"Brandywine Realty Trust has finished a $252 million renovation of the former 30th Street post office in Philadelphia and a nearby garage on time and under budget, the company said Thursday.
Brandywine (NYSE:BDN) said in a statement that the completion of the post office site and $90 million Cira South garage means it will receive $256.5 million in loan financing it had already arranged. The post office site is leased to the Internal Revenue Service in a 20-year deal and the agency will move 5,000 employees into the facility next week. The garage has 1,662 parking spaces and 9,788 square feet of retail space."
Read more: Brandywine Realty says renovation of former post office for IRS complete - Philadelphia Business Journal
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