Brandywine Realty Trust Announces Lease with 'Iron Chef' Jose Garces at Cira Centre
January 19 2010 - 4:00PM
PR Newswire (US)
RADNOR, Pa., Jan. 19 /PRNewswire-FirstCall/ -- Brandywine Realty
Trust (NYSE:BDN) announced today that it has signed a lease with
the Garces Restaurant Group at its highly-acclaimed Cira Centre
office tower adjacent to Amtrak's 30th Street Station in
Philadelphia. Renowned Chef Jose Garces will open his
yet-to-be-named "farm-to-table" concept in early spring of 2010.
The Cira Centre location will be Garces' sixth restaurant in
Philadelphia and will focus on lunch, dinner, and a full-service
cocktail bar. "We are very excited about bringing a high quality
restaurant to the tenants of the building and the larger community
of University City," said Chef Garces. Cira Centre re-established
the architectural standard in the City when it opened in 2005 with
its highly-dynamic Cesar Peli design. The building initiated a
multi-phased redevelopment of the area by Brandywine which in
August will see the completed conversion of the U.S. Post Office
Building into a fully leased and 100% occupied 862,692 square foot
LEED-Certified office building. "We are delighted to welcome an
experienced and talented entrepreneur to Cira Centre and believe
that the high-quality product and service offered by Chef Garces
will be the perfect complement to the building and the entire
area," said Gerard H. Sweeney, President & Chief Executive
Officer of Brandywine Realty Trust. Garces Restaurant Group was
represented by Tim Duffy and Laurence Steinberg of Michael Salove
& Co. Brandywine Realty Trust was represented by Steve Rush.
About Chef Garces Since opening his first restaurant, Amada, in
2005, Chef Jose Garces has emerged as an enormous talent and one of
the nation's most gifted young chefs. He has authored a cookbook,
Latin Evolution (Lake Isle Press, September 2008); won the James
Beard Foundation's prestigious "Best Chef Mid-Atlantic" award 2009;
appeared on Food Network's Iron Chef America; and won the most
recent season of The Next Iron Chef, making him one of just six
chefs in the country to hold the prestigious title of Iron Chef
America. He is the owner and executive chef of five highly
acclaimed restaurants in Philadelphia: Amada, Tinto, Distrito,
Chifa, and Village Whiskey. Chef Garces is also the executive chef
at Chicago's much-praised Catalan restaurant Mercat a la Planxa,
where he works in collaboration with Sage Restaurant Group. About
Brandywine Realty Trust Brandywine Realty Trust is one of the
largest, publicly traded, full-service, integrated real estate
companies in the United States. Organized as a real estate
investment trust and operating in select markets, Brandywine owns,
develops and manages a primarily Class A, suburban and urban office
portfolio aggregating approximately 34.9 million square feet,
including 25.6 million square feet which it currently owns on a
consolidated basis. For more information, visit our website at
http://www.brandywinerealty.com/. Forward-Looking Statements
Certain statements in this release constitute forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements involve known
and unknown risks, uncertainties and other factors that may cause
the actual results, performance, achievements or transactions of
the Company and its affiliates or industry results to be materially
different from any future results, performance, achievements or
transactions expressed or implied by such forward-looking
statements. Such risks, uncertainties and other factors relate to,
among others, the Company's ability to lease vacant space and to
renew or relet space under expiring leases at expected levels, the
potential loss of major tenants, interest rate levels, the
availability and terms of debt and equity financing, competition
with other real estate companies for tenants and acquisitions,
risks of real estate acquisitions, dispositions and developments,
including cost overruns and construction delays, unanticipated
operating costs and the effects of general and local economic and
real estate conditions. Additional information or factors which
could impact the Company and the forward-looking statements
contained herein are included in the Company's filings with the
Securities and Exchange Commission. The Company assumes no
obligation to update or supplement forward-looking statements that
become untrue because of subsequent events. DATASOURCE: Brandywine
Realty Trust CONTACT: Investor/Press Contact: Marge Boccuti,
Manager, Investor Relations, Brandywine Realty Trust,
+1-610-832-7702, , or Company Contact: Howard M. Sipzner, EVP &
CFO, Brandywine Realty Trust, +1-610-832-4907, Web Site:
http://www.brandywinerealty.com/
Copyright