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Brandywine Realty Trust Announces Third Quarter Leasing Activity

       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, marge.boccuti@bdnreit.com
 
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