BNET Industries

Market Cap:$1.3B
Last Fiscal Year Sales:$301.9M
  • Public
  • US
Dow Jones Description

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 68 properties, which include 103 buildings with 8.5 million rentable square feet of life science and laboratory real estate, as well as approximately 1.9 million square feet of development in progress. 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 11 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,...

Chairman & CEO
Alan D. Gold
Number of Employees 126
Contact Information

17190 Bernardo Center Dr

San Diego, California 92128-2088

biomedrealty.co...

(858) 485-9840

NAICS Code : 525930

Recent Events

  • RBC Capital Markets Corp raises BioMed Realty Trust Inc. to 'sector perform'

    11/02/09 - Bond / Stock Rating - View Story

  • RBC Capital Upgrades BioMed Realty Trust BMR to Sector Perform

    11/02/09 - Bond / Stock Rating - View Story

  • REIT Replay: A fistful of earnings

    10/29/09 - Financial Announcement - View Story

  • BioMed Realty Trust Declares Third Quarter 2009 Common Stock and Preferred Stock...

    9/15/09 - Stock Split / Dividend - View Story

  • Robert W. Baird & Co. upgrades BioMed Realty Trust Inc. to 'outperform'

    8/31/09 - Bond / Stock Rating - View Story

  • BioMed Realty Trust To Report 2009 Second Quarter Results

    7/22/09 - Financial Announcement - View Story

News & Analysis

biomed realty trust inc. - All News and Analysis

  • BioMed Realty Trust Inc. Q4 2007 Earnings Call Transcript

    Seeking Alpha - 2008-02-29

    Question-and-Answer SessionOperator Operator Instructions. And your first question comes from the line of Paul Puryear from Raymond James. Please proceed. Paul Puryear - Raymond James Thank you. Good morning guys. Alan Gold Good morning, Paul. Kent Griffin Good morning. Paul Puryear - Raymond James Nice overview. Alan, when you...

    Tags: Biomed Realty Trust Inc.

  • BioMed Realty Trust Inc. Q3 2007 Earnings Call Transcript

    Seeking Alpha - 2007-11-08

    Question-and-Answer SessionOperator Operator Instructions And your first question comes form the line of Paul Puryear of Raymond James, please proceed Paul Puryear - Raymond James Hey good morning guys. Alan, you might expect me start at PRC a big surprise I guess but our first question there is...

    Tags: Biomed Realty Trust Inc.

Decision Makers

Name (plus bio) Position
R Kent Griffin President, CFO & COO
Greg Lubushkin Vice President, Chief Accounting Officer
Karen A. Sztraicher Chief Accounting Officer & Vice President
Matthew G. McDevitt Regional Executive Vice President
William A Gartner Senior Vice President, Real Estate Operations
John P Bonanno Vice President, Development
Jonathan P Klassen Vice President, Legal
Kevin M. Simonsen Vice President, Real Estate Counsel
Gary A. Kreitzer Executive Vice President, General Counsel and Director
Jim Brierley Project Director, The Landmark, East
Breianna Bowen Human Resources Manager
Barbara R. Cambon Director
Bill Kane Director
Edward A Dennis Director
Mark J. Riedy Director
Rick Howe Director
Theodore D. Roth Director

Board of Directors

Name (plus bio) Position
Alan D. Gold Chairman & CEO
Faye Wilson Board of Directors
M. Faye Wilson Board of Directors
Margaret Faye Wilson Board of Directors
Richard I Gilchrist Board of Directors

Alan D. Gold has served as Chairman and Chief Executive Officer since our formation in 2004. He served as Chairman, President and Chief Executive Officer of BioMed's privately-held predecessor, Bernardo Property Advisors, Inc., since August 1998. Mr. Gold was a co-founder and served as President and a director of Alexandria Real Estate Equities, Inc., a publicly traded REIT specializing in acquiring and managing laboratory properties for lease to the life science industry, from its predecessor’s inception in 1994 until he resigned as President in August 1998 and as a director at the end of 1998. Mr. Gold served as managing partner of GoldStone Real Estate Finance and Investments, a partnership engaged in the real estate and mortgage business, from 1989 to 1994. He also served as Assistant Vice President of Commercial Real Estate for Northland Financial Company, a full service commercial property mortgage banker, from 1989 to 1990 and as Real Estate Investment Officer – Commercial Real Estate for John Burnham Company, a regional full service real estate company, from 1985 to 1989. Mr. Gold received his Bachelor of Science Degree in Business Administration and his Master of Business Administration from San Diego State University.

