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Prepared and filed by St Ives Financial
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<p align="center"><font face="serif" size="4">UNITED STATES<br>
SECURITIES AND EXCHANGE COMMISSION<br>
</font><font size="2" face="serif">Washington, D.C. 20549</font></p>
<p align="center"><b><font face="serif" size="5">FORM 8-K<br>
</font></b><b><font face="serif" size="4">CURRENT REPORT</font></b></p>
<p align="center"><font size="2" face="serif"><b>Pursuant To Section 13 or 15(d)<br>
</b></font><font size="2" face="serif"><b>of the Securities Exchange Act of 1934</b></font></p>
<p align="center"><font face="serif" size="3">Date of Report (Date of earliest event reported): January 9, 2007</font></p>
<p align="center"><b><u><font face="serif" size="4">B<small>RANDYWINE</small> O<small>PERATING</small> P<small>ARTNERSHIP</small>, L.P.<br></font></u></b>(Exact name of issuer as specified in charter)</p>  <table width="100%" cellspacing="0" cellpadding="0" border="0">
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<td align="center" width="29%"><font size="2" face="serif"><b>DELAWARE</b><br>
(State or Other Jurisdiction<br>
of Incorporation or<br>
Organization)</font></td>
<td align="left" width="4%"><font size="2" face="serif">&nbsp;</font></td>
<td align="center" width="33%"><font size="2" face="serif"><b>000-24407</b><br>
(Commission<br>
file number)</font></td>
<td align="left" width="4%"><font size="2" face="serif">&nbsp;</font></td>
<td align="center"><font size="2" face="serif"><b>23-2862640</b><br>
(I.R.S. Employer<br>
Identification Number)</font></td>
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<p align="center"><font size="2" face="serif"><b>555 East Lancaster Avenue, Suite 100<br>
</b></font><font size="2" face="serif"><b>Radnor, Pennsylvania 19087<br>
</b></font><font size="2" face="serif">(Address of principal executive offices)</font></p>
<p align="center"><font size="2" face="serif"><b>(610) 325-5600<br>
</b></font><font size="2" face="serif">(Registrant&#8217;s
telephone number, including area code</font></p>
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<p align="left"><font size="2" face="serif"><b>Item 5.02&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Departure of Directors or Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</b></font></p>
<p align="left"><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On January 9, 2007, we appointed Darryl M. Dunn as our Vice President, Chief Accounting Officer and Treasurer.  Mr. Dunn, age, 40, joins us from Talk America Holdings, Inc., a communications service provider headquartered in New Hope, Pennsylvania where he served as corporate controller from January 3, 2006 until December 14, 2006.  From December 1997 until July 29, 2005, Mr. Dunn served in various positions at Amkor Technology, Inc., a subcontractor of semiconductor packaging and test services headquartered in Chandler, Arizona, including Vice President and Corporate Controller from May 1, 2001 until July 29, 2005.  Neither Talk America nor Amkor Technology is affiliated with us.  Mr.
