Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,516.27 98.74 0.68%
TOPIX 1,173.37 6.78 0.58%
HANG SENG 22,760.24 64.23 0.28%

Brandywine Realty Trust Executes 268,000 Square Foot Lease Renewal with Pepper Hamilton LLP at Two Logan Square in Philadelphia,

Brandywine Realty Trust Executes 268,000 Square Foot Lease Renewal with Pepper
             Hamilton LLP at Two Logan Square in Philadelphia, PA

PR Newswire

RADNOR, Pa., July 1, 2013

RADNOR, Pa., July 1, 2013 /PRNewswire/ -- Brandywine Realty Trust (NYSE: BDN)
announced today that it has executed a long-term lease renewal with Pepper
Hamilton LLP for approximately 268,000 square feet in Two Logan Square,
Philadelphia, Pennsylvania.  Pepper Hamilton is one of Brandywine's top three
largest tenants and, as a result of this early lease renewal, will retain all
of its existing space in Two Logan Square, which lease had been scheduled to
expire in 2015.

"We are delighted to retain Pepper Hamilton as a key tenant and maintain the
firm's longstanding presence in Two Logan Square. Pepper Hamilton's excellent
reputation and practice diversity provide significant stability to our
Philadelphia CBD portfolio," stated Gerard H. Sweeney, President and Chief
Executive Officer of Brandywine Realty Trust. "We appreciate Pepper Hamilton's
continued confidence in Brandywine as a provider for the firm's real estate

Thomas J. Cole, Jr., Managing Partner of Pepper Hamilton, said he was pleased
with the transaction. "Our Two Logan location has worked well for our clients,
attorneys and employees," Cole said. "It has also contributed to the business
vitality of Center City.  I look forward to continuing our mutually-beneficial
relationship with Brandywine."

Since purchasing Three Logan Square in August of 2010, Brandywine has executed
over 1.5 million square feet of lease transactions in the three building 2.3
million square foot Logan Square complex.  This most recent transaction, along
with several other large long-term leases, brings tremendous growth and value
to the Logan Square portfolio.

Pepper Hamilton was represented in the transaction by Greg O'Brien, Elizabeth
Cooper, Pete Talman, and David Healy of Jones Lang LaSalle. Brandywine was
represented by its Director of Leasing, Steve Rush and Leasing Representative,
Matt Croce. 

About Pepper Hamilton LLP

Pepper Hamilton LLP is a multi-practice law firm with more than 500 lawyers
nationally. The firm provides corporate, litigation and regulatory legal
services to leading businesses, governmental entities, nonprofit organizations
and individuals throughout the nation and the world. More information on
Pepper Hamilton may be obtained on their website at

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 289 properties and 33.2 million square feet, including 214
properties and 24.3 million square feet owned on a consolidated basis and 56
properties and 6.4 million square feet in 19 unconsolidated real estate
ventures all as of March 31, 2013. For more information, please visit

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,
2012.  The Company assumes no obligation to update or supplement
forward-looking statements that become untrue because of subsequent events.

SOURCE Brandywine Realty Trust

Contact: Company / Investor: Marge Boccuti, Manager, Investor Relations,
Sponsored Links
Sponsored Links