Brandywine Realty Trust Receives Green Vision Award from the PENJERDEL Council
RADNOR, Pa., Nov. 14, 2013 /PRNewswire/ -- Brandywine Realty Trust (NYSE: BDN) announced today that the Company was named recipient of The Green Vision Award presented by the PENJERDEL Council at the Council's 58th Annual Awards Luncheon last week. The PENJERDEL Council cited Brandywine's commitment to sustainability and energy efficiency with 108 buildings in its portfolio having earned the EPA's Energy Star rating.
Key goals and accomplishments of Brandywine's award-winning energy management program include:
- 17 million square feet of Brandywine's 33 million square foot portfolio are Energy Star labeled.
- 2013 Energy Star Partner of the Year award winner.
- 100% of our Philadelphia CBD and University City projects are Energy Star or LEED rated.
- Replacement of all parking lot lights in the Richmond, Virginia portfolio with high efficiency, energy saving LED fixtures.
- Electric car chargers are offered at selected California and Pennsylvania properties.
- 71% of our waste is recycled and over 83% of our cleaning products are deemed "sustainable."
- Our optional sustainable tenant improvement package enables tenants to select sustainable materials (e.g. paint, carpet, ceiling tile, adhesives, etc.) and to track and report recycling/diversion percentages for construction and demolition materials.
- We have saved over 21 million gallons of water in 2013 versus a 2010 base-line resulting in over $250,000 of annual savings.
- We won BOMA 360 awards at nine New Jersey and Pennsylvania buildings in 2013.
- We have deployed on-line energy and sustainability reporting via Envizi, Sustainability Dashboard and Trane Intelligence for diversion, purchasing, energy consumption and water consumption.
"We are honored to receive the Green Vision Award and appreciate the PENJERDEL Council's recognition of Brandywine's energy management program and accomplishments," stated Gerard H. Sweeney, President and Chief Executive Officer of Brandywine Realty Trust. "We remain committed to greater energy efficiency and sustainable operating practices."
About the PENJERDEL Council
The PENJERDEL Council, a leading business advocacy group for the tri-state region of Pennsylvania, New Jersey, and Delaware was founded over fifty years ago, by the late Thacher Longstreth while serving as head of the Philadelphia Chamber of Commerce. Mr. Longstreth envisioned an organization that would serve beyond the city limits and encompass the entire Delaware Valley. Thus was born the PENJERDEL Council. The goal of PENJERDEL has never been to compete with or run counter to the region's other community organizations but rather to supplement or support issues which affect the entire southeastern Pennsylvania, southern New Jersey and northern Delaware tri-state regions. Working through a series of seven committees (Aviation, Energy, Environmental, Ports, Real Estate Development & Land Usage, Water and Transportation), the PENJERDEL Council strives to provide an opportunity for members to receive and exchange the latest information on current political, economic and cultural developments in this tri-state region.
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, leases and manages an urban, town center and suburban office portfolio comprising 283 properties and 32.9 million square feet, including 209 properties and 24.1 million square feet owned on a consolidated basis and 54 properties and 6.2 million square feet in 18 unconsolidated real estate ventures all as of September 30, 2013. 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, including our Form 10-K for the year ended December 31, 2012. 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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