Oct. 20, 2009 (PR Newswire) -- RADNOR, Pa., Oct. 20 /PRNewswire-FirstCall/ -- Brandywine Realty Trust (NYSE: BDN) announced today that it has signed 724,520 square feet of new and renewal leases during the third quarter of 2009, including 258,758 square feet of leasing activity that commenced during the third quarter of 2009.
"We remain pleased with the high level of leasing activity throughout our portfolio," stated Gerard H. Sweeney, President and Chief Executive Officer of Brandywine Realty Trust. "Our ability to generate and execute significant leasing activity is a testament to the strength of our leasing and management teams."
Total SF Signed with Future
SF Signed & Commencement Dates
Commenced Beyond Total SF
Region During 3Q09 4Q09 2010 2010 Signed
PA 89,062 142,116 61,531 52,078 344,787
NJ/DE 74,385 78,899 24,527 0 177,811
DC 9,831 32,629 37,792 1,486 81,738
RCH 56,530 10,688 4,955 0 72,173
CA 25,806 0 5,544 0 31,350
AUS 3,144 0 13,517 0 16,661
Total 258,758 264,332 147,866 53,564 724,520
Leasing highlights include the following transactions:
Pennsylvania (344,787 SF)
Major leases include:
-- Willis of PA renewed a 43,972 square foot lease and signed a 5,104
square foot lease expansion at Five Radnor Corporate Center, Radnor
-- Allen-Sherman-Hoff signed a new 36,019 square foot lease at 457 Creamery
Way, Exton
-- Binswanger renewed a 29,346 square foot lease at Two Logan Square,
Philadelphia
-- Mitts Milavec renewed a 27,048 square foot lease at Two Logan Square,
Philadelphia
-- Regus/HQ renewed a 23,370 square foot lease at 630 Freedom Business
Center, King of Prussia
-- Octo Waterfront Grille signed a new 16,000 square foot lease at Pier 13,
Philadelphia
-- Planalytics, Inc.