# EDGAR Filing Document

**Accession Number:** 0000790816
**File Stem:** 0000790816-25-000027
**Filing Date:** 2025-6
**Character Count:** 36168
**Document Hash:** a88acca222593ef553d2d11a58662fbf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000790816-25-000027.hdr.sgml**: 20250602

**ACCESSION NUMBER**: 0000790816-25-000027

**CONFORMED SUBMISSION TYPE**: S-8

**PUBLIC DOCUMENT COUNT**: 10

**FILED AS OF DATE**: 20250602

**DATE AS OF CHANGE**: 20250602

**EFFECTIVENESS DATE**: 20250602

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BRANDYWINE REALTY TRUST
- **CENTRAL INDEX KEY:** 0000790816
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE INVESTMENT TRUSTS [6798]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 232413352
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** S-8
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-287716
- **FILM NUMBER:** 251014446

**BUSINESS ADDRESS:**
- **STREET 1:** 2929 ARCH STREET
- **STREET 2:** SUITE 1800
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19104
- **BUSINESS PHONE:** 6103255600

**MAIL ADDRESS:**
- **STREET 1:** 2929 ARCH STREET
- **STREET 2:** SUITE 1800
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19104

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LINPRO SPECIFIED PROPERTIES
- **DATE OF NAME CHANGE:** 19920703
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BRANDYWINE OPERATING PARTNERSHIP, L.P.
- **CENTRAL INDEX KEY:** 0001060386
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE INVESTMENT TRUSTS [6798]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 232862640
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** S-8
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-287716-01
- **FILM NUMBER:** 251014447

**BUSINESS ADDRESS:**
- **STREET 1:** C/O BRANDYWINE REALTY TRUST
- **STREET 2:** 2929 ARCH STREET, SUITE 1800
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19104
- **BUSINESS PHONE:** 6103255600

**MAIL ADDRESS:**
- **STREET 1:** C/O BRANDYWINE REALTY TRUST
- **STREET 2:** 2929 ARCH STREET, SUITE 1800
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19104

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BRANDYWINE OPERATING PARTNERSHIP LP /PA
- **DATE OF NAME CHANGE:** 19980428

**As filed with the Securities and Exchange Commission on June 2, 2025**

**Registration No. 333-**

**UNITED STATES<br>SECURITIES AND EXCHANGE COMMISSION<br>WASHINGTON, D.C. 20549**<br> _______________

**FORM S-8**

**REGISTRATION STATEMENT<br>UNDER<br>THE SECURITIES ACT OF 1933**

**<br>BRANDYWINE REALTY TRUST** 

(Exact Name of Registrant as Specified in Its Charter)

---

| |
|:---|
| **Maryland** |
| (State or Other Jurisdiction of Incorporation or Organization) |
| **23-2413352** |
| (I.R.S. Employer Identification No.) |
| **2929 Arch Street, Suite 1800**<br>**Philadelphia, Pennsylvania** |
| (Address of Principal Executive Offices) |
| **19104** |
| (Zip Code) |

---

**BRANDYWINE REALTY TRUST 2023 LONG-TERM INCENTIVE PLAN**<br> (Full Title of the Plan)

**Gerard H. Sweeney**

**President and Chief Executive Officer**

**Brandywine Realty Trust**

**2929 Arch Street, Suite 1800**

**Philadelphia, Pennsylvania 19104**<br> (Name and Address of Agent for Service)

**(610) 325-5600**<br> (Telephone Number, Including Area Code, of Agent for Service)

With a copy to:<br>**Michael H. Friedman, Esq.<br>Troutman Pepper Locke LLP**

**3000 Two Logan Square**

**18**<sup>th</sup> **and Arch Streets**

**Philadelphia, Pennsylvania 19103**

**(215) 981-4563**<br> _______________

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Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act.

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| | | | |
|:---|:---|:---|:---|
| Large accelerated filer | ☒ | Accelerated filer | ☐ |
| Non-accelerated filer | ☐ | Smaller reporting company | ☐ |
| | | Emerging growth company | ☐ |

---

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

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**Part I.EXPLANATORY NOTE**

&nbsp;&nbsp;&nbsp;&nbsp;This Registration Statement on Form S-8 (this "Registration Statement") is filed pursuant to General Instruction E of Form S-8 for the purpose of registering an additional 5,000,000 Common Shares of Brandywine Realty Trust ("Brandywine") pursuant to the Brandywine Realty Trust 2023 Long-Term Incentive Plan (the "Plan"). The contents of Brandywine's Registration Statement on Form S-8 relating to the Plan (No. 333-272194) (the "Prior Registration Statement"), as previously filed by Brandywine with the Securities and Exchange Commission (the "Commission"), as updated by the information set forth below, are incorporated by reference into this Registration Statement.