Organization Position Status
BioMed Realty Trust, Inc. Chairman & CEO Current
Alexandria Real Estate Equities Inc. President Former
Northland Financial Assistant Vice President of Commercial Real Estate Former
Alexandria Real Estate Equities Inc. Director Former
San Diego State University Master of Business Administration Former
San Diego State University Bachelor of Science Degree In Business Administration Former
San Diego State University Real Estate Finance Former

R. Kent Griffin, Jr. has served as President and Chief Operating Officer since December 2008. He continues to serve as the company's Chief Financial Officer, a position that he has held since March 2006. Mr. Griffin previously was part of the real estate investment banking group at Raymond James & Associates, Inc. where he was a Senior Vice President responsible for advising real estate clients on public and private equity and debt issuance, mergers and acquisitions, and other services. Prior to joining Raymond James in 2003, Mr. Griffin spent four years with JP Morgan in its global real estate investment banking group in both New York and San Francisco. Mr. Griffin was part of the real estate service group for Arthur Andersen LLP from 1992 to 1997, where he was responsible for a range of audit and advisory services as a certified public accountant. Mr. Griffin received a Master of Business Administration from the University of North Carolina and a Bachelor of Science Degree in Business and Accountancy from Wake Forest University. Mr. Griffin is a member of the National Association of Real Estate Investment Trusts.

Organization Position Status
BioMed Realty Trust, Inc. President, CFO & COO Current
National Association of Real Estate Investment Trusts, Inc. Certified Public Accountant and Member Current
National Association of Real Estate Investment Trusts, Inc. Board of Directors Current
Raymond James Ltd. Former
The University of North Carolina Master of Business Administration Former
Wake Forest University Bachelor of Science Degree In Business and Accountancy Former

Greg N. Lubushkin has served as our Vice President, Chief Accounting Officer since April 2007. From November 2004 to March 2007, Mr. Lubushkin served as Chief Accounting Officer of ECC Capital Corporation, a publicly traded mortgage REIT that invests in residential mortgage loans. From 1988 to 2004, Mr. Lubushkin was an audit partner, and from 1977 to 1988 a staff member, of PricewaterhouseCoopers LLP, a public accounting firm. Mr. Lubushkin received a Bachelor of Science Degree in Business Administration (Accounting and Finance emphasis) from the University of California at Berkeley. Mr. Lubushkin is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants and the California Society of Certified Public Accountants.

Organization Position Status
BioMed Realty Trust, Inc. Vice President, Chief Accounting Officer Current
California Society of Certified Public Accountants Board of Directors Current
ECC Capital Corporation Board of Directors Current
American Institute of Certified Public Accountants Board of Directors Current
California Society of Certified Public Accountants Member Current
American Institute of Certified Public Accountants Member Current
ECC Capital Corporation Chief Accounting Officer Former
University of California, Berkeley Bachelor of Science Degree In Business Administration Former

Karen A. Sztraicher has served as our Vice President, Finance and Treasurer since April 2007 and served as our Vice President – Chief Accounting Officer from March 2005 to April 2007, having joined us in August 2004 as Senior Controller. From 1999 to 2004, Ms. Sztraicher served as Chief Financial Officer of GMS Realty, LLC, and from 1997 to 1999 served as Vice President Accounting of GMS Realty, LLC a private real estate company focused on acquiring, developing and operating retail properties in the western United States. Ms. Sztraicher became a certified public accountant in 1988 and received her Bachelors of Science Degree, cum laude, from Cal State Polytechnic University, Pomona.

