs.
In 1996, Hether Smith was appointed Branch Manager, and she is joined by 16 other brokers and a very capable research and administration group. Working with a deep bench of experienced brokers, the Philadelphia office provides a full range of real estate consulting services including space and land acquisition and disposition, build-go-suit development and financing, sale-leaseback analysis, lease management services, supply and demand analysis, portfolio analysis, employee attrition analysis, corporate relocation and state and municipal incentives.
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Quarterly office market reports provide statistics and trends for office leasing, employment, and investment for over 30 US markets.