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Joseph Anthony “Tony” Hayden, a well-known pillar of the Philadelphia commercial real estate industry who helped establish the local Cushman & Wakefield office in the early 1970s, has died. He was 74.

Mr. Hayden’s early career in commercial real estate started at Strauss Greenberg and later led him to Cushman & Wakefield, where he was instrumental in expanding the commercial real estate brokerage’s national footprint and opened 10 regional offices across the mid-Atlantic and Midwest for the real estate firm. He was ultimately named as executive vice president of what was then a New York-based company and served on its board.

Mr. Hayden had a professional and personal friendship with the late Willard G. Rouse III, who founded Liberty Property Trust, and sat on the company’s board for more than two decades. He helped with the leasing of One Liberty Place, the pioneering 61-story, 1.2-million-square-foot building on Market Street that Rouse developed.

After spending 21 years with Cushman & Wakefield, Mr. Hayden formed in 1996 Hayden Real Estate Inc. and later renamed it Beacon Commercial Real Estate when he decided to shed an affiliation the firm had with another brokerage and embarked on a fresh start. “The bottom line is, it didn’t work out,” Mr. Hayden said in his typical bluntness in a 2002 interview with the Philadelphia Business Journal when explaining why the he was taking the firm on a new direction and name.

Hayden later formed Hayden Real Estate Investments in 2006, saying he was “beat up and a little tired of being a broker.” While it operated as a traditional boutique real estate brokerage, it also started making real estate investments. It bought office buildings throughout the region — Marsh Creek Corporate Center in Exton was among its first acquisitions — as well as industrial properties.

At the time of his death, Mr. Hayden was chairman emeritus at Maguire Hayden Real Estate Co. Of the many aspects Mr. Hayden liked about having his own firm, he liked most the ability to bring in and mentor his children who wanted to enter the real estate business.

“My dad always emphasized the importance of practice and gritty hard work. Whether it be a commercial real estate deal, a speech, a golf match – he over prepared and then went with the flow, which I believe lead him to a tremendous amount of success in both his business and personal life,” said Stephanie Hayden, his youngest daughter.

Aside from sitting on the boards of Cushman & Wakefield and Liberty Property Trust, Mr. Hayden was also a director with Telespectrum Worldwide, Founders’ Bank and Pierce Leahy Corp.

A Philadelphia native who grew up in Mount Airy, Mr. Hayden graduated high school from St. Joseph’s Preparatory School and earned an accounting degree from LaSalle University. He served in the U.S. Navy as an officer and received a commendation for his service as a lieutenant in Vietnam.

Mr. Hayden is survived by Patricia Hayden, his wife of 46 years, and five children. A viewing is scheduled from 5:30 p.m. to 8:00 p.m. on Oct. 15 at St. John Vianney Church in Gladwyne. A funeral mass will be held 10:30 a.m. on Oct. 16 at Our Mother of Good Counsel Church in Bryn Mawr.

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