Organization Position Status
BioMed Realty Trust, Inc. Chief Accounting Officer & Vice President Current
GMS Realty LLC Chief Financial Officer Former
GMS Realty LLC Vice President Former

Matthew G. McDevitt has served as our Executive Vice President, Acquisitions and Leasing since February 2008 and served as our Regional Executive Vice President from February 2006 to February 2008, having joined us in 2004 as our Vice President, Acquisitions. Mr. McDevitt previously served as President of McDevitt Real Estate Services, Inc. (MRES), which Mr. McDevitt formed in October 1997 as a full service real estate provider focusing on the life science industry. Before founding MRES, Mr. McDevitt spent ten years as a commercial real estate broker in the Washington, D.C. metropolitan area. Mr. McDevitt received his Bachelor of Arts Degree in Business from Gettysburg College. He currently serves on the board of directors of the Massachusetts Chapter of the National Association of Industrial and Office Properties, and is a member of the Pennsylvania Biotechnology Association.

Organization Position Status
BioMed Realty Trust, Inc. Regional Executive Vice President Current
Massachusetts Chapter Board of Directors Current
BioMed Realty Trust, Inc. Vice President Former
Mres Founder Former
BioMed Realty Trust, Inc. Regional Executive Former
BioMed Realty Trust, Inc. Board of Directors Former
Gettysburg College Bachelor of Arts Degree In Business Former

William A. Gartner has served as our Senior Vice President, Real Estate Operations since January 2007 and as our Vice President of Real Estate Operations from August 2004 to February 2007. From April 2000 to August 2004, Mr. Gartner was a Principal of William A. Gartner Real Estate Investments, a real estate consulting, brokerage and investment services company. From 1997 to 2000, Mr. Gartner served as Vice President and Regional Manager for CRIIME MAE Inc., a commercial mortgage REIT. From 1993 to 1997, Mr. Gartner served as Vice President and Managing Director of Paul Revere Insurance Group, a life and disability insurance company and a subsidiary of Textron Inc. From 1989 to 1993, Mr. Gartner served as Senior Vice President and Managing Director of Textron Investment Management Company. Mr. Gartner received a Bachelor of Science Degree from Farleigh Dickinson University and a Master of Science in Business Administration from the University of Massachusetts at Amherst.

Organization Position Status
BioMed Realty Trust, Inc. Senior Vice President, Real Estate Operations Current
Fairleigh Dickinson University Bachelor of Science Degree Former

John P. Bonanno has served as our Vice President, Development since April 2008. From 2000 to 2007, Mr. Bonanno served as co-founder and President of Phase 3 Properties, Inc., where he specialized in providing real estate solutions to life science companies and participated in the acquisition, development, leasing and management of laboratory buildings in California, Seattle and North Carolina. From 1990 to 2000, Mr. Bonanno served in various positions at CB Richard Ellis in the San Diego office, having achieved the title of First Vice President in his first year eligible and having consistently earned Top 5 Producer recognition in the Investment Division. Mr. Bonanno received his Bachelor of Science Degree in Business Administration from the University of Southern California and is a licensed real estate broker in the state of California.

Organization Position Status
BioMed Realty Trust, Inc. Vice President, Development Current
Properties, Inc. President Former
Properties, Inc. Co-Founder Former

Jonathan P. Klassen has served as our Vice President, Legal since May 2007 and as our Secretary since December 2008. Mr. Klassen joined us in October 2004 as our Corporate Counsel and has served as a Vice President since December 2006. From August 2000 to September 2004, Mr. Klassen was an Associate in the Corporate Department of Latham & Watkins LLP, where he focused on corporate finance transactions, mergers and acquisitions and general company representation. Mr. Klassen received his Juris Doctor Degree, cum laude, and Bachelor of Arts Degree in Economics from the University of Pennsylvania. Mr. Klassen is a member of the California State Bar and San Diego County Bar Association.

