Brandywine Realty Trust Completes Sale Of Herndon, VA Office Building

Brandywine Realty Q2 FFO Rises - Quick Facts

Brandywine Realty Trust Reports Pricing Of Upsized Public Offering Of Shares

Brandywine To Offer 10 Mln Common Shares Through An Underwritten Public Offering

Trade BDN now with

3/22/2012 3:22 PM ET

Brandywine Realty Trust (BDN: Quote) announced the completion of the sale of a 268,240 square foot office building located in Herndon, Virginia for $91.1 million or $340 per square foot.

Brandywine completed the development of this property known as South Lake at Dulles Corner in November 2008 and subsequently leased the entire building to Time Warner Cable Inc. The net sale proceeds after customary pro-rations and closing costs will be used by Brandywine for general corporate purposes.

Click here to receive FREE breaking news email alerts for Brandywine Realty Trust and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

<<Previous 40 Articles

Editors Pick

Upbeat Economic Data Contributes To Rally On Wall Street - U.S. Commentary

Stocks moved sharply higher over the course of the trading day on Friday, more than offsetting the weakness seen on Thursday. In a reversal from the previous session, the markets benefited from some upbeat U.S. economic data as well as comments from a Federal Reserve official. The major averages saw further upside going into the close, with the Dow and the S&P 500 reaching new record highs.

PETA: IRS Targeting Neither New Nor Limited To Conservative Causes

As the IRS targeting scandal continues to make headlines, animal-protection charity People for the Ethical Treatment of Animals, or PETA, claims that conservative groups are not the only ones that have faced increased scrutiny from the agency.

Polls Shows Below Average Interest In IRS, Benghazi Stories

While the IRS targeting scandal has taken center stage on Capitol Hill on Friday, the results of a new Gallup poll showed that the American public's interest in the story is comparatively low based on historical measures. The poll showed that 54 percent of Americans are following the news that the IRS targeted conservative groups for greater scrutiny "very" or "somewhat" closely.