SOURCE: Brandywine Realty Trust

December 27, 2006 16:00 ET

Brandywine Leases 35,315 sq. ft. in Plymouth Meeting, PA to World Leader in Dialysis Care

PHILADELPHIA, PA -- (MARKET WIRE) -- December 27, 2006 -- Brandywine Realty Trust (NYSE: BDN) has leased 35,315 sq. ft. in its office building at 401 Plymouth Rd. in Plymouth Meeting, PA to Fresenius Medical Care. The space in the six-story class A office building will be the headquarters for the company's Northeast Business Unit.

Fresenius Medical Care is one of the world's largest providers of products and services for dialysis care. Its corporate headquarters are in Germany.

"The company was looking for a world-class office environment that also provides quick access to the greater Philadelphia metropolitan area," said Phil Schenkel, vice president and managing director of Brandywine's Northern Pennsylvania region. "Our offering in Plymouth Meeting delivered everything they were looking for."

Fresenius will join Lowe's Home Centers, Wilmington Finance and other tenants in the building, and expects to take occupancy in April. Tony Falcone of M.S. Fox Real Estate Group Inc. assisted in the transaction.

About Brandywine Realty Trust

Brandywine Realty Trust (NYSE: BDN), with headquarters in Radnor, PA, is one of the largest full-service, completely integrated real estate companies in the United States. Organized as a real estate investment trust (REIT), Brandywine owns, manages or has ownership interest in office and industrial properties aggregating 45 million square feet.

For more information, visit Brandywine's Web site at www.brandywinerealty.com.

Note: 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.

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