Brandywine Realty Trust (BDN) said Tuesday that it completed the sale of two assets within its joint venture portfolio that are located in Virginia for $265.8 million in gross sale proceeds.
The real estate company said the 4040 Wilson mixed-use development in Arlington, Virginia was sold for $190.5 million and the Dabney and Brittons Hill portfolio was sold for $66.8 million. The Dabney and Brittons Hill portfolio consists of 14 industrial/flex buildings in Richmond.
The company also said it sold an 11-acre land parcel that is valued at $8.5 million.
Shares were edging 0.6% higher in recent trading.
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