Philadelphia REIT Benefits From Leasing Momentum

July 29, 2024
The balance between office tenant downsizing and expansions is now favoring some landlords again, according to executives from one of the country’s leading real estate investment trusts. Brandywine Realty Trust, a Philadelphia-based landlord and developer, has noticed increased interest in touring and leasing across its office properties nationwide as companies grow more confident in expanding their real estate presence. CEO Jerry Sweeney highlighted that this change has mainly favored financially stable landlords, as tenants are now focusing on spaces in top-quality buildings owned by stable companies.
*Article courtesy of Costar

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