Brandywine Realty Trust Announces Over 944,000 Square Feet of Leasing Activity

RADNOR, Pa., Oct. 20, 2011 /PRNewswire/ -- Brandywine Realty Trust (NYSE: BDN) announced today that it has signed over 944,000 square feet in new and renewed leases during the third quarter of 2011, including more than 125,000 square feet of leasing activity commencing through September 30, 2011.

"Leasing production remains the primary focus of our regional leasing teams," stated Gerard H. Sweeney, President and Chief Executive Officer of Brandywine Realty Trust.  "We are pleased with our solid progress during the third quarter which will ensure we meet our business plan objectives."

Leasing Highlights include the following transactions:

Metro DC (243,315 SF)

Major leases include:

• ManTech International Corporation signed a 109,736 square foot lease at Plaza Ridge I, Herndon, VA (as previously announced on July 26, 2011)
• Lessard Design Inc. signed a 22,079 square foot lease at 8521 Leesburg Pike, Vienna, VA
• Metro Office signed a 19,203 square foot lease at 2201 Cooperative Way, Herndon, VA
• BMC Software, Inc. signed a 13,822 square foot lease and relocated to 2201 Cooperative Way, Herndon, VA
• Dynamic Animation Systems, Inc. renewed a 10,539 square foot lease at 12015 Lee Jackson, Fairfax, VA
• Convergenz, LLC renewed a 7,684 square foot lease, and signed a 2,420 square foot expansion lease at 8260 Greensboro Drive, McLean, VA

Pennsylvania (222,009 SF)

Major leases include:

• Main Line Health, Inc. renewed a 27,761 square foot lease at Southpoint II, Berwyn, PA
• Kistler-Tiffany Benefits Company renewed a 20,054 square foot lease, and signed a 1,769 square foot expansion lease at 400 Berwyn Park, Berwyn, PA
• Factory Mutual Insurance Company renewed a 18,265 square foot lease at Valleybrooke III, Malvern, PA
• The Pennsylvania Trust Company renewed a 14,220 square foot lease, and signed a 2,280 square foot expansion lease at Five Radnor Corporate Center, Radnor, PA

Philadelphia CBD (188,225 SF)

Major leases include:

• Janney Montgomery Scott signed a 146,321 square foot lease at Three Logan Square, Philadelphia, PA (as previously announced on July 26, 2011)
• Logan Circle Partners, L.P. renewed a 20,903 square foot lease at Three Logan Square, Philadelphia, PA

New Jersey / Delaware (157,810 SF)

Major leases include:

• Dilworth Paxson LLP renewed a 11,862 square foot lease, and signed a 5,495 square foot expansion lease at Libertyview, Cherry Hill, NJ
• Foundations, Inc. signed a 16,696 square foot lease at 701 East Gate Drive, Mount Laurel, NJ
• Celsion Corporation signed a 10,870 square foot lease at Princeton Pike Corporate Center #3, Lawrenceville, NJ
• An undisclosed tenant renewed a 10,135 square foot lease at 701 East Gate Drive, Mount Laurel, NJ and renewed a 7,542 square foot lease at 161 Gaither Drive, Mount Laurel, NJ

Austin, Texas (84,399 SF)

Major leases include:

• WhiteGlove Health, Inc. signed a 25,001 square foot lease at Two Barton Skyway, Austin, TX
• Popp, Gray & Hutcheson, LLP renewed a 10,278 square foot lease, and signed a 6,900 square foot expansion lease at Four Barton Skyway, Austin, TX

Richmond, Virginia (48,706 SF)

Major leases include:

• Bon Secours Richmond Health System renewed a 12,218 square foot lease at Arboretum V, Richmond, VA
• University of Richmond renewed a 5,647 square foot lease, and signed a 5,930 square foot expansion lease at Two Paragon Place, Richmond, VA

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 311 properties and 35.5 million square feet, including 237 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.

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