Dunn will join us on or about January 15, 2007.</font></p>
<p align="left"><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Under the terms of an &#8220;at will&#8221; employment letter agreement (a copy of which we have attached as Exhibit 10.1 to this Form 8-K), we will pay Mr. Dunn an annual base salary of $195,000 and Mr. Dunn will be eligible to receive an annual incentive compensation award in the form of a cash bonus between 25% and 30% of his annual base salary and in the form of common shares or an equity-based award with a fair market value at grant equal to between 25% and 30% of his annual base salary.  We have attached a copy of the employment letter agreement as Exhibit 10.1 to this Form 8-K.</font></p>
<p align="left"><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mr. Dunn is a licensed certified public accountant with the Commonwealth of Pennsylvania and holds a bachelor&#8217;s of science degree in accounting from Widener University.</font></p>
<p align="left"><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As we previously reported in a Form 8-K filed on September 21, 2006, Scott Fordham&#8217;s last day with us as our chief accounting officer was on January 5, 2007.</font></p>
<p align="left"><font size="2" face="serif"><b>Item 9.01&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial Statements and Exhibits.</b></font></p>
<p align="left"><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)  Exhibits:</font></p>
<p align="left"><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exhibit 10.1&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Employment letter agreement with Darryl M. Dunn.</font></p>
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<p align="center"><font size="2" face="serif"><b>Signatures</b></font></p>
<p align="left"><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.</font></p>
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<td width="50%"><font size="2" face="serif">&nbsp;</font></td>
<td colspan="2"><font size="2" face="serif">B<small>RANDYWINE</small> O<small>PERATING</small> P<small>ARTNERSHIP</small>, L.P., <small>BY</small><br>
B<small>RANDYWINE</small> R<small>EALTY</small> T<small>RUST</small>, G<small>ENERAL PARTNER</small></font></td>
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  <td><font size="2" face="serif">Date: January 9, 2007</font></td>
  <td><font size="2" face="serif">By:</font></td>
  <td align="left"><font size="2" face="serif"><u>/s/ Gerard H. Sweeney</u></font></td>
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  <td>&nbsp;</td>
  <td>&nbsp;</td>
  <td align="left"><font size="2" face="serif">Gerard H. Sweeney<br>
    President and Chief Executive Officer</font></td>
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Prepared and filed by St Ives Financial
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant To Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 9, 2007
B
RANDYWINE
O
PERATING
P
ARTNERSHIP
, L.P.
(Exact name of issuer as specified in charter)
DELAWARE
(State or Other Jurisdiction
of Incorporation or
Organization)
000-24407
(Commission
file number)
23-2862640
(I.R.S. Employer
Identification Number)
555 East Lancaster Avenue, Suite 100
Radnor, Pennsylvania 19087
(Address of principal executive offices)
(610) 325-5600
(Registrant's
telephone number, including area code
Item 5.02     Departure of Directors or Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 9, 2007, we appointed Darryl M. Dunn as our Vice President, Chief Accounting Officer and Treasurer.  Mr. Dunn, age, 40, joins us from Talk America Holdings, Inc., a communications service provider headquartered in New Hope, Pennsylvania where he served as corporate controller from January 3, 2006 until December 14, 2006.  From December 1997 until July 29, 2005, Mr. Dunn served in various positions at Amkor Technology, Inc., a subcontractor of semiconductor packaging and test services headquartered in Chandler, Arizona, including Vice President and Corporate Controller from May 1, 2001 until July 29, 2005.  Neither Talk America nor Amkor Technology is affiliated with us.  Mr.
Dunn will join us on or about January 15, 2007.
Under the terms of an "at will" employment letter agreement (a copy of which we have attached as Exhibit 10.1 to this Form 8-K), we will pay Mr. Dunn an annual base salary of $195,000 and Mr. Dunn will be eligible to receive an annual incentive compensation award in the form of a cash bonus between 25% and 30% of his annual base salary and in the form of common shares or an equity-based award with a fair market value at grant equal to between 25% and 30% of his annual base salary.  We have attached a copy of the employment letter agreement as Exhibit 10.1 to this Form 8-K.
Mr. Dunn is a licensed certified public accountant with the Commonwealth of Pennsylvania and holds a bachelor's of science degree in accounting from Widener University.
As we previously reported in a Form 8-K filed on September 21, 2006, Scott Fordham's last day with us as our chief accounting officer was on January 5, 2007.
Item 9.01     Financial Statements and Exhibits.
(d)  Exhibits:
Exhibit 10.1     Employment letter agreement with Darryl M. Dunn.
Signatures
Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
B
RANDYWINE
O
PERATING
P
ARTNERSHIP
, L.P.,
BY
B
RANDYWINE
R
EALTY
T
RUST
, G
ENERAL PARTNER
Date: January 9, 2007
By:
/s/ Gerard H. Sweeney
Gerard H. Sweeney
President and Chief Executive Officer