NAIOP, the Commercial Real Estate Development Association, has selected Brandywine Realty Trust as the 2014 Developer of the Year – the association’s highest honor.
Headquartered in Radnor, Pennsylvania, Brandywine is a full-service commercial real estate services firm structured as a real estate investment trust that owns, leases and manages 283 properties and over 33 million square feet throughout Philadelphia; Washington, D.C.; Austin, Texas; Northern and Southern California; Richmond, Virginia; New Jersey and Delaware.
“Every day, Brandywine looks for ways to improve our portfolio, expand our environmentally-friendly footprint and help generate positive economic changes through innovative development practices and strategic partnerships so that everyone benefits,” said Gerard H. Sweeney, President and CEO, Brandywine Realty Trust.
Currently working on more than $600 million in new development and construction, Brandywine has strategically expanded its portfolio into transit-oriented locations as well as in multifamily, student housing and retail sectors while achieving nearly $5 billion in capitalization and managing a capital recycling program resulting in almost $350 million of non-core dispositions in 2013.
The 2014 Developer of the Year award will be presented on Tuesday, October 28, at NAIOP’s Development ’14: The Meeting for Commercial Real Estate in Denver, Colorado