Organization Position Status
BioMed Realty Trust, Inc. Vice President, Legal Current
Latham & Watkins Associate Former

Kevin M. Simonsen has served as our Vice President, Real Estate Counsel since December 2008. He was previously Senior Real Estate Counsel since April 2007 after joining us as Real Estate Counsel in March 2005. From August 2000 to March 2005, Mr. Simonsen was an Associate in the Finance and Real Estate Department of Latham & Watkins LLP. Mr. Simonsen received a Juris Doctor from the University of California at Berkeley School of Law (Boalt Hall). He received a Bachelor of Arts in English, and a Master of Arts in English in Literature, from the University of California, Irvine.

Organization Position Status
BioMed Realty Trust, Inc. Vice President, Real Estate Counsel Current
University of California, Berkeley, School of Law - Boalt Hall Juris Doctor Former
University of California, Irvine Master of Arts In English Former
University of California, Irvine Bachelor of Arts In English Former

Gary A. Kreitzer has served as our Executive Vice President, General Counsel and as a director since our formation in 2004. Mr. Kreitzer also served in the same role with Bernardo Property Advisors since December 1998. Mr. Kreitzer was a co-founder and served as Senior Vice President and In-House Counsel of Alexandria Real Estate Equities, Inc. from its predecessor’s inception in 1994 until December 1998. From 1990 to 1994, Mr. Kreitzer was In-House Counsel and Vice President for Seawest Energy Corporation, an alternative energy facilities development company. Mr. Kreitzer also served with The Christiana Companies, Inc., a publicly traded investment and real estate development company, in a number of roles from 1982 to 1989, including as In-House Counsel, Secretary and Vice President. Mr. Kreitzer received his Juris Doctor Degree, with honors, from the University of San Francisco and a Bachelor of Arts Degree in Economics from the University of California, San Diego. Mr. Kreitzer is a member of the California State Bar and the American Bar Association.

Organization Position Status
BioMed Realty Trust, Inc. Executive Vice President, General Counsel and Director Current
BioMed Realty Trust, Inc. Director Current
Alexandria Real Estate Equities Inc. Senior Vice President Former
Seawest Energy Corporation Vice President Former
Seawest Energy Corporation In, House Counsel Former
Alexandria Real Estate Equities Inc. In, House Counsel Former
University of San Francisco Juris Doctor Degree Former
University of California, San Diego Bachelor of Arts Degree In Economics Former

Organization Position Status
BioMed Realty Trust, Inc. Project Director, The Landmark, East Current

Organization Position Status
BioMed Realty Trust, Inc. Human Resources Manager Current
National Human Resources Association Board of Directors Current

Barbara R. Cambon is one of our independent directors. Ms. Cambon is also an independent director of KBS REIT I. Since October 2003, she has served as a Managing Member of Snowcreek Management LLC, a real estate asset-management company whose business activities focus on residential development projects for institutional investors. As Managing Member, Ms. Cambon provides asset management services to an institutional partnership investment in residential real estate development. She has been in the real estate investment business for 25 years, principally working with institutional capital sources and investment programs. From November 1999 until October 2002, she served as a Principal of Los Angeles-based Colony Capital, LLC, a private real estate investment firm, and from April 2000 until October 2002 she also served as Chief Operating Officer of Colony. Prior to joining Colony in 1999, Ms. Cambon was President and Founder of Institutional Property Consultants, Inc., a real estate consulting company. She is a past Director and Chairman of the Board of the Pension Real Estate Association and past Director of the National Council of Real Estate Investment Fiduciaries. Ms. Cambon serves on the board of directors and on the audit and corporate governance committees of BioMed Realty Trust, Inc., on the board of Neighborhood Bancorp and on the University of San Diego Burnham-Moores Real Estate Institute Policy Advisory Board. Ms. Cambon received a Master of Business Administration from Southern Methodist University and a Bachelor of Science Degree in Education from the University of Delaware.

