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BioMed Realty Trust Reports Third Quarter 2010 Financial Results
Date:11/3/2010

asing transactions during the quarter representing approximately 231,700 square feet, comprised of:

  • Ten new leases totaling approximately 90,400 square feet, including:
  • 40,900 square foot lease at the company's Graphics Drive property in Ewing, New Jersey.
  • 25,200 square foot lease at the company's Bridgeview Technology Park property in Hayward, California.
  • Four leases amended to extend their terms, totaling approximately 141,300 square feet.

  • During the quarter ended September 30, 2010, the company completed the following acquisitions:

  • 4570 Executive Drive in the University Towne Centre submarket of San Diego, California, a single building property of approximately 125,000 square feet which is fully leased to Amylin Pharmaceuticals, Inc., Bristol-Myers Squibb Company, and the University of California, San Diego.
  • 10240 Science Center Drive, a single building property of approximately 49,000 square feet in the Torrey Pines life science submarket of San Diego which is 100% leased to eBioscience, Inc.
  • 11388 Sorrento Valley Road, a single building property of approximately 36,000 square feet in the Sorrento Valley life science submarket of San Diego which is fully leased to Halozyme Therapeutics, Inc. and Siemens Medical Solutions.
  • 4775 and 4785 Executive Drive in the University Towne Centre life science submarket of San Diego, which encompasses a development site representing approximately 166,000 square feet, including a partially completed life science building comprising approximately 63,000 square feet and a land parcel with permits in place for a second building totaling approximately 103,000 square feet.
  • Paramount Parkway in North Carolina's Research Triangle submarket comprising approximately 61,600 square feet which is 100% leased to Bayer CropSciences, a subsidiary of Bayer AG.

  • As of September 30, 2010, BioMed owned or had interests in 125 buildings, located predomin
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    SOURCE BioMed Realty Trust, Inc.
    Copyright©2010 PR Newswire.
    All rights reserved

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