Posted December 15, 2016 by 20nine

Brandywine Realty Trust Announces 24,799 Square Feet Lease with FreedomPay, Inc. for FMC Tower at Cira Centre South

FreedomPay’s growth spurs move to downtown Philadelphia

RADNOR, Pa., Dec. 15, 2016 /PRNewswire/ — Brandywine Realty Trust (NYSE: BDN) announced today that it has signed a long term lease with FreedomPay, Inc., a global leader in payment and commerce technologies, to lease 24,799 square feet at Brandywine’s newly developed FMC Tower at Cira Centre South, in the University City section of downtown Philadelphia.  FMC Tower is a progressively-designed, 725′ Vertical Neighborhood, comprised of office, residential, hotel, restaurant, amenity, and elevated outdoor space.

With the explosion of new commerce technologies around the world like EMV, mobile wallets and bank card security, FreedomPay has experienced rapid growth and plans to move nearly 150 employees into its new Philadelphia corporate headquarters at FMC Tower.  The company supports billions of transactions across disparate industries and has built its reputation on the ability to multiplex instore, online and on-mobile transactions seamlessly for both small business operators and the largest global enterprises.

The move enables FreedomPay to tap into the region’s growing high tech presence with the potential for co-ops and work study programs with area universities, and reinforces FreedomPay’s commitment to delivering the most innovative technology solutions for today’s complex global commerce market.

“We have been a client of Brandywine for many years and have been tracking the FMC Tower project.  Our decision to move into Philadelphia is a vote of confidence for the city itself and our desire to become an integral part of Philadelphia’s emerging tech presence,” said Tom Durovsik, Founder and Chief Executive Officer at FreedomPay.

Read full press release here.