Brandywine Realty Trust Announces Over 840,000 Square Feet of Leasing Activity

RADNOR, Pa., July 26 /PRNewswire-FirstCall/ -- Brandywine Realty Trust (NYSE: BDN) announced today that it has signed over 840,000 square feet in new and renewed leases during the second quarter of 2010, including more than 590,000 square feet of leasing activity commencing through June 30, 2010.

"We continue to be pleased with the level of leasing activity throughout the portfolio and our regional leasing team's ability to convert this activity to executed leases," stated Gerard H. Sweeney, President and Chief Executive Officer of Brandywine Realty Trust.  "This quarter's activity, especially in New Jersey and Delaware will help us meet our business plan objectives."

Leasing Highlights include the following transactions:

New Jersey / Delaware (344,873 SF)

Major leases include:

• Conrail renewed a 43,891 square foot lease at 1000 Howard Boulevard, Mount Laurel, NJ
• Parsons Brinckerhoff signed a new 43,509 square foot lease at 2000 Lenox Drive, Lawrenceville, NJ
• Morgan Stanley signed a new 24,947 square foot lease at Delaware Corporate Center II, Wilmington, DE
• Ono Pharma USA extended its 15,114 square foot lease and expanded by an additional 5,554 square feet at 2000 Lenox Drive, Lawrenceville, NJ
• Sirius XM Satellite Radio renewed a 20,009 square foot lease at 989 Lenox Drive, Lawrenceville, NJ
• GEICO renewed an 18,093 square foot lease at 8000 Lincoln Drive, Marlton, NJ

Pennsylvania (262,059 SF)

Major leases include:

• Lockheed Martin renewed a 56,034 square foot lease at 640 Allendale Road, King of Prussia
• Milestone Partners signed a new 12,517 square foot lease at 555 East Lancaster Avenue, Radnor
• Continental Bank renewed a 12,280 square foot lease at 620 Plymouth Meeting Executive Campus, Plymouth Meeting
• United Phosphorus signed a new 11,978 square foot lease at 630 Freedom Business Center, King of Prussia
• Sundance Vacations renewed a 10,088 square foot lease at 620 Allendale Road, King of Prussia

Richmond, Virginia (87,114 SF)

Major leases include:

• An undisclosed company renewed a 14,143 square foot lease and signed an expansion lease of 9,435 square feet at Boulders IV
• Capital Medical Supply signed a new 10,001 square foot lease at Dabney X

California (74,788 SF)

Major leases include:

• AP Technology signed a new 14,576 square foot lease at Pacific View Plaza, Carlsbad
• NRG Energy signed a new 11,489 square foot lease at Pacific Ridge Corporate Center, Carlsbad
• Ericksen Arbuthnot signed a new 9,636 square foot lease at Lake Merritt Tower, Oakland

Metro DC (61,816 SF)

Major leases include:

• Multiplan Corporation signed a new 29,442 square foot lease at 2273 Research Boulevard, Rockville, MD

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 319 properties and 33.4 million square feet, including 239 properties and 25.0 million square feet owned on a consolidated basis.  For more information, please visit our website at 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