USSTOCK.TODAY
Weekend. Closed
Log in Sign up

Brandywine Realty Trust Sells Solaris House Apartment Complex for $136 Million

The Real Deal ·

BDN
BDN Brandywine Realty Trust
$2.95 0.00%
View chart & analysis →
  1. 1The $136 million sale of Brandywine Realty Trust's Solaris House apartment complex occurred late last month.
  2. 2At the time of sale, Solaris recorded an occupancy rate slightly exceeding 90%.
  3. 3The $31 million Brandywine is investing in space renovations targets the space that IBM is scheduled to vacate.

So what's the key point?

Brandywine Realty Trust sold an apartment complex for $136 million. The company plans to spend money renovating the space that IBM will be leaving.

Source The Real Deal · View original ↗

Related 3-line summaries

Brandywine Realty Trust Accelerates Asset Sales and Debt Repayment The Motley Fool · yesterdaySpring EQ signs lease for entire 7th floor of Brandywine Realty Trust's Cira Centre Bisnow · Oct 13Alaska Air Posts $76M Net Loss in Q2, Beats Expectations Associated Press +3 · Jul 22
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news