Brandywine Realty Trust Announces 1.4 Million Square Feet of Leasing Activity

RADNOR, Pa., July 19, 2011 /PRNewswire/ -- Brandywine Realty Trust (NYSE: BDN) announced today that it has signed 1.4 million square feet in new and renewed leases during the second quarter of 2011, including more than 278,000 square feet of leasing activity commencing through June 30, 2011.

"Generating additional leasing activity during this time of market recovery has been the primary objective of our regional leasing teams," stated Gerard H. Sweeney, President and Chief Executive Officer of Brandywine Realty Trust.  "As such, we are delighted that we have signed over one million square feet of leases in each of the last three quarters."

Leasing Highlights include the following transactions:

Pennsylvania (372,146 SF)

Major leases include:

• Federal Express renewed a 104,500 square foot lease at 442 Creamery Way, Exton, PA
• LarsonAllen LLP signed a 28,880 square foot lease at 610 Plymouth Meeting Executive, Plymouth Meeting, PA
• Pepper Hamilton LLP renewed a 27,326 square foot lease at 400 Berwyn Park, Berwyn, PA
• New Penn Financial, LLC renewed a 24,625 square foot lease at Metroplex, Plymouth Meeting, PA
• CableNet Services, Inc. signed a 16,500 square foot lease at 620 Allendale Road, King Of Prussia, PA
• NeXeption Therapeutics, Inc. signed a 12,082 square foot lease at Valleybrooke III, Malvern, PA

New Jersey / Delaware (281,124 SF)

Major leases include:

• Richards Layton & Finger renewed a 114,612 square foot lease at One Rodney Square, Wilmington, DE
• QAD Inc. renewed a 35,048 square foot lease at 10000 Midlantic Drive, Mount Laurel, NJ
• Samaritan Healthcare & Hospice renewed a 17,883 square foot lease at 5 Eves Drive, Marlton, NJ

Richmond, Virginia (254,727 SF)

Major leases include:

• HSS, d/b/a Parallon Business Solutions, signed an 88,729 square foot renewal and 31,536 square foot expansion lease at Boulders VIII, Richmond, VA, and signed a 19,038 square foot expansion lease at Boulders VII, Richmond, VA
• Selective Insurance signed a 25,558 square foot renewal and 4,555 square foot expansion lease at Boulders VI, Richmond, VA
• Health Risk Partners, a division of Verisk Health, renewed a 15,151 square foot lease and signed a 8,073 square foot expansion lease at Two Paragon Place, Richmond, VA
• K-2 Trophies and Awards, LLC renewed an 18,000 square foot lease at Dabney XI, Richmond, VA

Austin, Texas (210,427 SF)

Major leases include:

• Lifesize, a division of Logitech, signed a 72,824 square foot renewal and 26,200 square foot expansion lease at Two Barton Skyway, Austin, TX
• Open Text, Inc. renewed a 31,672 square foot lease at Four Barton Skyway, Austin, TX
• American Physicians Insurance Company signed a 23,437 square foot lease at Three Barton Skyway, Austin, TX
• Humana Health Plan of Texas, Inc. renewed a 20,487 square foot lease at Three Barton Skyway, Austin, TX
• Innography, Inc. signed a 12,656 square foot lease and 2,087 square foot expansion lease at Three Barton Skyway, Austin, TX

Metro DC (188,939 SF)

Major leases include:

• Gate Gourmet, Inc. signed a 67,599 square foot lease at 1880 Campus Commons Drive, Reston, VA
• Sotera Defense Solutions, Inc. signed a 35,503 square foot lease at 2121 Cooperative Way, Herndon, VA
• Capital Financial Group signed a 32,529 square foot lease at 6600 Rockledge Drive, Bethesda, MD
• American Industrial Hygiene Association signed a 16,069 square foot lease at 3141 Fairview Park Drive, Falls Church, VA
• Karp Frosch, Lapidus, Wigodsky & Norwind signed a 10,780 square foot lease at 2273 Research Boulevard, Rockville, MD

California (42,755 SF)

Major leases include:

• NAVTEQ signed a 12,401 square foot lease at Carlsbad Airport Plaza, Carlsbad, CA

Philadelphia CBD (42,416 SF)

Major leases include:

• Navigant Consulting, Inc. renewed a 15,410 square foot lease at Three Logan Square, Philadelphia, PA

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 35.5 million square feet, including 235 properties and 25.7 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.

Forward-Looking Statements

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