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Brandywine Signs 200,000 SF in Leases

MT. LAUREL, NJ-The latest new leases and renewals represent close to 4% of the company's 5.5 million sf of space in the Garden State.

By Eric Peterson | Updated on October 18, 2001

MT. LAUREL, NJ-The New Jersey region of Brandywine Realty Trust recently signed lease transactions totaling approximately 200,000 sf, according to company senior vice president George Sowa. The firm is based in Newtown Square, PA, and besides its office in Mt. Laurel, NJ, has additional regional offices in King of Prussia, PA and Richmond, VA.

Brandywine currently owns and manages 21 million sf of office and industrial space, of which about 5.5 million sf is in New Jersey. Altogether, the recent leasing activity represents just under 4% of the firm’s space in the Garden State. “We’re experiencing continued steady activity throughout our portfolio,” according to Sowa.

In the largest of the recent leases, Automotive Rentals, Inc. signed on for 67,000 sf of headquarters space at 9000 Midlantic Drive at Laurel Corporate Center, Mt. Laurel. ARI occupies all of the three-story asset. ARI also renewed its 23,000-sf lease at 1000 Midlantic Drive. Kathleen Sweeney was Brandywine’s in-house leasing rep for both transactions.

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