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Brandywine Realty Trust Announces Resignation of Chief Financial Officer.


PLYMOUTH MEETING, Pa. -- Brandywine Realty Trust Brandywine Realty Trust (NYSE: BDN) is a real estate development trust (REIT) in the United States that buys, sells, leases and manages approximately 225 commercial properties, no more than 25 industrial parcels of land, mixed-use property, and over 200 acres of undeveloped  (NYSE NYSE

See: New York Stock Exchange
:BDN BDN Borland Developer Network
BDN Bangor Daily News (Maine, USA)
BDN Business Development Network
BDN Bell Data Network
BDN Bulk Data Network
BDN Busy Doing Nothing (band)
BDN Buffered Delta Network
) today announced the resignation of Christopher P. Marr, its Senior Vice President and Chief Financial Officer. Mr. Marr has accepted the position of Chief Financial Officer at U-Stor-It Trust (NYSE:YSI YSI Yousendit (File Transfer Website)
YSI Youth Science Institute
YSI You Stupid Idiot
) a self-storage real estate investment trust.

"We appreciate Chris' contributions and this is a great opportunity for him to return to a sector he knows well. We wish him and his family continuing success. Our finance and accounting infrastructure is in excellent shape. All of our financing needs are met and our accounting integration efforts are on schedule. Our team of Tim Martin, Vice President of Finance and Scott Fordham, Vice President and Chief Accounting Officer, have excellent capacity to continue our strong successes in their respective areas. On an interim basis, Tim and Scott will handle CFO See Chief Financial Officer.  responsibilities as we proceed with our search process," said Gerard H. Sweeney, President and Chief Executive Officer.

About Brandywine Realty Trust

Brandywine Realty Trust (NYSE:BDN), with headquarters in Plymouth Meeting, Pa., is one of the largest full-service, completely integrated real estate companies in the United States. Organized as a real estate investment trust (REIT REIT

See: Real Estate Investment Trust


REIT

See real estate investment trust (REIT).
), Brandywine owns, manages or has ownership interest in office and industrial properties aggregating 46 million square feet.

For more information, visit Brandywine's website at www.brandywinerealty.com.

Note: Certain statements in this release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  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 Equity Financing

The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation.
, 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.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 31, 2006
Words:421
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