SAN DIEGO, CA—BioMed RealtyTrust, Inc., a real estate investment trust (REIT) that delivers optimal real estate solutions for the life science industry, today announced financial results for the fourth quarter and full-year ended December 31, 2012.
Fourth Quarter 2012 Highlights
- Executed 30 leasing transactions during the quarter representing approximately 624,900 square feet, driving the total operating portfolio leased percentage on a weighted-average basis to approximately 92.1% at quarter end, comprised of:
o 13 new leases totaling approximately 256,600 square feet, highlighted by:
§ a lease expansion with Ironwood Pharmaceuticals, Inc. for 93,000 square feet at the company's 301 Binney Street property in Cambridge, Massachusetts; and
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
