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.
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by RTT Staff Writer
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