Corporate Profile
BioMed Realty Trust is a real estate investment trust (REIT)
formed in April 2004 to succeed to the business of Bernardo
Property Advisors, Inc. and its affiliated entities. We are
focused on Providing Real Estate to the Life Science
Industry®. Our tenants primarily include biotechnology and
pharmaceutical companies, scientific research institutions,
government agencies and other entities involved in the life
science industry.
We currently own or
have interests in 69 properties, which include 112 buildings
with 10.4 million rentable square feet of life science and
laboratory real estate, including approximately 1.9 million square feet of
development in progress.
We also own undeveloped land parcels adjacent to our
existing properties that we estimate can support up to 1.4
million rentable square feet.
These properties are located
predominantly in the major U.S. life science markets of
Boston, San Diego, San Francisco, Seattle, Maryland,
Pennsylvania and New York/New Jersey, which have well
established reputations as centers for scientific research. We own a 100% interest in all of our properties, except for
10 properties in which unaffiliated third parties own interests. We operate as a fully integrated, self-administered and self-managed REIT, providing management, leasing and development services to our properties.
Our senior management team has significant experience in the real estate industry, principally focusing on properties designed for life science tenants. In particular, prior to forming BioMed Realty Trust, our Chief Executive Officer, Alan D. Gold, and Executive Vice President, Gary A. Kreitzer, together were involved in acquiring and developing properties suitable for life science tenants representing more than $490.0 million in asset value. Messrs. Gold and Kreitzer founded Bernardo Property Advisors, a private real estate company focused on properties suitable for tenants operating in the life science industry, and prior to Bernardo Property Advisors, were among the founders of a publicly traded REIT, Alexandria Real Estate Equities, Inc., which also specializes in investing in properties suitable for life science tenants. Mr. Gold served as President until August 1998 and as a director until December 1998, and Mr. Kreitzer served as Senior Vice President and In-House Counsel until December 1998, of Alexandria.
Our Executive Vice President, John F. Wilson, II, joined Bernardo Property Advisors in late 1998. Together, while at Bernardo Property Advisors, Messrs. Gold, Kreitzer and Wilson focused their attention on acquiring, developing and managing well-located life science and medical office facilities in the San Diego and San Francisco markets. Matthew G. McDevitt, our Executive Vice President,
Acquisitions and Leasing, joined our management team in 2004 with over 15 years of experience in the life science real estate industry on the East Coast, including seven years as President of McDevitt Real Estate Services, Inc. R. Kent Griffin, our Chief Financial Officer, joined BioMed in 2006 with over 12 years experience in real estate investment banking and accounting.
We believe that our management team has broad-based experience with the full spectrum of issues that affect the real estate market for life science tenants. |
