Brandywine Realty Trust
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Brandywine Realty Trust (NYSE: BDN) is a real estate development trust (REIT) in the United States that buys, sells, leases and manages approximately 225 commercial properties, no more than 25 industrial parcels of land, mixed-use property, and over 200 acres of undeveloped parcels. They also offer contstruction and development services to other property owners. It operates in the Mid-Atlantic states region (mostly in the greater Philadelphia metropolitan area), as well as the Midwest, California, and Texas. The company was founded in 1985 in Plymouth Meeting, Pennsylvania, and is currently located in Radnor.
In 2006, Brandywine bought out Prentiss Properties Trust for $3.3 billion, more than doubling its holdings. In 2004-2005, they recently built the Cira Centre (designed by César Pelli) next to Philadelphia's 30th Street Station, on land leased from Amtrak. Chase Manhattan Mortgage Company and Liberty Mutual Insurance Company are among its greater metropolitan Philadelphia area lessees.
[edit] External links
- Hoover's fact sheet
- Yahoo! Finance profile
- excerpts from article Goliath article listing
