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Press release from PR Newswire

Brandywine Realty Trust Announces Second Quarter Leasing Activity

Thursday, July 19, 2012

Brandywine Realty Trust Announces Second Quarter Leasing Activity16:50 EDT Thursday, July 19, 2012RADNOR, Pa., July 19, 2012 /PRNewswire/ -- Brandywine Realty Trust (NYSE: BDN) announced today that it has signed over 700,000 square feet of new and renewal leases during the second quarter of 2012."We are pleased with this quarter's leasing activity which is consistent with our business plan forecast," stated Gerard H. Sweeney, President and Chief Executive Officer of Brandywine Realty Trust.  "As a result of this second quarter activity, we have signed over 1.4 million square feet in the first half of 2012 and have already achieved 87% of our 2012 leasing plan." RegionSF Signed & Commenced During 2Q '12SF Signed in 2Q 2012 with Future Commencement DatesTotal SF Signed3Q 20124Q 2012After 2012PA21,13181,40442,0354,851149,421DC3,84850,20832,93226,093113,081Austin484--112,191112,675RCH10,80867,89418,74712,450109,899PHL CBD-74,207-16,33090,537NJ/DE39,00418,91923,993-81,916CA2,82620,12028,732-51,678Total78,101312,752146,439171,915709,207 Lease TypeSF Signed & Commenced During 2Q '12SF Signed in 2Q 2012 with Future Commencement DatesTotal SF Signed3Q 20124Q 2012After 2012New28,478134,74074,3852,268239,871Renewal49,623178,01272,054169,647469,336Our second quarter leasing activity includes the following transactions:Pennsylvania (149,421 SF)Client Server Specialists, Inc. signed a 10,019 square foot lease at 610 Freedom Business Center, King of Prussia, PA Sundance Vacations renewed a 10,088 square foot lease at 620 Allendale Road, King of Prussia, PA Cooper Neff Group, Inc. renewed a 13,556 square foot lease at Croton Road Corporate Center, King of Prussia, PA American Executive Centers, Inc. renewed a 14,958 square foot lease at 600 Plymouth Meeting Executive Campus, Plymouth Meeting, PA GSI Commerce signed a 17,972 square foot lease at 630 Allendale Road, King of Prussia, PA Johnson Controls, Inc. renewed a 21,510 square foot lease at 2250 Butler Pike, Plymouth Meeting, PAMetro DC (113,081 SF)Professional & Scientific Associates, Inc. signed a 15,518 square foot lease at 1880 Campus Commons Drive, Reston, VA Geneva Software renewed a 16,342 square foot lease at 2121 Cooperative Way, Herndon, VA Team Velocity Marketing signed a 25,364 square foot lease at 13825 Sunrise Valley Drive, Dulles Corner, VA Vion Corporation signed a 26,852 square foot lease at 196 Van Buren Street, Herndon, VAAustin (112,675 SF)Intel Corporation renewed a 46,712 square foot lease at One Barton Skyway, Austin, TX SHI Government Solutions, Inc. renewed a 65,479 square foot lease at Four Barton Skyway, Austin, TXRichmond, Virginia (109,899 SF)Cegedim renewed a 10,808 square foot lease and relocated a 2,873 square foot lease at Boulders V, Richmond, VA Hankins and Anderson renewed a 37,883 square foot lease and signed a 5,812 square foot expansion lease at Overlook I, Glen Allen, VA and renewed an 8,472 square foot lease at Overlook II, Glen Allen, VAPhiladelphia CBD (90,537 SF)TransSystems Corporation renewed a 11,521 square foot lease at Three Logan Square, Philadelphia, PA Consolidated Rail Corporation renewed a 20,497 square foot lease and relocated a 10,050 square foot at Three Logan Square, Philadelphia, PA Comp Services, Inc. renewed a 34,077 square foot lease at Three Logan Square, Philadelphia, PANew Jersey / Delaware (81,916 SF)Edison Ventures renewed a 12,396 square foot lease at Princeton Pike Corporate Center #4, Lawrenceville, NJ An undisclosed tenant renewed a 23,946 square foot lease at 2000 Midlantic Drive, Mount Laurel, NJCalifornia (51,678 SF)The Prescott Companies signed a 21,731 square foot lease at La Place Court, Carlsbad, CAAbout Brandywine Realty Trust Brandywine Realty Trust is one of the largest, publicly traded, full-service, integrated real estate companies in the United States.  Organized as a real estate investment trust and operating in select markets, Brandywine owns, leases and manages an urban, town center and suburban office portfolio comprising 306 properties and 34.6 million square feet, including 231 properties and 25.1 million square feet owned on a consolidated basis and 52 properties and 6.5 million square feet in 18 unconsolidated real estate ventures as of March 31, 2012. For more information, please visit Forward-Looking StatementsCertain statements in this release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, achievements or transactions of the Company and its affiliates or industry results to be materially different from any future results, performance, achievements or transactions expressed or implied by such forward-looking statements.  Such risks, uncertainties and other factors relate to, among others, the Company's ability to lease vacant space and to renew or relet space under expiring leases at expected levels, the potential loss of major tenants, interest rate levels, the availability and terms of debt and equity financing, competition with other real estate companies for tenants and acquisitions, risks of real estate acquisitions, dispositions and developments, including cost overruns and construction delays, unanticipated operating costs and the effects of general and local economic and real estate conditions.  Additional information or factors which could impact the Company and the forward-looking statements contained herein are included in the Company's filings with the Securities and Exchange Commission, including our Form 10-K for the year ended December 31, 2011.  The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.SOURCE Brandywine Realty TrustFor further information: Marge Boccuti, Manager, Investor Relations, +1-610-832-7702,