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Our Values

At BioMed Realty, we strive to be a responsible steward of the earth’s resources by promoting sustainable development practices and operations. In addition, we actively participate and support charitable initiatives and non-profits in our communities that advance healthcare and cutting-edge research. Being a global life science platform for biopharma companies focused on innovative research and drug discovery, we conduct ourselves by the highest standards, informed by our Code of Business Conduct and Ethics that reflect our values and promote honesty, transparency, integrity and accountability. We pledge to continue dedicating our efforts to advance these important initiatives, and we are excited to share our progress with all of our stakeholders.

Center for Novel Therapeutics

Sustainable Developments and Operations

We value sustainable practices and consider them a key part of our strategy to grow our business and operations. Our goal is to build state-of-the-art properties that also deliver energy efficient, sustainable solutions to our clients and communities.

ESG 2023 Highlights

BioMed Realty Announces 2023 ESG Achievements: Portfolio Earns Top 5 Star Rating in 2023 GRESB Real Estate Assessment


We are a portfolio company within Blackstone's Core + Life Sciences Real Estate strategy, which achieved a 5 Star Rating in the 2023 GRESB Real Estate Assessment, the leading ESG benchmark for real estate and infrastructure investments across the world.

  • leed® certified buildings

    In total, we have a portfolio of 5.2mm sf of buildings certified by the Leadership in Energy and Environmental Design (LEED®) of the U.S. Green Building Council.

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  • transportation

    We have implemented transportation programs that have saved an estimated 286,000 metric tons of carbon dioxide emissions.

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  • Environmental Remediation

    $50M remediation plans in place for removal and treatment of contaminated soil and hazardous materials to revitalize “brownfield” development sites.

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Case Studies

Gateway of Pacific

South San Francisco, CA

Gateway of Pacific is a new landmark, located on the most prominent corner of South San Francisco, featuring a flexible and stimulating work environment in a highly sustainable setting. This fully integrated 2 million square foot multi-phase campus will be constructed to the highest institutional standards, with state-of-the-art building systems, a first-class amenity center, bay and mountain views and premier office and laboratory space.

Among the important sustainability features of Gateway of Pacific are:

  • Targeting LEED® Gold certification
  • Phase I received LEED® Platinum Certification
  • Base-building HVAC with air handling units for each building and the amenity center
  • High-efficiency and expandable central chilled water plant
  • Central chillers to take advantage of diversity and provide redundancy
  • Solar panels on amenity center generating on-site renewable energy
  • System in place to harvest rainwater and condensate from the tower roof to feed the toilets/urinals in Traverse, the amenities building
  • Water-efficient fixtures in the bathrooms
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1 / 5

500 Kendall

Cambridge, MA

This 13-story building utilizes innovative, environmentally intelligent design and received the AIA 2004 Excellence in Sustainable Design Award and the AIA COTE 2004 Top Ten Green Projects Award. The building received LEED® Platinum certification.

Among the important sustainability features of 500 Kendall Street are:

  • All onsite parking is below grade
  • The roof of the building uses plant materials and a reflective surface
  • The vegetated roof and skylight rainwater collection system to reduce storm water runoff by 25 percent
  • Reflective lighting, controlling indoor lights, and shading with an automated blind system after dark
  • Integrated building management system that controls all 30,000 automation points
  • Operable windows and lighting controls for perimeter workspaces
  • Central 12-story atrium, maximizes natural light and views throughout the interior
  • Central heating and cooling systems powered with steam from an adjacent power plant
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1 / 5

Center for Life Science | Boston

Boston, MA

This 700,000+ square foot research center that includes laboratory and office space in the heart of Boston’s Longwood Medical Area is surrounded by world-class life science research institutions, hospitals and bio/pharma companies. The building received LEED® Gold certification.

Among the important sustainability features of the Center for Life Science | Boston are:

  • Improved energy efficiency through technology (SmartStack™) to optimize lab exhaust systems
  • Site storm water management
  • No surface parking
  • Energy Star roofing
  • Water use reduction from low flow lavatories and capturing of RODI reject water to serve toilet cores
  • Increased ventilation rates by 30% over baseline standards
  • Designated area for recycling
  • Exterior design and interior design guidelines maximizing availability of daylighting and views
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1 / 5


San Diego, CA

This iconic, state-of-the-art campus received LEED® Platinum certification and features lush landscaping, natural light, and three levels of subterranean parking.

Among the important sustainability features of i3 are:

  • On-site fuel cell renewable energy generation
  • Extensive exterior glazing with operable windows
  • Green roof tray system with native sedums and plantings on each of the three buildings
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1 / 5

Center for Novel Therapeutics

La Jolla, CA

Located on 30 acres in the heart of the UC San Diego Science Research Park, the Center for Novel Therapeutics features sustainable design and construction in keeping with the shared values of UC San Diego and BioMed Realty. This LEED® Gold certified building also includes many environmentally friendly elements:

  • Walking distance from the Blue Line Trolley
  • High-efficiency water-cooled central cooling and heating plant with variable frequency drives and a VAV air handling system
  • LED light fixtures throughout the building
  • Renewable energy from photovoltaic panels and building integrated photovoltaic panels in the glass roof of the atrium
  • Recycled water for the cooling tower and landscape irrigation
  • Demand responsive controls and ventilation
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1 / 5

Social Responsibility

We succeed through integrity, trust and loyalty. BioMed Realty vigorously opposes discrimination of any kind. We believe in strong respect of the individual, and that diversity in background and experience strengthens the organization. BioMed Realty is committed to supporting the communities in which we work and live. We actively support and participate in creating strong, long-term relationships with non-profit organizations and advance novel life science research and transformative healthcare. Employees’ individual philanthropic efforts receive corporate support through event sponsorship, direct company donations and time off for volunteering.

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(1) Represents data for all US based full-time employees as of December 31, 2023, unless stated otherwise.

(2) Full-Time employee group includes all categories. Executive, Senior Management and Management/Admin.

(3) Executive Group refers to our Chief Executive Officer, Presidents, and Executive Vice Presidents.

(4) Senior Management refers to our Senior Vice Presidents, Vice Presidents, Senior Directors, Directors, Controllers and Assistant Controllers.

(5) The BOSTON/CAMBRIDGE region includes US full-time employees based in Massachusetts, Pennsylvania, Florida, Louisiana, and Maryland.

(6) Minorities are defined to include individuals of Asian, Black/African American, Hispanic/Latino, Native Hawaiian or Pacific Islander, or multiracial background.

(7) Represents the average voluntary turnover rate over fiscal year 2023 from January 1, 2023 to December 31, 2023, excluding interns and part-time. employees.

(8) Average Tenure includes 1/1/24 promos.

(9) Senior Management Tenure includes Senior Management and Executive Group categories.

Among the 80+ organizations receiving support and sponsorship from us are:

Corporate Governance

We value strong corporate governance in accordance with all applicable laws, rules, regulations and policies as essential to our mission. We expect our executive management team, our employees and those who we do business to conduct themselves in accordance with the highest moral and ethical standards, informed by robust Codes of Business Conduct and Ethics that reflect our values, and promotes honesty, transparency, integrity and accountability.

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