The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from PR Newswire

Brandywine Realty Trust Announces 20 Energy Star Award Recipients

Wednesday, September 26, 2012

Brandywine Realty Trust Announces 20 Energy Star Award Recipients15:15 EDT Wednesday, September 26, 2012RADNOR, Pa., Sept. 26, 2012 /PRNewswire/ -- Brandywine Realty Trust (NYSE: BDN) announced today that it has earned twelve new 2012 U.S. Environmental Protection Agency (EPA) Energy Star awards and eight re-certifications during the third quarter.  First-time awards were achieved for The GSA 30th Street Campus (Philadelphia, PA); 910, 920, 925, and 980 Harvest Drive (Blue Bell, PA); 610 and 630 Plymouth Meeting Executive Campus (Plymouth Meeting, PA); 1200 Lenox Drive (Lawrenceville, NJ); 305 Fellowship Road (Mt. Laurel, NJ); Delaware Corporate Center I (Wilmington, DE); 7535 Windsor Drive (Allentown, PA); and 11 Campus Boulevard (Newtown Square, PA).  Re-certifications were achieved for 5 Eves Drive (Marlton, NJ); 600 Plymouth Meeting Executive Campus (Plymouth Meeting, PA); Concord Airport Plaza A (Concord, CA); Lake Merritt Tower (Oakland, CA); Two Paragon Place (Richmond, VA); 14 Campus Boulevard (Newtown Square, PA); 307 Fellowship Road (Mt. Laurel, NJ); and Christiana Corporate Campus (Newark, DE)."We are excited to reach our 2012 goal of having over 80 Energy Star-rated buildings in the portfolio," stated Brad A. Molotsky, Executive Vice President and General Counsel of Brandywine Realty Trust.  "With these twelve new 2012 Energy Star awards, we now have 82 owned or managed Energy Star-rated buildings encompassing 13.8 million square feet."About Brandywine Realty TrustBrandywine 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 305 properties and 34.5 million square feet, including 230 properties and 24.9 million square feet owned on a consolidated basis (11 of which totaling 0.5 million square feet were classified as held for sale at June 30, 2012 and were subsequently sold) and 53 properties and 6.5 million square feet in 18 unconsolidated real estate ventures all as of June 30, 2012. For more information, please visit www.brandywinerealty.com.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: Company / Investor Contact: Marge Boccuti, Manager, Investor Relations, +1-610-832-7702, marge.boccuti@bdnreit.com