**Part II.<br>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT**

**ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE.**

Certain information about Brandywine is "incorporated by reference" to reports and exhibits it files with the Commission that are not included in this Registration Statement. Brandywine discloses important information to you by referring you to these documents. Any statement contained in a document incorporated or deemed to be incorporated by reference into this Registration Statement will be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained in this Registration Statement or any other subsequently filed document that is deemed to be incorporated by reference into this Registration Statement modifies or supersedes such statement. Any statement so modified or superseded will not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement. Brandywine incorporates by reference the documents listed below that it has filed with the SEC:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as filed with the Commission on February 27, 2025;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The information specifically incorporated by reference into Brandywine's Annual Report on Form 10-K for the year ended December 31, 2024 from its Definitive Proxy Statement on Schedule 14A, as filed with the Commission on April 4, 2025;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, as filed with the Commission on April 30, 2025;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Current Report on Form 8-K, as filed with the Commission on May 22, 2025; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The Description of Brandywine's Securities Registered Pursuant to Section 12 of the Securities Exchange Act of 1934, contained in Exhibit 4.7 to Brandywine's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as filed with the Commission on February 27, 2025.

All documents that Brandywine subsequently files with the Commission under Sections 13(a), 13(c), 14 or 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), prior to the filing of a post-effective amendment which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference in this Registration Statement and to be part thereof from the date of filing of such documents. Nothing in this Registration Statement shall be deemed to incorporate information furnished to but not filed with the Commission pursuant to Item 2.02 or Item 7.01 of Form 8-K (or corresponding information furnished under Item 9.01 or included as an exhibit to Form 8-K).

**ITEM 4. DESCRIPTION OF SECURITIES.**

Not applicable.

**ITEM 5. INTERESTS OF NAMED EXPERTS AND COUNSEL.**

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Not applicable.

**ITEM 6. INDEMNIFICATION OF DIRECTORS AND OFFICERS.**

Maryland statutory law governing real estate investment trusts formed under Maryland law (the "Maryland REIT Law") permits a Maryland real estate investment trust ("REIT") to include in its Declaration of Trust a provision limiting the liability of its trustees and officers to the trust and its shareholders for money damages except for liability resulting from (1) actual receipt of an improper benefit or profit in money, property or services or (2) active and deliberate dishonesty established by a final judgment as being material to the cause of action. Brandywine's Declaration of Trust contains a provision which eliminates such liability to the maximum extent permitted by the Maryland REIT Law.

The Maryland REIT Law permits a Maryland REIT to indemnify and advance expenses to its trustees and officers to the same extent as permitted for directors and officers of a Maryland corporation under the Maryland General Corporation Law (the "MGCL"). In the case of directors and officers of a Maryland corporation, the MGCL permits a Maryland corporation to indemnify present and former directors and officers against judgments, penalties, fines, settlements and reasonable expenses actually incurred by them in connection with any proceeding to which they may be made a party by reason of such service, unless it is established that either: (1) the act or omission of the director or officer was material to the matter giving rise to the proceeding and either (a) was committed in bad faith or (b) was the result of active and deliberate dishonesty; (2) the director or officer actually received an improper personal benefit in money, property or services; or (3) in the case of any criminal proceeding, the director or officer had reasonable cause to believe that the act or omission was unlawful.

Brandywine's Bylaws require Brandywine to indemnify, without a preliminary determination of the ultimate entitlement to indemnification: (1) any present or former trustee, officer or shareholder who has been successful, on the merits or otherwise, in the defense of a proceeding to which he or she was made a party by reason of such status, against reasonable expenses incurred by him or her in connection with the proceeding and (2) any present or former trustee or officer against any claim or liability to which he or she may become subject by reason of such status.

In addition, Brandywine's Bylaws require Brandywine to pay or reimburse, in advance of final disposition of a proceeding, reasonable expenses incurred by a present or former trustee or officer made a party to a proceeding by reason of his or her status as a trustee or officer.

