Brandywine Realty Trust Announces Third Quarter Leasing Activity PR Newswire RADNOR, Pa., Oct. 18, 2012 RADNOR, Pa., Oct. 18, 2012 /PRNewswire/ --Brandywine Realty Trust (NYSE: BDN) announced today that it has signed 912,983 square feet of new and renewal leases during the third quarter of 2012. "We continue to be pleased with the level of leasing activity and our regional leasing teams' ability to convert tenant interest to executed leases," stated Gerard H. Sweeney, President and Chief Executive Officer of Brandywine Realty Trust. "Including the third quarter activity, we have signed nearly 2.4 million square feet year-to-date including 538,952 square feet of new leases that will commence subsequent to the quarter." SF Signed & Total SF Signed in 3Q 2012 with Region Commenced Future Commencement Dates Total SF During 3Q'12 4Q 2012 1H 2013 2H 2013 After 2013 Signed DC 69,320 28,633 160,330 28,308 - 286,591 PA 29,480 93,152 50,906 17,102 37,528 228,168 NJ/DE 54,634 86,649 24,246 17,163 6,340 189,032 RCH 37,758 41,823 10,672 - 14,417 104,670 PHL CBD 46,726 22,443 - - - 69,169 CA - 19,088 8,395 7,870 - 35,353 Total 237,918 291,788 254,549 70,443 58,285 912,983 Lease SF Signed & Total SF Signed in 3Q 2012 with Total SF Type Commenced Future Commencement Dates Signed During 3Q'12 4Q 2012 1H 2013 2H 2013 After 2013 New 98,828 234,292 37,427 32,423 - 402,970 Renewal 139,090 57,496 217,122 38,020 58,285 510,013 Our third quarter leasing activity includes the following transactions: Metro DC (286,591 SF) oICC Constructors signed new leases for 10,386 square feet at 11700 Beltsville Drive, Beltsville, MD and 5,000 square feet at 11710 Beltsville Drive, Beltsville, MD oICC Corridor Partners renewed 13,792 square feet at 11710 Beltsville Drive, Beltsville, MD oBaum Romstedt Technology Research Corporation signed a 28,308 square foot lease at 8521 Leesburg Pike, Vienna, VA oFirst Guaranty Mortgage Corporation signed a 23,285 square foot lease at 1900 Gallows Road, Vienna, VA oNorthrop Grumman renewed a 19,572 square foot lease at 12015 Lee Jackson, Fairfax, VA oManagement Analysis, Inc. signed a 15,028 square foot lease at 1900 Gallows Road, Vienna, VA Pennsylvania Suburbs (228,168 SF) oEssent US Holdings, Inc. renewed and expanded its lease for a total of 26,874 square feet and is relocating to Two Radnor Corporate Center, Radnor, PA oCableNet Services Unlimited (Pennsylvania) LLC renewed a 16,500 square foot lease at 620 Allendale Road, King of Prussia, PA oGreen Apple Management Company, LLC signed a 15,759 square foot expansion lease at 201 King of Prussia Road, Radnor, PA oMetropolitan Life Insurance Company renewed a 14,596 square foot lease at 610 Plymouth Meeting Executive, Plymouth Meeting, PA oFleming & Van Metre Advertising renewed a 12,987 square foot lease at 630 Plymouth Meeting Executive, Plymouth Meeting, PA oPlanalytics, Inc. renewed a 12,694 square foot lease at 200 Berwyn Park, Berwyn, PA oForethought Financial Services signed a 10,331 square foot lease at 400 Berwyn Park, Berwyn, PA New Jersey / Delaware (189,032 SF) oAdmiral Insurance signed a 53,609 square foot lease at 1000 Howard Boulevard, Mount Laurel, NJ oMcCormick Taylor renewed a 25,773 square foot lease at 700 East Gate Drive, Mt Laurel, NJ oPrinceton Healthcare Systems renewed a 17,163 square foot lease at 993 Lenox Drive, Lawrenceville, NJ oUSI signed a 10,024 square foot lease at 309 Fellowship Road, Mt Laurel, NJ Richmond, Virginia (104,670 SF) oTLK Group renewed a 10,487 square foot lease and signed a 6,300 square foot expansion lease at Gateway Centre Two, Richmond, VA oBelfor USA Group renewed a 7,200 square foot lease and signed a 4,950 square foot expansion lease relocating to Dabney IV, Richmond, VA oA regional law firm signed a 10,015 square foot lease at Three Paragon Place, Richmond, VA California (35,353 SF) oExperian Marketing Solutions, Inc. signed a 16,410 square foot lease at Lake Merritt Tower, Oakland, CA About 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 295 properties and 34.0 million square feet, including 219 properties and 24.5 million square feet owned on a consolidated basis and 57 properties and 7.0 million square feet in 19 unconsolidated real estate ventures all as of September 30, 2012. For more information, please visit www.brandywinerealty.com. Forward-Looking Statements Certain 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 Trust Website: http://www.brandywinerealty.com Contact: Company / Investor Contact: Marge Boccuti, Manager, Investor Relations, +1-610-832-7702, email@example.com
Brandywine Realty Trust Announces Third Quarter Leasing Activity
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