Sidney Smith
Executive Managing Director, Newmark
Philadelphia, PA 19103
Phone (215) 320-4511
Specialties
Landlord Rep (Office)
Property Types
Office, Retail
Markets
Philadelphia
Bio
Sid Smith has been active in Philadelphia Real Estate Brokerage for over 41 years. He was the founding partner of Smith Mack & Co., Inc., which he sold to Newmark Knight Frank in 2012. Mr. Smith is experienced in every facet of the commercial real estate business. He has represented countless firms in solving their real estate needs whether that be negotiating a lease for a tenant, selling a building for an owner/user, acquiring entire city blocks for a developer to build a Class A high-rise or acquiring ground to build a hospital. Mr. Smith’s breadth of experience has also led to many consulting assignments to help large organizations maximize the value of their real estate assets. He is one of the key “Market Makers” in Philadelphia’s Commercial Real Estate industry and was recently recognized by CoStar as one of the nation’s “Power Brokers”. Mr. Smith has represented some of the region’s largest institutional clients in land acquisitions. He assembled Bell Atlantic Properties (“BAP”) in 1986, on BAP’s behalf, the land on which BAP constructed the 1,025,000 SF Bell Atlantic Tower. BAP then engaged Sid to acquire the entire city block across from the Tower, for future considerations. These transactions totaled over $70,000,000 in land sales. Mr. Smith also represented Thomas Jefferson University Hospital, Bay Colony Property Company and Valhal Corporation in various land assemblies. More recently, he represented the Albert Einstein HealthCare Network in the acquisition of a land site for the construction of Einstein Medical Center Montgomery in East Norriton, PA.
Mr. Smith has represented some of the region’s largest institutional clients in land acquisitions. He assembled Bell Atlantic Properties (“BAP”) in 1986, on BAP’s behalf, the land on which BAP constructed the 1,025,000 SF Bell Atlantic Tower. BAP then engaged Sid to acquire the entire city block across from the Tower, for future considerations. These transactions totaled over $70,000,000 in land sales. Mr. Smith also represented Thomas Jefferson University Hospital, Bay Colony Property Company and Valhal Corporation in various land assemblies. More recently, he represented the Albert Einstein HealthCare Network in the acquisition of a land site for the construction of Einstein Medical Center Montgomery in East Norriton, PA.
Affiliations
