Brandywine Realty Trust Secures Record $87.3 Million C-PACE Financing for 3151 Market

Reuters01-28
Brandywine Realty Trust Secures Record $87.3 Million C-PACE Financing for 3151 Market

Brandywine Realty Trust has closed an $87.3 million C-PACE financing agreement with Nuveen Green Capital, marking the largest C-PACE transaction in Pennsylvania's history and the first for a publicly traded real estate investment trust in recent years. The financing, administered by the Philadelphia Energy Authority, includes $30 million earmarked for future tenants at 3151 Market Street in Schuylkill Yards, a newly completed lab and office building in Philadelphia. The C-PACE funds will support sustainability upgrades such as enhancements to the building envelope, lighting, HVAC systems, and water conservation measures. This refinancing enables Brandywine to preserve conventional debt capacity while advancing sustainable development at the LEED Platinum-certified property.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brandywine Realty Trust published the original content used to generate this news brief via PR Newswire (Ref. ID: NE71958) on January 27, 2026, and is solely responsible for the information contained therein.

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