Organization Position Status
Pension Real Estate Association, Inc Chairman of The Board Current
Kbs Real Estate Investment Trust II, Inc. Board of Directors Current
Kbs Real Estate Investment Trust, Inc. Board of Directors Current
BioMed Realty Trust, Inc. Director Current
The Colony Chief Operating Officer Former
Colony Capital, LLC Principal Former
Pension Real Estate Association, Inc Director Former
Southern Methodist University Master of Business Administration Former
University of Delaware Master of Business Administration Former
University of Delaware Bachelor of Science Degree In Education Former

Organization Position Status
BioMed Realty Trust, Inc. Director Current

Organization Position Status
University of California, San Diego Professor Current
Lipid Maps Director Current
Jeffrey S. Bland Board of Directors Current
Eicosanoid Research Foundation Board of Directors Current
Healthcomm, LLC Board of Directors Current
BioMed Realty Trust, Inc. Director Current
Brandeis University Visiting Scientist Former
Harvard Medical School Visiting Prof Former
Harvard University Doctorate Former
Harvard University Master of Arts Former
Yale University B.A. Former

M. Faye Wilson has been a director since 2005. Ms. Wilson is Chair of Wilson Boyles and Company LLC, a business management and strategic planning consulting firm, and has been a principal since 2003. She served on the board of directors of Farmers Insurance Group of Companies from 1993 through 2001 and the board of directors of The Home Depot, Inc. from 1992 through 2001. Ms. Wilson was also a senior officer of Home Depot from 1998 through 2002. From 1992 until 1998, Ms. Wilson served in several senior management roles at Bank of America Corporation including Chairman of Security Pacific Financial Services and Executive Vice President and Chief Credit Officer for Bank of America s National Consumer Banking Group. She earned her Masters Degrees in International Relations and Business Administration from the University of Southern California and an Undergraduate Degree from Duke University. She became a certified public accountant in 1961.

Organization Position Status
Wilson Boyles and Company Chair Current
BioMed Realty Trust, Inc. Board of Directors Current
Wilson Boyles and Company Principal Former
Duke University Undergraduate Degree Former

M. Faye Wilson has been a director since 2005. Ms. Wilson has been a principal of Wilson Boyles and Company, a business management and strategic planning consulting firm, since 2003. She served on the board of directors of Farmers Insurance Group of Companies from 1993 through 2001 and the board of directors of The Home Depot, Inc. from 1992 through 2001. Ms. Wilson was also a senior officer of Home Depot from 1998 through 2002. From 1992 until 1998, Ms. Wilson served in several senior management roles at Bank of America Corporation including Chairman of Security Pacific Financial Services and Executive Vice President and Chief Credit Officer for Bank of America’s National Consumer Banking Group. She earned her Masters Degrees in International Relations and Business Administration from the University of Southern California and an Undergraduate Degree from Duke University. She became a certified public accountant in 1961. Ms. Wilson is the chair of our Audit Committee and a member of our Nominating and Corporate Governance Committee.

Organization Position Status
BioMed Realty Trust, Inc. Board of Directors Current

Organization Position Status
BioMed Realty Trust, Inc. Board of Directors Current
Wilson Boyles and Company Chair Former
Duke University Undergraduate Degree Former

Organization Position Status
Pan Pacific Retail Properties, Inc. Board of Directors Current
Fannie Mae Chief Operating Officer Former
Fannie Mae Director Former
University of Michigan Doctorate Former
Washington University Master of Business Administration Former
Loras College Bachelor of Arts Degree In Economics Former

