Brandywine Real Estate Trust of Radnor has been named 2014 Developer of the Year by the Commercial Real Estate Development Association (NAIOP).  This is the association’s highest honor.

The full-service commercial real estate services firm structured as a real estate investment trust owns, leases and manages 283 properties and more than 33 million square feet of properties in Philadelphia, Washington, D.C., Texas, California, Virginia, New Jersey and Delaware.

The firm owns and operates professional office space in Berwyn, Wayne, Devon and Malvern.

“Every day, Brandywine looks for ways to improve our portfolio, expand our environmentally-friendly footprint and help generate positive economic changes through innovative development practices and strategic partnerships so that everyone benefits,” said Brandywine Real Estate Trust, president and CEO, Gerard H. Sweeney.

Brandywine is currently working on more than $600 million in new development and construction.  The company has strategically expanded its portfolio into transit-oriented locations, multifamily, student housing and retail sectors. In 2013 the firm achieved nearly $5 billion in capitalization and managed a capital recycling program resulting in almost $350 million of non-core dispositions.

As an active participant in Philadelphia’s ongoing renaissance, Brandywine is completing its 2.7 million square foot Cira Centre South development with a 49-story FMC Tower at Cira Center South, the City’s first vertical neighborhood.

Brandywine is also continuing its partnership with other key stakeholders to transform the University City neighborhood.  The firm recently announced joint venture with Amtrak and Drexel University to develop a joint master plan for Philadelphia’s 30th Street Station Precinct.  This could add more than 7 million square feet of office, retail and educational buildings in one of the Northeast Corridor’s most accessible mass transit location.

“Brandywine’s unique ability to adapt to changing market conditions coupled with its financial stability, longstanding record of community engagement and dedication to industry service and leadership make it a company to emulate,” said Thomas Bisacquino, NAIOP president and CEO.

The award will be presented Oct. 28 in Denver, Co.  NAIOP is the leading organization for developers, owners, investors and related professionals in office, industrial, retail and mixed-use real estate.