SAN DIEGO, April 15 /PRNewswire-FirstCall/ -- BioMed Realty Trust, Inc. (NYSE: BMR) today announced that Mark Riedy will retire from its board of directors concurrently with the company's annual meeting of stockholders, scheduled for May 21, 2008.
Dr. Riedy, the Ernest W. Hahn Professor of Real Estate Finance and Executive Director of the Burnham-Moores Center for Real Estate at the University of San Diego, has been a member of the company's board of directors since its initial public offering in 2004, and also served as a member of the board's compensation committee and as past chair and current member of the board's audit committee.
"We are thankful for all of Mark's valuable contributions to BioMed over the past four years," said Alan Gold, President and Chief Executive Officer of BioMed Realty Trust. "During his tenure, BioMed has grown from 13 properties, representing an aggregate of 2.3 million rentable square feet, at its initial public offering in 2004 to 68 properties, representing 8.5 million rentable square feet and 1.9 million square feet of development in progress, which are positioned in some of the country's most sought-after locations for life science space. His insight and experience have helped advance BioMed to where it is today, with the solid financial and operational foundation upon which we will continue to execute on our mission of being the leading provider of real estate to the life science industry."
About BioMed Realty Trust
BioMed Realty Trust, Inc. is a real estate investment trust (REIT)
focused on Providing Real Estate to the Life Science Industry(R). The
company's tenants primarily include biotechnology and pharmaceutical
companies, scientific research institutions, government ag
|SOURCE BioMed Realty Trust, Inc.|
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