**ITEM 7. EXEMPTION FROM REGISTRATION CLAIMED.**

Not applicable.

**ITEM 8. EXHIBITS.**

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| | |
|:---|:---|
| **Exhibit Number** | **Description** |
| 4.1 | <u>[Articles of Amendment and Restatement of Declaration of Trust of Brandywine Realty Trust (previously filed as an exhibit to Brandywine's Current Report on Form 8-K filed on May 29, 2018 and incorporated herein by reference).](https://www.sec.gov/Archives/edgar/data/790816/000156459018014516/bdn-ex31_19.htm)</u> |
| 4.2 | <u>[Articles Supplementary relating to opt-out of Maryland Unsolicited Takeover Act, filed with the State Department of Assessments and Taxation of Maryland on March 2, 2018 (previously filed as an exhibit to Brandywine's Current Report on Form 8-K filed on March 6, 2018 and incorporated herein by reference).](https://www.sec.gov/Archives/edgar/data/790816/000156459018004554/bdn-ex311_171.htm)</u> |

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4.3 <u>[Preferred Share Reclassification Articles Supplementary filed with the State Department of Assessments and Taxation of Maryland on March 2, 2018 (previously filed as an exhibit to Brandywine's Current Report on Form 8-K filed on March 6, 2018 and incorporated herein by reference).](https://www.sec.gov/Archives/edgar/data/790816/000156459018004554/bdn-ex312_172.htm)</u>

4.4 <u>[Amended and Restated Agreement of Limited Partnership of Brandywine Operating Partnership, L.P. (previously filed as an exhibit to Brandywine's Current Report on Form 8-K dated December 17, 1997 and incorporated herein by reference).](https://www.sec.gov/Archives/edgar/data/790816/0001047469-97-008120.txt)</u>

4.4.1 <u>[First Amendment to Amended and Restated Agreement of Limited Partnership of Brandywine Operating Partnership, L.P. (previously filed as an exhibit to Brandywine's Current Report on Form 8-K dated December 17, 1997 and incorporated herein by reference).](https://www.sec.gov/Archives/edgar/data/790816/0001047469-97-008120.txt)</u>

4.4.2 <u>[Second Amendment to the Amended and Restated Agreement of Limited Partnership Agreement of Brandywine Operating Partnership, L.P. (previously filed as an exhibit to Brandywine Realty Trust's Form 8-K dated April 13, 1998 and incorporated herein by reference).](https://www.sec.gov/Archives/edgar/data/790816/0000950116-98-000851.txt)</u>

4.4.3 <u>[Third Amendment to the Amended and Restated Agreement of Limited Partnership of Brandywine Operating Partnership, L.P. (previously filed as an exhibit to Brandywine's Current Report on Form 8-K dated May 14, 1998 and incorporated herein by reference).](https://www.sec.gov/Archives/edgar/data/790816/0000950116-98-001099.txt)</u>

4.4.4 <u>[Fourth Amendment to the Amended and Restated Agreement of Limited Partnership of Brandywine Operating Partnership, L.P. (previously filed as an exhibit to Brandywine's Current Report on Form 8-K dated October 13, 1998 and incorporated herein by reference).](https://www.sec.gov/Archives/edgar/data/790816/0000950116-98-002019.txt)</u>

4.4.5 <u>[Fifth Amendment to the Amended and Restated Agreement of Limited Partnership of Brandywine Operating Partnership, L.P. (previously filed as an exhibit to Brandywine's Current Report on Form 8-K dated October 13, 1998 and incorporated herein by reference).](https://www.sec.gov/Archives/edgar/data/790816/0000950116-98-002019.txt)</u>

4.4.6 <u>[Sixth Amendment to the Amended and Restated Agreement of Limited Partnership of Brandywine Operating Partnership, L.P. (previously filed as an exhibit to Brandywine's Current Report on Form 8-K dated October 13, 1998 and incorporated herein by reference).](https://www.sec.gov/Archives/edgar/data/790816/0000950116-98-002019.txt)</u>

4.4.7 <u>[Seventh Amendment to the Amended and Restated Agreement of Limited Partnership of Brandywine Operating Partnership, L.P. (previously filed as an exhibit to Brandywine's Form 10-K for the fiscal year ended December 31, 2003 and incorporated herein by reference).](https://www.sec.gov/Archives/edgar/data/790816/000095011604000806/ex10-14.txt)</u>

