Brandywine Realty Trust Announces Five TOBY Award Recipients
RADNOR, Pa., Oct. 5, 2011 /PRNewswire/ -- Brandywine Realty Trust (NYSE: BDN) announced today that it has earned five Outstanding Building of the Year (TOBY) Awards for its 1 West Elm Street (Conshohocken, PA), 401 Plymouth Drive (Plymouth Meeting, PA), One Logan Square (Philadelphia, PA), 300 Berwyn Park (Berwyn, PA) and Radnor Financial Center (Radnor, PA) properties.
Annually, the Building Owners and Managers Association (BOMA) awards excellence in building ownership and management through its TOBY awards program. The Outstanding Building of the Year (TOBY) Awards is the most prestigious and comprehensive program of its kind in the commercial real estate industry, recognizing quality in buildings and rewarding excellence in building management. During the competitions, all facets of a building's operations are thoroughly evaluated by an independent panel. Buildings are judged on everything from community involvement and site management to environmental and "green" policies and procedures.
"We are thrilled that we were able to win these five TOBY awards against some stiff competition in the Philadelphia region," stated John Kelly, Director of Property Management for Brandywine Realty Trust. "It is an honor to be recognized by BOMA for our endeavors."
"We are also pleased that our properties continue to score well in the areas of building operations, management and sustainability as we continue to focus our efforts to deliver exceptional service to our tenants," added Guy Pierce, Director of Property Management 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, develops, manages and has ownership interests in a primarily Class A, suburban and urban office portfolio comprising 306 properties and 35.0 million square feet, including 236 properties and 25.9 million square feet owned on a consolidated basis and 50 properties and 6.1 million square feet in 16 unconsolidated real estate ventures. For more information, please visit 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
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