# Brandywine Sells Philadelphia Office Building to Burlington Stores

- URL: https://stocks.freetheai.org/news/brandywine-sells-philadelphia-office-building-to-burlington-stores-8a656a
- Published: 2026-10-14T20:00:00Z
- Category: company_news; sentiment: neutral; impact: medium
- Symbols: [NYSE:BDN](https://stocks.freetheai.org/symbols/NYSE-BDN), [NYSE:BURL](https://stocks.freetheai.org/symbols/NYSE-BURL)
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Brandywine Realty Trust (NYSE:BDN) completed the disposition of a 441,000-square-foot office building at 3151 Market St. in the University City neighborhood of Philadelphia. Retailer Burlington Stores (NYSE:BURL) acquired the property to serve as its new corporate headquarters, occupying the entire facility.

The transaction marks a major corporate relocation, as Burlington Stores will move its headquarters from New Jersey to Pennsylvania. The retailer expects the relocation to bring an estimated 2,000 new jobs to Philadelphia over the next five years.

Investors will monitor how the property sale affects Brandywine Realty Trust's portfolio and operational focus in Philadelphia, as well as the progress of Burlington Stores as it executes its headquarters relocation and hiring initiative.

## Key points

- Brandywine Realty Trust (NYSE:BDN) disposed of a 441,000-square-foot office building at 3151 Market St. in Philadelphia.
- Burlington Stores (NYSE:BURL) acquired the property to serve as its new corporate headquarters.
- Burlington Stores will relocate its headquarters from New Jersey to Philadelphia.
- The move is expected to bring an estimated 2,000 new jobs to Philadelphia over the next five years.

## Questions and answers

### Where is Burlington Stores moving its corporate headquarters?

Burlington Stores is relocating its corporate headquarters from New Jersey to a 441,000-square-foot office building at 3151 Market St. in Philadelphia's University City neighborhood.

### How many jobs will Burlington Stores bring to Philadelphia?

Burlington Stores plans to bring an estimated 2,000 new jobs to Philadelphia over the next five years.

### Who sold the 3151 Market St. office building in Philadelphia?

Brandywine Realty Trust sold the 441,000-square-foot office building to Burlington Stores.