Brandywine Realty Trust Announces 31 Energy Star Labels for the Third and Fourth Quarter of 2013
RADNOR, Pa., Feb. 12, 2014 /PRNewswire/ -- Brandywine Realty Trust (NYSE: BDN) announced today that it has earned 10 new 2013 U.S. Environmental Protection Agency (EPA) Energy Star awards and 21 re-certifications during the third and fourth quarters for a total of 27 new stars and 52 re-certifications for calendar year 2013.
First-time awards were achieved for 1900 Market Street (Philadelphia, PA), 6600 Rockledge Drive (Bethesda, MD), 630 Dresher Road and 500 Enterprise Road (Horsham, PA), 6990 A & B Snowdrift Road (Allentown, PA), Springhouse Corporate Center 2 (Ambler, PA), 12015 Lee Jackson Memorial Highway (Fairfax, VA), 501 Office Center Drive (Fort Washington, PA), and Plaza Ridge (Herndon, VA).
Re-certifications were achieved for 910, 920, 925 and 980 Harvest Drive (Blue Bell, PA), Concord Airport Plaza-A (Concord, CA), 700 Business Center Drive (Horsham, PA), 5 Eves Drive (Marlton, NJ), 307 Fellowship Road (Mt. Laurel, NJ), 100 Commerce Drive (Newark, DE), 14 Campus Boulevard (Newtown Square, PA), Lake Merritt Tower (Oakland, CA), One and Two Logan Square and One and Two Commerce Square (Philadelphia, PA), 401 Plymouth Road, 600, 610 & 630 Plymouth Meeting Executive Campus (Plymouth Meeting, PA), Three Paragon Place (Richmond, VA) and Delaware Corporate Center I (Wilmington, DE).
"We are excited to have exceeded our 2013 goal of having over 100 Energy Star-rated buildings in the portfolio," stated George Johnstone, Senior Vice President of Operations of Brandywine Realty Trust. "With these 10 new 2013 Energy Star awards, we now have 112 owned or managed Energy Star-rated buildings (representing over 58% of our overall inventory) encompassing nearly 19 million square feet. Our property managers and engineers continue to focus on energy consumption reduction and energy savings opportunities and we look forward to continued effort and focus during 2014 and to achieving our goal to get to over 125 Energy Star rated properties."
About Brandywine Realty Trust
Brandywine Realty Trust, a 2013 EPA Energy Star Partner of the Year award winner, 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 282 properties and 32.9 million square feet, including 204 properties and 24.8 million square feet owned on a consolidated basis and 60 properties and 5.7 million square feet in 17 unconsolidated real estate ventures all as of December 31, 2013. For more information, please visit www.brandywinerealty.com.
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