Brandywine Realty Trust Executes 334,300 Square Foot Lease Renewal with Wells Fargo Bank at Concord Airport Plaza

by Property Management on May 4, 2010

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Real Estate Company Brandy Wine Realty

Real Estate Company Brandy Wine Realty

RADNOR, Pa., April 21  — Brandywine Realty Trust announced today that it has executed a seven year lease renewal with Wells Fargo Bank, N.A. for 334,300 square feet in Concord Airport Plaza, a two building office complex in Concord, California.  Wells Fargo Bank will occupy all of the 1220 Concord Avenue building and the majority of the 1200 Concord Avenue building.

“We are very pleased to renew our lease with Wells Fargo Bank at Concord Airport Plaza and maintain their longstanding presence in this project. Having a tenant with the strength and stability of Wells Fargo in our Northern California portfolio is a real benefit to Brandywine,” stated Bob Wiberg, Executive Vice President and Senior Managing Director of Brandywine Realty Trust. “We appreciate Wells Fargo Bank’s commitment to Concord Airport Plaza and Brandywine as a provider for their real estate needs.”

Wells Fargo Bank was represented in the transaction by Whiff Collins of MCC Realty Group.  Brandywine was represented by its Director of Leasing, Mike Keely.

About Wells Fargo & Company

Wells Fargo & Company is a diversified financial services company with $1.2 trillion in assets, providing banking, insurance, investments, mortgage and consumer finance through more than 10,000 stores and 12,000 ATMs and the internet (wellsfargo.com) across North America and internationally. More information on Wells Fargo Bank, N.A. may be obtained on their website at www.wellsfargo.com.

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.  As of March 31, 2010, Brandywine owned, managed, or had an ownership interest in 343 office and industrial properties, aggregating approximately 34.7 million square feet, including 25.1 million square feet owned on a consolidated basis.  For more information, visit our website at www.brandywinerealty.com.

Source: Brandywine Realty Trust

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