Greenberg Traurig Assists Brandywine in Selling Philadelphia Office Building to Burlington Stores
Global law firm Greenberg Traurig, LLP advised Brandywine Realty Trust (NYSE: BDN) on the sale of a large office building located at 3151 Market St. in Philadelphia's University City neighborhood to retail company Burlington Stores (NYSE: BURL). The 441,000-square-foot property will become Burlington’s new corporate headquarters as it relocates from New Jersey and is expected to bring approximately 2,000 jobs to the city over five years. The transaction involved a multidisciplinary team at Greenberg Traurig led by Joshua D. Cohen and David B. Lipner, with support across various practices within the firm. The deal was praised for its complexity and significance in transforming Philadelphia’s real estate landscape. Brandywine expressed appreciation for Greenberg Traurig's role in achieving their strategic objectives. Greenberg Traurig is a globally recognized law firm known for delivering innovative legal services, with over 3,200 attorneys across multiple continents.
Topics: corporate relocation job creation real estate transaction