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BioMed Realty Trust Reports Fourth Quarter and Full-Year 2009 Financial Results
Date:2/10/2010

ney">$158.4 million, or $1.67 per diluted share.
  • Executed 58 leasing transactions representing over 1.5 million square feet:
    • 42 new leases totaling approximately 904,000 square feet.
    • 16 leases amended to extend their terms, totaling approximately 625,000 square feet.
  • Completed the following development projects:
    • 361,000 square foot corporate headquarters and research facilities at The Landmark at Eastview campus in Tarrytown, New York for Regeneron Pharmaceuticals, Inc., including a 230,000 square foot build-to-suit and 131,000 square feet of newly developed laboratory and office space subsequently leased to Regeneron.
    • 700,000+ square feet at the Center for Life Science | Boston, which achieved Gold LEED® certification.
    • 96,000 square feet at the Fairview Research Center in Seattle, Washington.
  • Further strengthened its balance sheet by completing the following transactions:
    • Closed on a $350 million loan for the Center for Life Science | Boston.
    • Closed on an $18 million loan for the company's 9865 Towne Centre Drive property in San Diego, California.
    • Closed on a $203 million secured loan facility for the company's joint venture with a fund managed by Prudential Real Estate Investors (PREI®) which owns, among other properties, approximately 600,000 square feet of life science space in Cambridge, Massachusetts.
    • Increased the aggregate borrowing capacity on its unsecured line of credit to

    SOURCE BioMed Realty Trust, Inc.
    Copyright©2010 PR Newswire.
    All rights reserved

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