Brandywine Realty Trust Announces 14 Energy Star Award Recipients
RADNOR, Pa., May 1, 2012 /PRNewswire/ -- Brandywine Realty Trust (NYSE: BDN) announced today that it has earned ten new 2012 U.S. Environmental Protection Agency (EPA) Energy Star labels and four re-certifications for 14 different projects during the first quarter: 11781 Lee Jackson (Fairfax, VA), 100 Berwyn Park (Berwyn, PA), One, Two, Three and Five Radnor Corporate Center (Radnor, PA), Croton Road Corporate Center (King of Prussia, PA), 457 Haddonfield Road (Cherry Hill, NJ), 4000 Chemical Road (Plymouth Meeting, PA) and 18 Campus Boulevard (Newtown Square, PA) all earned first-time 2012 awards. Additionally, Arboretum V (Richmond, VA), Two Paragon (Richmond, VA), 309 Fellowship Road (Mt. Laurel, NJ), Cira Centre (Philadelphia, PA) each earned a 2012 re-certification award.
All of these projects bring Brandywine's total number of Energy Star-rated owned and managed buildings to 72, representing over 13.4 million square feet.
"We are excited about adding these ten new 2012 Energy Star projects to our complement of 62 existing Energy Star-rated buildings in our portfolio and look forward to continued additional successes throughout the calendar year," stated Brad A. Molotsky, Executive Vice President and General Counsel for Brandywine Realty Trust.
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, leases and manages an urban, town center and suburban office portfolio comprising 306 properties and 34.6 million square feet, including 231 properties and 25.1 million square feet owned on a consolidated basis and 53 properties and 6.5 million square feet in 18 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, including our Form 10-K for the year ended December 31, 2011. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
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