Brandywine Realty Trust
Brandywine Realty Trust is a publicly traded real estate investment trust (REIT) specializing in the ownership, development, leasing, and management of office and mixed-use properties.
It is headquartered in Philadelphia, Pennsylvania, and operates primarily in the Philadelphia, Washington, D.C., and Austin, Texas markets.
As of December 31, 2022, it owned interests in 72 properties totaling 12.8 million net rentable square feet.
Address: 2929 Arch Street, Suite 1800, Philadelphia, PA 19104
Phone: (610) 325-5600
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Mayor Parker Launches New Task Force to Revitalize, Renew Struggling Market East Corridor
Mayor Cherelle Parker and her administration have announced the formation of the Market East Advisory Group, tasked with renewing Market East, write Joe Brandt and…
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Reservations Now Open for King of Prussia District’s Igloo Garden on the Green from Nov. 4-18
Reservations are now open for the fourth annual Igloo Garden on the Green, a magical outdoor dining experience returning to King of Prussia Town Center’s green…
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New $60M Radnor Hotel Being Built by Brandywine Realty Trust
Construction has started on a new 121-room Radnor hotel at 165 King of Prussia Road, writes Paul Schwedelson for Philadelphia Business Journal. The $59.5 million…
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Large Plymouth Meeting Executive Campus Sells for Steep Discount
FLD Group and the Adjmi family have purchased the Plymouth Meeting Executive Campus for $65.5 million, writes Paul Schwedelson for Philadelphia Business Journal. The price…
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Brandywine Realty Trust to Leave Challenging Washington D.C. Market
Philadelphia-based Brandywine Realty Trust is planning on leaving the Washington D.C. market within the next few years, according to CEO Jerry Sweeney, writes Paul Schwedelson…
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PREIT’s New Leadership Keeps Exton Square Mall On List of Properties for Sale
The Exton Square Mall has remained up for sale under PREIT’s new leadership, writes Paul Schwedelson for the Philadelphia Business Journal. The Philadelphia company which…
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CII Council Awards Recognize $82 Million in Commercial and Industrial Real Estate Transactions in Chesco for 2023
The Chester County Commercial Industrial Investment Council (CII Council) recognized real estate leaders for excellence and collaboration in their transactions last year at the organization’s…
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Chesterbrook Software Firm Boomi Officially Relocates to Conshohocken
Software firm Boomi officially finalized the relocation of its headquarters from Chesterbrook to Conshohocken earlier this week, writes Ryan Mulligan for the Philadelphia Business Journal.…
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Tredyffrin-Easttown Prepares Tentative Proposal to Convert Office Property Into New Elementary School
In January, the Tredyffrin-Easttown School District approved a tentative proposal to purchase a Berwyn corporate office building to convert into a new elementary school, writes…
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Brandywine Realty Trust Sells Fully Leased Radnor Retail Center
Brandywine Realty Trust has sold a 17,884-square-foot retail center at 200 N. Radnor Chester Road in Radnor, writes Paul Schwedelson for the Philadelphia Business Journal.…
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PREIT Faces $1 Billion in Debt, Struggles to Sell Exton Square Mall
Exton Square Mall owner PREIT has a huge bill due at the end of this year. The real estate company accrued $1 billion in debt…
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PREIT Still Searching for Buyer for Exton Square Mall as Deadline Approaches
PREIT is still searching for a buyer for Exton Square Mall to shore up cash as a pivotal loan deadline inches closer, writes Paul Schwedelson…
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Exton Square Mall’s New Owner Revealed
The Pennsylvania Real Estate Investment Trust (PREIT) has agreed to sell Exton Square Mall to Brandywine Realty Trust for $27.5 million, writes Natalie Kostelni for…
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Global Chemical Company Sets Up Shop in Delco
A specialty chemicals company, Nouryon, has decided to set up its North American headquarters in Radnor, writes Natalie Kostelni for the Philadelphia Business Journal. The…
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Three Business Luminaries with Ties to Chester County Among This Year’s Philly Power 100
City & State Pennsylvania has published its 2021 Philly Power 100 list, and three people with Chester County ties have made the cut. Comcast CEO…
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New York Firm Buys Majority Stake in Several Berwyn Properties for More Than $100 Million
Brandywine Realty Trust has sold a majority stake in several properties located in Berwyn to New York-based Davidson Kempner Capital Management for more than $100…
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Micro Farm, Flower Meadow Part of Proposed Local Office Building
A new office building, 155 Radnor, off King of Prussia Road in Radnor will include landscaped grounds that have more than 250 trees, a seasonal…
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Lack of Available Modern Workspaces, Rising Rents Fuel Suburban Office Boom
A number of developers are capitalizing on the lack of available modern workspaces and rising rents in Philadelphia’s suburbs by constructing several new office buildings,…
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