Brandywine Realty Trust Announces Another Twenty Energy Star Labels for Fourth Quarter 2012
RADNOR, Pa., Jan. 22, 2013 /PRNewswire/ -- Brandywine Realty Trust (NYSE: BDN) announced today that it has earned four new 2012 U.S. Environmental Protection Agency (EPA) Energy Star awards and sixteen re-certifications during the fourth quarter.
First-time awards were achieved for 700 and 755 Business Center Drive (Horsham, PA) and 1025 Boulders Parkway and 7325 Beaufort Springs Parkway in the Boulders complex (Richmond, VA).
Re-certifications were achieved for 11720 Beltsville Drive (Beltsville, MD); 7101 Wisconsin Avenue (Bethesda, MD); 2275 Research Boulevard (Rockville, MD); 2000 Lennox Drive (Lawrenceville, NJ); 200, 300 and 400 Berwyn Park (Berwyn, PA); 101 West Elm Street (Conshohocken, PA); 130 N. 18th Street – Two Logan Square, 1717 Arch Street – Three Logan Square, and 100 N. 18th Street – One Logan Square (Philadelphia, PA); 401 Plymouth Road (Plymouth Meeting, PA); 3130 and 3141 Fairview Park Drive (Falls Church, VA) and 2355 Dulles Corner Boulevard (Herndon, VA).
"We are excited to exceed our 2012 goal of having over 80 Energy Star-rated buildings in the portfolio," stated George Johnstone, Senior Vice President of Operations of Brandywine Realty Trust. "With these four new 2012 Energy Star awards, we now have 86 owned or managed Energy Star-rated buildings encompassing over 13.6 million square feet, over 40% of our overall inventory."
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.
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