Brandywine Realty Trust Executes 334,300 Square Foot Lease Renewal with Wells Fargo Bank at Concord Airport Plaza

RADNOR, Pa., April 21 /PRNewswire-FirstCall/ -- Brandywine Realty Trust (NYSE: BDN) announced today that it has executed a seven year lease renewal with Wells Fargo Bank, N.A. for 334,300 square feet in Concord Airport Plaza, a two building office complex in Concord, California.  Wells Fargo Bank will occupy all of the 1220 Concord Avenue building and the majority of the 1200 Concord Avenue building.

"We are very pleased to renew our lease with Wells Fargo Bank at Concord Airport Plaza and maintain their longstanding presence in this project. Having a tenant with the strength and stability of Wells Fargo in our Northern California portfolio is a real benefit to Brandywine," stated Bob Wiberg, Executive Vice President and Senior Managing Director of Brandywine Realty Trust. "We appreciate Wells Fargo Bank's commitment to Concord Airport Plaza and Brandywine as a provider for their real estate needs."

Wells Fargo Bank was represented in the transaction by Whiff Collins of MCC Realty Group.  Brandywine was represented by its Director of Leasing, Mike Keely.  

About Wells Fargo & Company

Wells Fargo & Company is a diversified financial services company with $1.2 trillion in assets, providing banking, insurance, investments, mortgage and consumer finance through more than 10,000 stores and 12,000 ATMs and the internet (wellsfargo.com) across North America and internationally. More information on Wells Fargo Bank, N.A. may be obtained on their website at www.wellsfargo.com.

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, develops and manages a primarily Class A, suburban and urban office portfolio.  As of March 31, 2010, Brandywine owned, managed, or had an ownership interest in 343 office and industrial properties, aggregating approximately 34.7 million square feet, including 25.1 million square feet owned on a consolidated basis.  For more information, visit our website at www.brandywinerealty.com.

Forward-Looking Statements

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.  The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

SOURCE Brandywine Realty Trust