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BioMed Realty Trust Reports Second Quarter 2008 Financial Results
Date:7/30/2008

SAN DIEGO, July 30 /PRNewswire-FirstCall/ -- BioMed Realty Trust, Inc. (NYSE: BMR), a real estate investment trust focused on providing real estate to the life science industry, today announced financial results for the second quarter ended June 30, 2008.

Highlights:

-- Funds from operations (FFO) for the quarter were $34.5 million, or

$0.47 per diluted share

-- Executed 14 leasing transactions during the quarter representing gross

leasing volume of approximately 327,000 square feet, up from 127,000

square feet of gross leasing volume in the prior quarter:

o Nine new leases totaling approximately 224,000 square feet --

including a 10-year, 144,000 square foot lease with DayStar

Technologies, Inc. at the Pacific Research Center

o Five leases amended to extend their terms totaling approximately

103,000 square feet

-- Achieved substantial completion of core and shell construction at three

of our development properties:

o Two of the three buildings under construction at our Landmark at

Eastview campus in New York, representing 230,000 square feet and

leased to Regeneron Pharmaceuticals, Inc.

o 94,000 square foot laboratory and office facility at our 530

Fairview Avenue property in Seattle

o 84,000 square foot laboratory and office facility at our Towne

Centre Drive campus in San Diego ahead of schedule, with Illumina,

Inc. taking partial occupancy in July 2008

-- Initiated deliveries of space to four tenants, Beth Israel Deaconess

Medical Center, Inc., Children's Hospital Corporation, Dana Farber<
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SOURCE BioMed Realty Trust, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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