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Greenberg Traurig Advises Brandywine on Philadelphia Office Building Deal with Burlington Stores

  • Global law firm Greenberg Traurig, LLP represented Brandywine Realty Trust (NYSE: BDN) in selling a 441,000-square-foot office building to Burlington Stores (NYSE: BURL).
  • The property at 3151 Market St. in Philadelphia's University City neighborhood will serve as Burlington's new corporate headquarters.
  • Burlington plans to relocate its headquarters from New Jersey to the building & bring an estimated 2,000 new jobs to Philadelphia over five years.
  • The Greenberg Traurig deal team was led by Shareholders Joshua D. Cohen & David B. Lipner, with support from Aska Fujimori-Smith & Rebecca Jaegers.
  • Additional legal support was provided by Shareholders Michael A. Suleta & Timothy W. Donovan, Of Counsels Laura Bottaro Galier & Brian L. Gaudet, & Associate Laura Hendee Siman.
  • Cohen & Lipner praised the transaction as a game-changing move for the city & commonwealth, acknowledging leadership from Gov. Josh Shapiro & Mayor Cherelle Parker.
  • Brandywine Senior Vice President Shawn Neuman cited Greenberg Traurig's expertise & strategic approach as instrumental to achieving transactional objectives.
  • Greenberg Traurig operates with approximately 3,200 lawyers across 51 locations globally & is recognized as a top-ranked law firm.