BIOMED REALTY TRUST SIGNS TWO LEASES TOTALING 228,000 SQUARE FEET

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TARRYTOWN, N.Y., AND CAMBRIDGE, MASS. — Life science REIT BioMed Realty Trust has signed two new leases. In the first transaction, BioMed signed a 10-year lease for approximately 148,000 square feet at The Landmark at Eastview campus in Tarrytown. The new lease replaces two existing leases BioMed had with the landlord, Progenics Pharmaceuticals, that were set to expire between 2009 and 2012. In the second transaction, BioMed signed a 10-year, approximately 80,000-square-foot lease for laboratory research space at 301 Binney St. in Cambridge. The landlord is a joint venture between The Broad Institute of MIT & Harvard and institutional investors advised by Prudential Real Estate Investors.

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