4.4.8 <u>[Eighth Amendment to the Amended and Restated Agreement of Limited Partnership of Brandywine Operating Partnership, L.P. (previously filed as an exhibit to Brandywine's Form 10-K for the fiscal year ended December 31, 2003 and incorporated herein by reference).](https://www.sec.gov/Archives/edgar/data/790816/000095011604000806/ex10-15.txt)</u>

4.4.9 <u>[Ninth Amendment to the Amended and Restated Agreement of Limited Partnership of Brandywine Operating Partnership, L.P. (previously filed as an exhibit to Brandywine's Form 10-K for the fiscal year ended December 31, 2003 and incorporated herein by reference).](https://www.sec.gov/Archives/edgar/data/790816/000095011604000806/ex10-16.txt)</u>

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4.4.10 <u>[Tenth Amendment to the Amended and Restated Agreement of Limited Partnership of Brandywine Operating Partnership, L.P. (previously filed as an exhibit to Brandywine's Form 10-K for the fiscal year ended December 31, 2003 and incorporated herein by reference).](https://www.sec.gov/Archives/edgar/data/790816/000095011604000806/ex10-17.txt)</u>

4.4.11 <u>[Eleventh Amendment to the Amended and Restated Agreement of Limited Partnership of Brandywine Operating Partnership, L.P. (previously filed as an exhibit to Brandywine Realty Trust's Form 10-K for the fiscal year ended December 31, 2003 and incorporated herein by reference)](https://www.sec.gov/Archives/edgar/data/0000790816/000095011604000806/ex10-18.txt)</u>

4.4.12 <u>[Twelfth Amendment to the Amended and Restated Agreement of Limited Partnership of Brandywine Operating Partnership, L.P. (previously filed as an exhibit to Brandywine Realty Trust's Form 10-K for the fiscal year ended December 31, 2003 and incorporated herein by reference)](https://www.sec.gov/Archives/edgar/data/0000790816/000095011604000806/ex10-19.txt)</u>

4.4.13 <u>[Thirteenth Amendment to the Amended and Restated Agreement of Limited Partnership of Brandywine Operating Partnership, L.P. (previously filed as an exhibit to Brandywine Realty Trust's Form 8-K dated September 21, 2004 and incorporated herein by reference)](https://www.sec.gov/Archives/edgar/data/790816/000095011604002850/ex3-1.txt)</u>

4.4.14 <u>[Fourteenth Amendment to the Amended and Restated Agreement of Limited Partnership of Brandywine Operating Partnership, L.P. (previously filed as an exhibit to Brandywine Realty Trust's Form 8-K dated January 10, 2006 and incorporated herein by reference)](https://www.sec.gov/Archives/edgar/data/790816/000095011606000060/ex10-1.txt)</u>

4.4.15 <u>[Fourteenth Amendment to the Amended and Restated Agreement of Limited Partnership of Brandywine Operating Partnership, L.P. (previously filed as an exhibit to Brandywine Realty Trust's Form 8-K dated January 10, 2006 and incorporated herein by reference)](https://www.sec.gov/Archives/edgar/data/790816/000095011606000060/ex10-1.txt)</u>

4.4.16 <u>[Sixteenth Amendment to the Amended and Restated Agreement of Limited Partnership of Brandywine Operating Partnership, L.P. (previously filed as an exhibit to Brandywine Realty Trust's Form 8-K dated August 9, 2010 and incorporated herein by reference)](https://www.sec.gov/Archives/edgar/data/0000790816/000095012310074712/c04542exv3w1.htm)</u>

4.4.17 <u>[Seventeenth Amendment to the Amended and Restated Agreement of Limited Partnership of Brandywine Operating Partnership, L.P. (previously filed as an exhibit to Brandywine Realty Trust's Form 8-K dated April 11, 2012 and incorporated herein by reference)](https://www.sec.gov/Archives/edgar/data/790816/000119312512159078/d332645dex32.htm)</u>

4.5 <u>[List of partners of Brandywine Operating Partnership, L.P. (previously filed as an exhibit to Brandywine's Annual Report on Form 10-K for the year ended December 31, 2024 and incorporated herein by reference).](https://www.sec.gov/Archives/edgar/data/790816/000079081625000009/bdnex3219q42024.htm)</u>

