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Brandywine Realty Trust Generates $137 Million of Asset Sales as Part of Strategic Disposition Program
BDNBrandywine Realty Trust(BDN) GlobeNewswire·2024-12-24 14:06

Year-to-Date Gross Proceeds Approach $310 MillionPHILADELPHIA, Dec. 24, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE: BDN) today announced the completion of two significant sales within our joint venture portfolio: 4040 Wilson, a mixed-use development in Arlington, VA, and the Dabney and Brittons Hill portfolio in Richmond, VA. These transactions yielded combined gross sale proceeds of $265.8 million, advancing Brandywine’s strategic objectives to improve its competitive position, reduce forward c ...