Trisha Shetty (Editor)

Brandywine Realty Trust

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Type
  
Founded
  
1986

Revenue
  
570 million USD (2010)

Traded as
  
NYSE: BDN

Net income
  
US$-17.1M (FY 2010)

Subsidiaries
  
e Tenants LLC

Industry
  
Real Estate Investment TrustReal Estate DevelopmentProperty Management

Key people
  
Gerard H Sweeney (CEO)num_employees =

Stock price
  
BDN (NYSE) US$ 16.51 -0.27 (-1.61%)2 Mar, 12:11 PM GMT-5 - Disclaimer

Headquarters
  
Radnor, Pennsylvania, United States

CEO
  
Gerard H Sweeney (8 Aug 1994–)

Profiles

Brandywine realty trust focused on tools for sustainability success


Brandywine Realty Trust is a real estate investment trust (REIT) in the United States that buys, sells, leases and manages about 225 commercial properties, up to 25 industrial parcels of land, mixed-use property, and more than 200 acres (0.81 km2) of undeveloped parcels. They also offer construction and development services to other property owners. Founded in 1986, the company is headquartered in Radnor, Pennsylvania, and maintains regional offices in Pennsylvania, Metro DC, New Jersey, Richmond, Delaware, Texas, Northern California, and Southern California.

Contents

In 2006, Brandywine bought Prentiss Properties Trust for $3.3 billion, more than doubling its holdings. In November 2005, Brandywine opened the Cira Centre (designed by César Pelli) next to Philadelphia's 30th Street Station, on land leased from Amtrak. The second phase of the Cira Centre project, the $252 million rehabilitation of Philadelphia’s 30th Street Post Office, was completed in August 2010 and will serve as the new home of the IRS in Philadelphia. The third phase of the project, Cira Centre South, is to be completed in 2012. During 2010, Brandywine increased its holdings in Center City, Philadelphia by acquiring the Bell Atlantic Tower, a 53-story pink-tinged office tower that has been rebranded as Three Logan Square, and by becoming minority owners of Commerce Square, two 41-story office towers on Market Street, along with Thomas Properties Group.

Ceo spotlight jerry sweeney brandywine realty trust


References

Brandywine Realty Trust Wikipedia


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