Brandywine Realty and Allstate unit will buy D.C. properties

12/22/2011 | GlobeSt.com

Brandywine Realty Trust has contributed three Washington, D.C.-area properties to a joint venture it has formed with Current Creek Investments, an Allstate subsidiary. The properties are valued at $156 million. The two companies are contributing $75 million each to create a fund to make additional purchases.

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