RADNOR, Pa., Feb. 8, 2016 /PRNewswire/ -- Brandywine Realty Trust (NYSE: BDN ), announced today the company has closed the previously announced sale of interests in Cira Square located in the University City submarket of Philadelphia, Pennsylvania for $354.0 million. The sale of this historic 862,700 square foot asset closed on February 5, 2016. The building is 100% leased and occupied by the IRS through a long term lease. In connection with the sale, Brandywine received net sales proceeds of $350.2 million after closing costs. The company will report a gain of approximately $114.0 million in the first quarter of 2016. About Brandywine Realty Trust Brandywine Realty Trust (NYSE: BDN ) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia, Washington, D.C., and Austin markets.