Brandywine Realty Trust Completes Sale of One and Two Barton Skyway in Austin, TX Yielding Net Proceeds in Excess of $100 Million
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Brandywine Realty Trust has completed the sale of One and Two Barton Skyway in Austin, TX, to the City of Austin for $107.6 million. The sale will provide Brandywine with net proceeds exceeding $100 million.
November 19, 2024 | 1:45 pm
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Brandywine Realty Trust has successfully sold One and Two Barton Skyway in Austin for $107.6 million, resulting in net proceeds exceeding $100 million. This transaction is likely to positively impact the company's financial position.
The sale of the properties for $107.6 million provides Brandywine Realty Trust with significant net proceeds, likely improving its financial health and potentially leading to a positive short-term impact on its stock price.
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IMPORTANCE 80
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