Brandywine Realty Trust Names Thomas E. Wirth Executive Vice President, Portfolio Management
18 November 2009 - 1:56AM
PR Newswire (US)
RADNOR, Pa., Nov. 17 /PRNewswire-FirstCall/ -- Brandywine Realty
Trust (NYSE:BDN) announced today that it has named Thomas E. Wirth
Executive Vice President, Portfolio Management. Mr. Wirth will be
responsible for directing Brandywine's portfolio management
activities, including working with our regional and corporate
executive team to formulate capital allocation tactics for the
company's existing portfolio. In this role, Mr. Wirth will also
assist in the company's capital raising initiatives, including
joint venture evaluation, and transaction structuring.
Additionally, Mr. Wirth will spearhead Brandywine's relationship
management and investment committee activities. Mr. Wirth joins
Brandywine Realty Trust from Feldman Mall Properties, where he most
recently served as President. From 1997 to 2004, he served as the
Vice President of Finance, and later, Chief Financial Officer, of
SL Green, a publicly held office REIT. Mr. Wirth will join
Brandywine effective December 7. "We are delighted to welcome Tom
to our Brandywine executive team," said Gerard H. Sweeney,
President and Chief Executive Officer. "His strong financial,
capital markets and operational experience will enable him to
effectively contribute to the successful execution of our portfolio
management initiatives and capital raising activities." About
Brandywine Realty Trust Brandywine Realty Trust is one of the
largest, publicly traded, full-service, integrated real estate
companies in the United States. Organized as a real estate
investment trust and operating in select markets, Brandywine owns,
develops and manages a primarily Class A, suburban and urban office
portfolio aggregating approximately 36.1 million square feet,
including 25.6 million square feet which it owns on a consolidated
basis. For more information, visit our website at
http://www.brandywinerealty.com/. Forward-Looking Statements
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. DATASOURCE: Brandywine
Realty Trust CONTACT: Investor/Press Contact: Marge Boccuti,
Manager, Investor Relations, +1-610-832-7702, or Company Contact:
Howard M. Sipzner, EVP & CFO, +1-610-832-4907, , both of
Brandywine Realty Trust Web Site: http://www.brandywinerealty.com/
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