Toll Brothers Apartment Living® in a Joint Venture with Brandywine Realty Trust Announces Opening of Parc Plymouth Meeting, a New Luxury Rental Community

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Marks First New Apartment Community in the Philadelphia area For the Luxury Home Builder’s Apartment Living Division and Brandywine Realty Trust

The Clubhouse at Parc Plymouth Meeting

Toll Brothers, Inc. (NYSE: TOL) (http://www.Tollbrothers.com), the nation’s leading builder of luxury homes, through its Toll Brothers Apartment Living® subsidiary and its partner, Brandywine Realty Trust (NYSE: BDN), one of the largest, publicly traded, full-service, integrated real estate companies, announced today the opening and launch of leasing at Parc Plymouth Meeting, a 398-unit luxury apartment community located on Plymouth Road in the Plymouth Meeting neighborhood of suburban Philadelphia. Designed as a suburban oasis in close proximity to major transportation routes and conveniences, Parc offers luxury apartments ranging from 1-bedroom to 2-bedroom plus den, and an amazing suite of amenities including an outdoor pool with cabana, a beach volleyball court, outdoor fire pit and lounge, outdoor grilling areas, bocce ball court, game room, business center, residents’ lounge with fireplace, fitness center, flex room, pet salon, private garage parking, electric vehicle charging stations, and more.

“We’re extremely excited to bring this luxury, rental apartment community to the Philadelphia suburbs, where both Toll Brothers, America’s Luxury Homebuilder, and Brandywine Realty Trust were founded and are headquartered,” said Charles Elliott, Managing Director of Toll Brothers Apartment Living. “Parc is the first of many luxury, highly amenitized apartment communities that Toll Brothers Apartment Living will bring to the rental market, with a special emphasis on exceptional service and the luxury that people have come to expect from both companies.”

“We look forward to the successful leasing of this wonderful resort-style community, said Gerard H. Sweeney, President and Chief Executive Officer of Brandywine Realty Trust. “For Brandywine Realty Trust, Parc reflects our desire to create live, work and play environments and to provide additional lifestyle opportunities to our 1.6 million square feet of tenants in the Plymouth Meeting area.”

With its central location near the access ramps for I-476 & I-276, Parc is truly in one of the region’s best locations to live, work and play. The community is a short distance from the Plymouth Meeting Mall, numerous restaurants, shops and conveniences.

All residences at Parc have been designed for luxury living with plank flooring, stainless-steel appliance packages, granite countertops, tile backsplashes, shaker-style wooden cabinetry, washers and dryers in every home and exterior patios or balconies. Luxury living extends beyond the residences to the unprecedented array of resort-style, onsite amenities which offer something for all interests.

The Parc Leasing Office is located at 134 Plymouth Road, Plymouth Meeting, PA. Leasing office hours are Monday – Friday: 10am – 6pm, Saturday: 10am – 5pm and Sunday: Noon – 5pm. Please call 877-202-5934 or visit http://www.ParcPlymouthMeeting.com for more information and to schedule a tour.

Parc Plymouth Meeting is being developed in a joint venture between Toll Brothers Apartment Living and Brandywine Realty Trust.

ABOUT TOLL BROTHERS APARTMENT LIVING®
Toll Brothers Apartment Living is the apartment development division of Toll Brothers, Inc. (NYSE: TOL), the nation's leading builder of luxury homes. Toll Brothers Apartment Living is bringing the same quality, value and service familiar to luxury home buyers throughout the country, to new rental properties in select markets. Toll Brothers Apartment Living communities combine the energy of dynamic locations with unparalleled service, amenities, spectacular architecture and the expertise of the nation's leading builder of luxury homes. For more information on Toll Brothers Apartment Living and its other apartment communities, visit http://www.TollBrothersApartmentLiving.com.

ABOUT BRANDYWINE REALTY TRUST
Brandywine Realty Trust is one of the largest, publicly traded, full-service, integrated real estate companies in the United States. Organized as a real estate investment trust and operating in select markets, Brandywine owns, leases and manages an urban, town center office portfolio comprising 286 properties and 34.1 million square feet as of December 31, 2014. For more information, please visit http://www.brandywinerealty.com.

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John M. Piedrahita
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