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Tracy L. Steele


Phone: (610) 818-4652

Ms. Steele brings more than 25 years of commercial real estate experience to Ferro Steele LLC.  Ms. Steele advises private equity, REIT, corporate, pharma/life sciences, financial services, institutional investor, non-profit and high net worth clients on the acquisition, disposition, financing, leasing, management and structuring of commercial, industrial, retail, office, research and development, warehousing, mixed-use and multifamily properties.  She represents both landlords and tenants in their leasing needs and counsels clients on condominium and planned community formation, conversion and development issues.


In addition to being a member in the Firm, Ms. Steele serves as Deputy General Counsel of CenterSquare Investment Management LLC, where she oversees, in conjunction with outside counsel, the legal aspects of all acquisition, joint venture, disposition, development, leasing, management, financing and other real estate activities of CenterSquare and its affiliates.  Ms. Steele acts as outside counsel (through Ferro Steele LLC) on real estate and transactional matters for CenterSquare and its affiliated entities.


Ms. Steele is licensed to practice in Pennsylvania, the District of Columbia, Virginia and New Jersey (limited transactional license).


Prior to forming Ferro Steele LLC, Ms. Steele was a partner in the Philadelphia office of the international law firm, Morgan Lewis, LLP.  While practicing full-time, she served as the office hiring partner for 6 years in addition to running the office’s women’s initiative.  Ms. Steele graduated from Sweet Briar College, cum laude with a B. A. degree in both Mathematics and Economics.  She received her J.D. degree from The Dickinson School of Law of the Pennsylvania State University where she served as President of the Student Bar Association and was awarded the American Bar Association Student Bar Association of the Year Award.  Ms. Steele resides in Montgomery County with her husband and three children.

Presentations, Awards and Affiliations:

  • Chair, Dickinson Law Association

  • Vice Chair, The Penn State Dickinson School of Law Leadership Counsel Advisory Board

  • Member, The Hill School Board of Trustees

  • Rector's Warden, Church of the Redeemer, Bryn Mawr, PA

  • Member, Forum of Executive Women

  • Member, CREW Philadelphia (Past President; Recipient of Outstanding New Member Award)

  • Member, Blue/Gray at The Baldwin School (2019 – 2020)

  • Taught class at the University of Pennsylvania on real estate for the Master of Laws program

  • Presentation for Society of American Law Teachers, October of 2018 in State College, PA

  • Member, Haverford Leadership Council, The Haverford School (2016 – 2019)

  • Listed, Chambers USA:  America’s Leading Lawyers for Business (2012-2016)

  • Recipient, Outstanding Alumni Award , Penn State Dickinson School of Law (2014)

  • Recipient, Morgan Lewis Chairman’s Award (2011)

  • Recipient, Distinguished Service Award, Penn State Dickinson School of Law (2008)

  • Listed, The Legal Intelligencer’s “Lawyers on the Fast Track” (2009)

  • Past Member, Board of Central Philadelphia Development Corporation (2014 – 2016)

  • Past Member, Four Diamonds Advisory Board

  • Past Member, Penn State Alumni Council (1999-2005; Outstanding Alumni Council Award, 2005)

  • Past Member, Board of Sweet Briar College

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