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Brandywine Sells More Properties in Texas and PA

RADNOR, PA—Brandywine Realty Trust, continuing with its previously announced strategy of selling non-core properties, says it sold a 137-room hotel in Conshohocken, PA, not far from its corporate headquarters in Radnor, and two office properties in Austin, TX.

By Steve Lubetkin | Updated on January 05, 2016

RADNOR, PA—Brandywine Realty Trust, continuing with its previously announced strategy of selling non-core properties, says it sold a 137-room hotel in Conshohocken, PA, not far from its corporate headquarters in Radnor, and two office properties in Austin, TX.

Last month, in separate transactions, as reported by GlobeSt.com, Brandywine announced the sale of Cira Square, its redevelopment of the former main US Post Office building in Philadelphia, to Korean Investment Management Co., a Korean property investment firm, the refinancing of One Commerce Square in Philadelphia, and the sale of six office properties in nearby Mount Laurel, NJ.

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