RADNOR, Pa., Sept. 20, 2011 /PRNewswire/ -- Brandywine Realty Trust (NYSE : BDN ) announced today that it has earned 12 new U.S. Environmental Protection Agency (EPA) Energy Star labels and one re-certification for 13 different projects: 1000 First Avenue, 1060 First Avenue, 500 North Gulph Road, 610 Freedom Business Center and 640 Freedom Business Center (King of Prussia, PA); 101 West Elm Street (Conshohocken, PA); 2000 Lennox Drive (Lawrenceville, NJ); 307 Fellowship Road and 309 Fellowship Road (Mt. Laurel, NJ); 8521 Leesburg Pike (Vienna, VA); Peter Jefferson Place II (Charlottesville, VA); and 1676 International Drive (McLean, VA) all earned first time 2011 awards. Additionally, 11720 Beltsville Drive (Calverton III, Beltsville, MD) earned a recertification 2011 award.
All of these projects bring Brandywine's total number of Energy Star-rated owned and managed buildings to 52, totaling over 9 million square feet. Along with the 13 total buildings announced in the first and second quarters of 2011, these 13 additional projects represent achievement of the Company's stated goal of obtaining Energy Star ratings for over forty percent (40%) of eligible Energy Star inventory.
"We are thrilled to add these 13 projects to our complement of Energy Star-rated buildings in our portfolio," stated Brad A. Molotsky, Executive Vice President and General Counsel for Brandywine Realty Trust. "We have now created energy-efficient campuses at several sites, and all eligible Philadelphia central business district (CBD) properties have achieved Energy Star ratings. We will continue to work towards improving our energy performance across all Brandywine properties to further exceed our goal."
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, develops, manages and has ownership interests in a primarily Class A, suburban and urban office portfolio comprising 308 properties and 35.6 million square feet, including 236 properties and 25.9 million square feet owned on a consolidated basis and 50 properties and 6.1 million square feet in 16 unconsolidated real estate ventures. 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. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
SOURCE Brandywine Realty Trust