Brandywine Realty Trust, a publicly traded real estate company and one of the largest commercial developers in Austin, announced Aug. 4 it purchased IBM’s share of the Broadmoor campus located off MoPac Expressway, across from The Domain in Northwest Austin. IBM, previously a venture partner with Brandywine, has occupied the campus since it was developed in 1991. In a July 22 financial report, Brandywine disclosed it paid $92.6 million cash for IBM’s 50 percent share and assumed and repaid a $51.2 million secured mortgage. Brandywine is now sole owner of the seven building, 1 million square-foot, 66-acre office campus. Spokesperson Brian Dolezal said IBM will remain at Broadmoor, but it soon will not be the only tenant. In a press release, the developer said it is creating a master plan to turn the campus into a mixed-use, multi-tenant complex that will offer amenities for workers. In a press release, Bill Redd, Brandywine’s executive vice president and senior managing director for Austin, said, “Our master planning and capital investment efforts will reflect not only the repositioning that is taking place in Austin, but also our own platinum standards for delivering exceptional customer service and a quality, thoughtful development that builds on the expanding success of the Northwest Austin market.” Brandywine owns several other developments in the city, including Four Points Centre, an office complex near the intersection of RM 620 and FM 2222.