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BioMed Realty Trust Reports First Quarter 2013 Financial Results
Date:5/1/2013

SAN DIEGO, May 1, 2013 /PRNewswire/ -- BioMed Realty Trust, Inc. (NYSE: BMR), a real estate investment trust (REIT) that delivers optimal real estate solutions for the life science industry, today announced financial results for the first quarter ended March 31, 2013.

First Quarter 2013 Highlights

  • Executed 29 leasing transactions during the quarter representing approximately 583,700 square feet, contributing to an operating portfolio leased percentage on a weighted-average basis of approximately 91.7% at quarter end, and comprised of:
  • 16 new leases totaling approximately 419,700 square feet, highlighted by:
  • a pre-lease with Life Technologies Corporation for approximately 204,900 square feet at the company's Science Center at Oyster Point property in South San Francisco, California;
  • a pre-lease with Momenta Pharmaceuticals, Inc. for approximately 104,700 square feet at the company's 320 Bent Street property in Cambridge, Massachusetts;
  • a lease expansion with Risk Management Solutions for approximately 31,500 square feet at the company's Pacific Research Center (PRC) in Newark, California; and
  • a new lease with a global pharmaceutical company for approximately 30,200 square feet at the company's Monte Villa property in Bothell, Washington.
  •  13 lease renewals totaling approximately 164,000 square feet, highlighted by:
  • a lease extension with Momentive Performance Materials, Inc. for approximately 61,900 square feet at the company's The Landmark at Eastview campus in Tarrytown, New York; and
  • a lease extension with Fujifilm Diosynth Biotechnologies for approximately 30,600 square feet at the company's 3000 Weston Parkway property in Cary, North Carolina.
  • In connection with the new Life Technologies lease at the company's Science Center at Oyster Point, the company entered i
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  • SOURCE BioMed Realty Trust, Inc.
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