4.6 <u>[Bylaws of Brandywine Realty Trust (previously filed as an exhibit to Brandywine Realty Trust's Form 8-K dated May 29, 2018 and incorporated herein by reference)](https://www.sec.gov/Archives/edgar/data/790816/000156459018014516/bdn-ex32_6.htm)</u>

4.7 <u>[Indenture dated October 22, 2004 by and among Brandywine Operating Partnership, L.P., Brandywine Realty Trust, certain subsidiaries of Brandywine Operating Partnership, L.P. named therein and The Bank of New York Mellon, as Trustee (previously filed as an exhibit to Brandywine Realty Trust's Form 8-K filed on October 22, 2004 and incorporated herein by reference)](https://www.sec.gov/Archives/edgar/data/790816/000095011604003122/ex4-1.txt)</u>

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| | |
|:---|:---|
| 4.7.1 | <u>[First Supplemental Indenture dated as of May 25, 2005 by and among Brandywine Operating Partnership, L.P., Brandywine Realty Trust, certain subsidiaries of Brandywine Operating Partnership, L.P. named therein and The Bank of New York Mellon, as Trustee (previously filed as an exhibit to Brandywine Realty Trust's Form 8-K filed on May 26, 2005 and incorporated herein by reference)](https://www.sec.gov/Archives/edgar/data/790816/000095011605001994/ex4-1.htm)</u> |
| 4.7.2 | <u>[Second Supplemental Indenture dated as of October 4, 2006 by and among Brandywine Operating Partnership, L.P., Brandywine Realty Trust and The Bank of New York Mellon, as Trustee (previously filed as an exhibit to Brandywine Realty Trust's Form 8-K dated October 4, 2006 and incorporated herein by reference)](https://www.sec.gov/Archives/edgar/data/790816/000112528206006096/p415118_ex4-1.htm)</u> |
| 4.7.3 | <u>[Third Supplemental Indenture dated as of April 5, 2011 by and among Brandywine Operating Partnership, L.P., Brandywine Realty Trust and The Bank of New York Mellon, as Trustee (previously filed as an exhibit to Brandywine Realty Trust's Form 8-K filed on April 5, 2011 and incorporated herein by reference)](https://www.sec.gov/Archives/edgar/data/0000790816/000095012311032875/w82170aexv4w1.htm)</u> |
| 4.8 | <u>[Brandywine Realty Trust 2023 Long-Term Incentive Plan, as amended (previously filed as Appendix B to Brandywine's Definitive Proxy Statement on Schedule 14A dated April 4, 2025 and incorporated herein by reference).](https://www.sec.gov/Archives/edgar/data/790816/000095017025050904/bdn_defa14a_2025.htm)</u> |
| 5.1\* | <u>[Opinion of Troutman Pepper Locke LLP](ex51-opinion.htm)</u>. |
| 23.1\* | <u>[Consent of PricewaterhouseCoopers LLP.](ex231-pwcconsent.htm)</u> |
| 23.2\* | <u>[Consent of PricewaterhouseCoopers LLP.](ex232-pwcconsent.htm)</u> |
| 23.3\* | <u>[Consent of Troutman Pepper Locke LLP (contained in Exhibit 5.1).](ex51-opinion.htm)</u> |
| 24.1\* | Power of Attorney (contained in the signature page hereto). |
| 107.1\* | <u>[Filing Fee Table.](ex1071.htm)</u> |
| \*Filed Herewith |  |

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**ITEM 9. UNDERTAKINGS.**![image_01.jpg](image_01.jpg)![image_11.jpg](image_11.jpg)

(a)The undersigned Registrant hereby undertakes:

(1)To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:

(i)To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933;

(ii)To reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20 percent change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective Registration Statement; and

(iii)To include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement;

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*provided, however*, that paragraphs (a)(1)(i) and (a)(1)(ii) of this section do not apply if the Registration Statement is on Form S-8, and the information required to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Securities Exchange Act that are incorporated by reference in the Registration Statement.

(2)That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial *bona fide* offering thereof;

(3)To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

(b)The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act of 1933, each filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Securities Exchange Act of 1934) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial *bona fide* offering thereof.

(c)Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers, and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question of whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.

