“Fortune 100 and 500 companies are taking sustainability and social responsibility more and more seriously and demanding supply chain information. Newsweek has published statistics on these companies and has rated their sustainability commitments. While we do not have on overabundance of Fortune 100 and 500 users in our portfolio, as large consumers of space, their continued focus here will make them a likely target for buildings that demonstrate the attributes they are interested in. By way of example, Wells Fargo has now mandated carbon footprint reduction for all operations. Thus, from on high this mandate will ripple through the organization and result in various demands/requests of their California operations, and by extension will impact us in having to provide information and an approach if we want to be a value-add for them, noting they are in a multi-year lease so have little choice now but they will in the future.”—Brad Molotsky
Full Biography:
Along with being the executive vice president, general counsel and secretary of Brandywine Realty Trust, Brad Molotsky runs Brandywine Environments, Brandywine’s portfolio-wide sustainability initiative. Brandywine specializes in the ownership, management, leasing and development of class-A commercial office properties in selected markets throughout the United States, owning and managing over 36 million sq. ft. of office product. Molotsky joined Brandywine as General Counsel and Secretary in October 1997. Previously, he was a commercial transactions attorney at Pepper Hamilton LLP in Philadelphia.
Molotsky serves as the vice chair of the Real Estate Roundtable’s sustainability taskforce, as a member of the advisory board of the Greater Philadelphia Innovation Cluster—Commercial Buildings, as the co-chair of the New Jersey energy committee and member of the sustainability forum of the National Association of Office Properties. He is also a member of the Delaware Valley Green Building Council (DVGBC), the New Jersey Green Building Council and the Sustainability Roundtable Inc.
Molotsky has been elected to membership in the American College of Real Estate Lawyers and the American College of Mortgage Attorneys. He has also been selected as a Pennsylvania Super Lawyer each year since 2004 and has been accepted to Cambridge Who’s Who among Executives, Professionals and Entrepreneurs, Biltmore Who’s Who and Strathmore Who’s Who since 2004. He is a frequent lecturer for the American Law Institute, NAIOP, ULI, and the American Bar Association on leasing, sustainability, REITs and mergers and acquisitions. For the past three years, he has hosted an annual Sustainability Symposium in Pennsylvania and New Jersey which has drawn over 625 attendees.
He received a B.S. in accounting from the University of Delaware, graduating cum laude, and an M.B.A./J.D. from Villanova University’s School of Law and the College of Business and Finance with cum laude distinction.