Government-Related Niche Keeps Active as Brandywine Gets Funding for IRS Projects in Philly

May 12th, 2009

Brandywine Realty Trust is the latest firm to take advantage of the relatively stable government-related development market. Despite the continuing credit crunch and still-foundering economy that has laid low commercial property deals across the globe, Brandywine has received funding commitments of $209.3 million and $46.7 million, respectively, for a Philadelphia office rehabilitation and nearby parking garage project, both of which will be occupied by the Internal Revenue Service.


Commercial Property News - Northeast Realestate News

Entry Filed under: News

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