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Brandywine CEO Sees Office Leasing Surge - Wolf Commercial Real Estate
Summary by Wolf Commercial Real Estate | South Jersey | Philadelphia PA
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Brandywine CEO Sees Office Leasing Surge - Wolf Commercial Real Estate
Brandywine Realty Trust has 306,000 square feet of new office leases set to start in the coming months, which is the highest quarterly total of future lease commencements in nearly three years. CEO Jerry Sweeney said the surge signals improving market momentum. As of April 18, Brandywine’s core portfolio is 89% leased, while its Philadelphia properties—mostly trophy-class offices—are 96% leased, slightly above last year. The company’s strong per…
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