Rick Gilchrist is president of the Investment Properties Group for The Irvine Company. The Irvine Company is a 140-year-old, privately held company best known for the balanced, sustainable communities it has planned and developed on The Irvine Ranch in Orange County, California. Mr. Gilchrist joined The Irvine Company in 2006 as the new president of its office division, and oversaw all day-to-day aspects of the company's large and growing portfolio of office properties in Orange County, San Diego, West Los Angeles and Silicon Valley, including leasing, operations, marketing and finance functions. In 2007, he was named president of the company's Investment Properties Group. In this position, Mr. Gilchrist guides all aspects of The Irvine Company's office, retail, resort and apartment properties in Orange County, Los Angeles, San Diego and the Silicon Valley, including development, marketing and management. Mr. Gilchrist is considered one of the industry's most versatile and highly respected executives, having served as chief executive and founder of major public and private real estate companies with operations throughout the United States. Prior to joining The Irvine Company, Mr. Gilchrist served as president and co-chief executive of Maguire Properties Inc. in Los Angeles. At Maguire, he oversaw significant growth in the company's portfolio, both through acquisitions and development, and spearheaded the company's successful initial public offering in 2003. Before joining Maguire, Mr. Gilchrist served as president and chief executive of Commonwealth Atlantic Properties, where he managed the planning and entitlement of one of the East Coast's largest and most complex mixed-used projects, an 11 million-square-foot development called Potomac Yard. Mr. Gilchrist is chairman of the Whittier College Board of Trustees, where he received a Bachelor of Arts degree. He earned a law degree from the University of California, Los Angeles. In addition to its master-planned communities and portfolio of office properties, The Irvine Company also is known for its portfolios of high-quality apartment and retail properties. The company traces its roots to the 1860s with the assembly of The Irvine Ranch from Mexican and Spanish land grants. The Irvine Company was incorporated in 1894.

Organization Position Status
Investment Properties Group President Current
Orchard Hills Update Investment Properties Group, President Current
The Irvine Company Inc. President Current
BioMed Realty Trust, Inc. Board of Directors Current
Nationwide Health Properties Inc. Board of Directors Current
Reit Corp Chief Executive Officer Former
Reit Corp President Former
Reits Inc Chief Executive Former
Reit Corp Chief Executive Former
Reits Inc Founder Former
University of California, Los Angeles Degree Former
BioMed Realty Trust, Inc. President of the Investment Properties Former

Organization Position Status
BioMed Realty Trust, Inc. Director Current

Ted Roth joined Roth Capital Partners in 2003, following 15 years with Alliance Pharmaceutical Corp., a publicly-owned specialty pharmaceutical development company, most recently serving as President and Chief Operating Officer. On behalf of the company, he negotiated and executed several multi-million dollar collaborations, acquisitions, and divestitures, as well as public and private financing transactions. Prior to Alliance, he spent 10 years with a privately-held manufacturing company in various financial and management positions. He is on the Board of Directors of Alliance Pharmaceutical and BioMed Realty Trust, Inc (NYSE:BMR). Mr. Roth is also a member of the Boards of Directors of the San Diego Regional Chamber of Commerce (2002 Chairman), San Diego Children's Hospital & Health Center, the San Diego Padres Baseball Team, San Diego International Sports Council (2005 Chairman), the Pacific Life Holiday Bowl, BIOCOM/San Diego, and High Tech High School. He is past Chair of the California Democratic Leadership Council. He is a graduate of Iowa Wesleyan College, and has a J.D. from Washburn University and an LL.M. from the University of Missouri in Kansas City.

Organization Position Status
Roth Capital Partners LLC President and Chief Operating Officer Current
San Diego Regional Chamber of Commerce Special Team Current
Bmr Inc Board of Directors Current
UCSD-CONNECT Director Current
San Diego Regional Chamber of Commerce Board Director Current
Edvoice.Org Board of Directors Current
Alliance Pharmaceutical Corp Board of Directors Current
BioMed Realty Trust, Inc. Director Current
Padres L.P. Board of Directors Current
Orange 21 Inc. Board of Directors Current
Padres L.P. Member Current
San Diego International Sports Council Member Current
Alliance Pharmaceutical Corp President Former
Roth Capital Partners LLC Managing Director Former
San Diego International Sports Council Board Member Former
Pacific Life Holiday Bowl Board Member Former
Washburn University Juris Doctor Degree Former
University of Missouri Master of Laws In Corporate and Commercial Law Former
University of Missouri-Kansas City LL.M Former

Executive News

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    Forbes.com - 8/28/09 - View Story

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    Business Wire - 8/28/09 - View Story

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     BMR $14.06 +0.38 (2.78% )
Average Volume 1,162,310
Shares Outstanding 98.20M
Market Cap 1.4B
Year High 15.31
Year Low 6.02
Earnings Per Share 0.57
P/E Ratio 24.67
Dividend 0.44
Yield 3.13
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