BRANDYWINE REALTY TRUST: completed sale of 3151 Market Street for $240,000,000

What happened

• Brandywine Realty Trust filed an 8-K reporting that it completed the disposition of its interest in a 441,000 square foot office building at 3151 Market Street in Philadelphia, Pennsylvania to an unrelated third party on Sep 30, 2026. The sale price was $240,000,000 and net proceeds were approximately $233,700,000. The Company repaid $60,200,000 related to the retirement of its $57,300,000 Commercial Property Assessed Clean Energy Loan that encumbered the property.

Key details

• Agreement of Sale entered on Aug 31, 2026; disposition completed on Sep 30, 2026.
• Property size: 441,000 square feet; includes one level of below-grade parking with 70 parking spaces.
• Sales price: $240,000,000; net proceeds: approximately $233,700,000.
• $60,200,000 repaid in connection with retirement of a $57,300,000 Commercial Property Assessed Clean Energy Loan.

Why it may matter

• The filing reports Item 2.01 (completion of acquisition or disposition of assets), which covers the completed sale of the property. This filing does not show why the insider traded or why the company acted.