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**SIGNATURES**

Pursuant to the requirements of the Securities Act of 1933, Brandywine certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Philadelphia, Commonwealth of Pennsylvania, on June 2, 2025.

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| | |
|:---|:---|
| **BRANDYWINE REALTY TRUST** | **BRANDYWINE REALTY TRUST** |
| By: | /s/ Gerard H. Sweeney |
|  | Name: Gerard H. Sweeney |
|  | Title: President and Chief Executive Officer |

---

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**POWER OF ATTORNEY**

Pursuant to the requirements of the Securities Act, this registration statement and Power of Attorney have been signed by the following persons in the capacity and on the dates indicated.

**KNOW ALL PERSONS BY THESE PRESENTS**, that each person whose name appears below hereby constitutes and appoints Gerard H. Sweeney his or her true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this registration statement, and to file the same, with exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

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| | | |
|:---|:---|:---|
| **Signature** | **Title(s)** | **Date** |
| /s/ Gerard H. Sweeney<br>Gerard H. Sweeney | President, Chief Executive Officer and Trustee<br>(Principal Executive Officer) | June 2, 2025 |
| /s/ Thomas E. Wirth<br>Thomas E. Wirth | Executive Vice President and Chief Financial Officer<br>(Principal Financial Officer) | June 2, 2025 |
| /s/ Daniel Palazzo<br>Daniel Palazzo | Vice President and Chief Accounting Officer<br>(Principal Accounting Officer) | June 2, 2025 |
| /s/ James C. Diggs<br>James C. Diggs | Non-Executive Chairman of the Board of Trustees and Trustee | June 2, 2025 |
| /s/ Reginald DesRoches<br>Reginald DesRoches | Trustee | June 2, 2025 |
| /s/ H. Richard Haverstick, Jr.<br>H. Richard Haverstick, Jr. | Trustee | June 2, 2025 |
| /s/ Joan Lau<br>Joan Lau, Ph.D. | Trustee | June 2, 2025 |
| /s/ Charles P. Pizzi<br>Charles P. Pizzi | Trustee | June 2, 2025 |

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314199379v3

## Ex-Filing

**Exhibit 107.1**

**Calculation of Filing Fee Tables**

**Form S-8**<br>(Form Type)

**Brandywine Realty Trust**

(Exact Name of Registrant as Specified in its Charter)

**Table 1: Newly Registered Securities**

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Security Type** | **Security<br>Class<br>Title** | **Fee<br>Calculation<br>Rule**  | **Amount<br>Registered** | **Proposed<br>Maximum<br>Offering Price<br>Per Unit** | **Maximum<br>Aggregate<br>Offering Price** | **Fee Rate** | **Amount of<br>Registration Fee** |
| Newly Registered Securities | Newly Registered Securities | Newly Registered Securities | Newly Registered Securities | Newly Registered Securities | Newly Registered Securities | Newly Registered Securities | Newly Registered Securities | Newly Registered Securities |
| 1 | Equity | Common Shares of Beneficial Interest, par value $0.01 per share | Other | 5000000 | $4.19 | $20950000.00 | 0.0001531 | $3207.45 |
| Total Offering Amounts | Total Offering Amounts | Total Offering Amounts | Total Offering Amounts | Total Offering Amounts | Total Offering Amounts | $20950000.00 |  |  |
| Total Fee Offsets | Total Fee Offsets | Total Fee Offsets | Total Fee Offsets | Total Fee Offsets | Total Fee Offsets |  |  | $0.00 |
| Net Fee Due | Net Fee Due | Net Fee Due | Net Fee Due | Net Fee Due | Net Fee Due |  |  | $3207.45 |

---

**Offering Note**

<sup>1</sup> Consists of common shares of beneficial interest, par value $0.01 per share ("Common Shares") of Brandywine Realty Trust (the "Registrant") reserved for issuance under the Brandywine Realty Trust 2023 Long-Term Incentive Plan, as amended (the "Plan"). Pursuant to Rule 416(a) of the Securities Act of 1933, as amended (the "Securities Act"), this Registration Statement shall also cover any additional Common Shares of the Registrant that become issuable under the Plan by reason of any future share dividend, share split, recapitalization, or similar event or change that increases the number of the Registrant's outstanding Common Shares.

