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Brandywine Enters $331.8M Purchase Agreement for Philadelphia Office Properties, $51M Agreement in Austin

Parkway, Thomas Selling Commerce Square and Four Points Centre
By Justin Sumner
CoStar News
September 5, 2013 | 5:38 P.M.

Brandywine Realty Trust (NYSE: BDN) has entered into a purchase agreement with Parkway Properties, Inc. to acquire One and Two Commerce Square in Philadelphia's CBD based on a $331.8 million valuation, which equates to $175 per square foot.

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