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Brandywine Realty Trust's CEO Hosts Analyst Meeting Conference (Transcript)

Michael A. Nutter

Gary, thank you very, very much, and thanks for the invitation, but also thanks for the investment in the city of Philadelphia, one of our largest building owners, property owners, 6.8 million square feet, 11 buildings and growing. And we’re very, very appreciative of you and what you do here on the business side. And then of course Jerry is also Chair of the Schuylkill River Development Corporation, which is helping us open new parks and create additional green space and more economic opportunity here in the city on the ground making Philadelphia helping us in our goal of number one Green City in the United States of America.

So for that and many, many other things, I want to say thank you to you and thank you for bringing all of these investors and analysts together here in Philadelphia and thinks for taking this building as well. My mom used to work here. I let her know that her former place is in good hand with the Brandywine.

Welcome to the City of Philadelphia and I want to thank all of you for being here this morning. This is a quite important for us given what you do, the outlook that you have, the decisions that you make, the influence that you have all across the country in terms of where people might want to invest. And I came on this morning to talk a little about my home town, the place that I love so, so very much and the opportunity for our business here in the city and certainly in the region.

To give you a little bit of context for Philadelphia, fifth largest city in the United States of America and we experienced population growth in the 2010 census for the first time in 60 years. And the one-year subsequent survey that’s done also showed continued growth about 10,000 more of Philadelphian after the 2010 census.

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