Estimated in accordance with Rule 457(h)(1) under the Securities Act solely for purposes of calculating the registration fee, based on the average of the high and low sales prices for the Common Shares as reported on the New York Stock Exchange on May 28, 2025, or $4.19 (rounded up to the nearest cent).

## Exhibit 5.1

![image_2.jpg](image_2.jpg)

Troutman Pepper Locke LLP3000 Two Logan SquareEighteenth and Arch StreetsPhiladelphia, PA 19103-2799troutman.com<br>

![image_3.jpg](image_3.jpg)

**Exhibit 5.1**

June 2, 2025

Brandywine Realty Trust

2929 Arch Street, Suite 1800

Philadelphia, Pennsylvania 19104

Re:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Registration Statement on Form S-8</u>

Ladies and Gentlemen:

Reference is made to the registration statement on Form S-8 (the "***Registration Statement***") of Brandywine Realty Trust, a Maryland real estate investment trust (the "***Company***"), filed on the date hereof with the Securities and Exchange Commission (the "***Commission***"), under the Securities Act of 1933, as amended (the "***Act***"). The Registration Statement covers an additional 5,000,000 common shares of beneficial interest, par value $.01 per share (the "***Shares****"*), of the Company, issuable under the Brandywine Realty Trust 2023 Long-Term Incentive Plan, as amended (the "***Plan***").

We have examined the Registration Statement, including the exhibits thereto, the originals or copies, certified or otherwise identified to our satisfaction, of the Company's Articles of Amendment and Restatement of Declaration of Trust, the Company's Bylaws, resolutions adopted by the Board of Trustees of the Company relating to the registration of the Shares, the Plan and such other agreements, instruments and documents as we have deemed appropriate in rendering this opinion. As to matters of fact, we have relied on certain representations of officers of the Company.

In rendering this opinion, we have assumed the genuineness and authenticity of all signatures on original documents; the legal capacity of all natural persons; the authenticity of all documents submitted to us as originals; the conformity to originals of all documents submitted to us as certified or photocopies; the accuracy and completeness of all documents and records reviewed by us; the accuracy, completeness and authenticity of certificates issued by any governmental official, office or agency and the absence of change in the information contained therein from the effective date of any such certificate; and the due authorization, execution and delivery of all documents where authorization, execution and delivery are prerequisites to the effectiveness of such documents.

We express no opinion herein as to the law of any state or jurisdiction other than the laws of the State of Maryland, including statutory provisions and all applicable provisions of the Maryland Constitution and reported judicial decisions interpreting such laws of the State of Maryland and the federal laws of the United States of America. We assume no obligation to supplement this opinion if any applicable law changes after the date hereof or if we become aware of any fact that might change the opinion expressed herein after the date hereof.

Based on the foregoing, we are of the opinion that the Shares, when issued in accordance with the terms of the Plan, will be validly issued, fully paid and non-assessable.

314297015v3

------

![image_2.jpg](image_2.jpg)![image_1.jpg](image_1.jpg)

We hereby consent to the filing of this opinion as an exhibit to the Registration Statement. In giving such consent, we do not thereby admit that we come within the category of persons whose consent is required under Section 7 of the Act or the rules or regulations of the Commission thereunder.

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| |
|:---|
| Very truly yours, |
| /s/ Troutman Pepper Locke LLP |
| Troutman Pepper Locke LLP |

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314297015v3

## Exhibit 23.1

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We hereby consent to the incorporation by reference in this Registration Statement on Form S-8 of Brandywine Realty Trust of our report dated February 26, 2025 relating to the financial statements, financial statement schedules and the effectiveness of internal control over financial reporting, which appears in Brandywine Realty Trust's Annual Report on Form 10-K for the year ended December 31, 2024.

/s/ PricewaterhouseCoopers LLP <br>Philadelphia, Pennsylvania <br>June 2, 2025

## Exhibit 23.2

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We hereby consent to the incorporation by reference in this Registration Statement on Form S-8 of Brandywine Operating Partnership, L.P. of our report dated February 26, 2025 relating to the financial statements, financial statement schedules and the effectiveness of internal control over financial reporting, which appears in Brandywine Operating Partnership, L.P.'s Annual Report on Form 10-K for the year ended December 31, 2024.

/s/ PricewaterhouseCoopers LLP <br>Philadelphia, Pennsylvania <br>June 2, 2025

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