Brandywine Realty Trust Earns 48 Energy Star Awards and Now Has 101 Energy Star-rated Properties Overall
RADNOR, Pa., Aug. 22, 2013 /PRNewswire/ -- Brandywine Realty Trust (NYSE: BDN) announced today that it has earned 17 new 2013 U.S. Environmental Protection Agency (EPA) Energy Star awards and 31 re-certifications during the first six months of 2013.
First-time awards were achieved for 9000 Midlantic Drive, 700 and 701 East Gate Drive, 303 Fellowship Drive, and the Bishops Gate Corporate Center (Mount Laurel, NJ), 300 Delaware Avenue (Wilmington, DE), 8260 Greensboro Drive (McLean, VA), Southpoint II and Southpoint III (Berwyn, PA), 565, 575 and 595 East Swedesford Road (King of Prussia, PA), 620 Plymouth Meeting Executive Campus (Plymouth Meeting, PA), 800 Business Center Drive (Horsham, PA), 2291 Wood Oak Drive (Herndon, VA), One Paragon Place (Richmond, VA) and Camino West Corporate Park (Carlsbad, CA).
Re-certifications were achieved for Cira Centre and GSA Philadelphia Campus (Philadelphia, PA), One, Two, Three and Five Radnor Corporate Center (Radnor, PA), 7535 Windsor Drive (Allentown, PA), Maschellmac I and IV, Croton Road Corporate Center, 610 and 640 Freedom Business, 500 North Gulph Road, and 620 and 630 Freedom Business Center (King of Prussia, PA), 17 Campus Boulevard (Newtown Square, PA), 100 Berwyn Park and Southpoint I (Berwyn, PA), Metroplex Complex (Plymouth Meeting, PA), 220 Commerce Drive (Fort Washington, PA), Mount Laurel Corporate Park and 305 and 309 Fellowship Road (Mount Laurel, NJ), Libertyview (Cherry Hill, NJ), Calverton II (Beltsville, MD), 1676 International Drive (McLean, VA), 2411 Dulles Corner Park and Herndon Metro Plaza I (Herndon, VA), Oakwood Office Park (Fairfax, VA), 2 Paragon Place (Richmond, VA), and Plaza 1900 (Vienna, VA).
"We are excited to exceed our 2013 goal of achieving 100 Energy Star-rated buildings in the portfolio," stated George Johnstone, Senior Vice President of Operations of Brandywine Realty Trust. "With these 17 new 2013 Energy Star awards, we now have 101 owned or managed Energy Star-rated buildings encompassing over 15.2 million square feet, or over 50% of our total inventory. Our property managers and engineers continue to focus on energy consumption reduction and energy savings opportunities and Energy Star allows us to quickly see where effort and behavior change can indeed make a difference."
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 283 properties and 32.9 million square feet, including 210 properties and 24.2 million square feet owned on a consolidated basis and 54 properties and 6.2 million square feet in 17 unconsolidated real estate ventures all as of June 30, 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