Brandywine Forms JV with DRA, to Own 50% Interest, Will Buy Portfolio in Austin, TX, Sees Proceeds $271.6M

Brandywine Realty Trust (NYSE: BDN ), a real estate investment trust focused on the ownership, management and development of urban, town center and suburban office properties in the mid-Atlantic region and other select markets throughout the United States, announced today that it has formed a joint venture (the "Venture") with DRA Advisors LLC ("DRA").