Brandywine Realty Trust brings on JV partner to develop $307M building at 3151 Market

Chubb Ltd. Offices for Philadelphia

Brandywine Realty Trust has arranged another joint venture with an undisclosed global institutional investor to proceed with the development of 3151 Market St., a proposed $307 million building in the University City neighborhood of Philadelphia that will cater to life sciences tenants. 

Brandywine (NYSE: BDN) is also exploring ways to expand its B.Labs incubator in Cira Centre to bolster its pipeline of prospective life sciences tenants. 

*Article courtesy of Philadelphia Business Journal

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