Last $21.69 USD
Change Today -0.16 / -0.73%
Volume 1.5M
BMR On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 10/24/14 All times are local (Market data is delayed by at least 15 minutes).

biomed realty trust inc (BMR) Snapshot

Open
$21.82
Previous Close
$21.85
Day High
$21.89
Day Low
$21.58
52 Week High
08/21/14 - $22.62
52 Week Low
12/12/13 - $17.97
Market Cap
4.3B
Average Volume 10 Days
2.2M
EPS TTM
$0.27
Shares Outstanding
197.5M
EX-Date
09/26/14
P/E TM
80.3x
Dividend
$1.00
Dividend Yield
4.61%
Current Stock Chart for BIOMED REALTY TRUST INC (BMR)

Related News

No related news articles were found.

biomed realty trust inc (BMR) Related Businessweek News

No Related Businessweek News Found

biomed realty trust inc (BMR) Details

BioMed Realty Trust, Inc. operates as a real estate investment trust (REIT) that focuses on providing real estate to the life science industry in the United States. Its tenants primarily include biotechnology and pharmaceutical companies, scientific research institutions, government agencies, and other entities involved in the life science industry. The company owns or has interests in 72 properties, representing 119 buildings with approximately 11.0 million rentable square feet. Its 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. The company qualifies as a REIT for federal income tax purposes. It would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. BioMed Realty Trust was founded in 2004 and is based in San Diego, California.

235 Employees
Last Reported Date: 02/10/14
Founded in 2004

biomed realty trust inc (BMR) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $760.0K
President and Chief Operating Officer
Total Annual Compensation: $567.5K
Chief Financial Officer
Total Annual Compensation: $420.0K
Executive Vice President of Real Estate
Total Annual Compensation: $410.0K
Executive Vice President and Director
Total Annual Compensation: $125.0K
Compensation as of Fiscal Year 2013.

biomed realty trust inc (BMR) Key Developments

Biomed Realty Trust, Inc. Announces the Signing of a New Lease for Approximately 200,000 Square Feet for 12 Years

BioMed Realty Trust Inc. announced the signing of a new lease for approximately 200,000 square feet for 12 years with Baxter Healthcare Corporation at 650 East Kendall Street in Cambridge, Massachusetts. Baxter will be establishing a new global innovation and research and development (R&D) center at the site for its biopharmaceuticals business, which is expected to become a separate, independent global company known as Baxalta Incorporated in mid-2015. The 650 East Kendall building is a 282,000 square foot life science facility that is supported by six levels of below-grade parking. Located in close proximity to the campuses of M.I.T. and Harvard, and designed by famed architect Paul Zejfen, the building features a spacious atrium with stairs connecting its six floors of laboratory and office space, interior balconies and exterior terraces, creating an environment that facilitates the collaboration of employees and researchers. The building received Gold status certification by the Leadership in Energy and Environmental Design (LEED(R)) of the U.S. Green Building Council.

BioMed Realty Trust, Inc. Signs New 12-Year Lease Establishing New Innovation, R&D Center in Kendall Square in Cambridge

BioMed Realty Trust Inc. announced the signing of a new lease for approximately 200,000 square feet for 12 years with Baxter Healthcare Corporation BioMed Realty Trust Inc. announced the signing of a new lease for approximately 200,000 square feet for 12 years with Baxter Healthcare Corporation, which is owned by BioMed Realty through a joint venture with Prudential Real Estate Investors. Baxter will be establishing a new global innovation and research and development (R&D) center at the site for its biopharmaceuticals business, which is expected to become a separate, independent global company known as Baxalta Incorporated in mid-2015. The 650 East Kendall building is a 282,000 square foot life science facility that is supported by six levels of below-grade parking. Located in close proximity to the campuses of M.I.T. and Harvard, and designed by famed architect Paul Zejfen, the building features a spacious atrium with stairs connecting its six floors of laboratory and office space, interior balconies and exterior terraces, creating an environment that facilitates the collaboration of employees and researchers. The building received Gold status certification by the Leadership in Energy and Environmental Design (LEED) of the U.S. Green Building Council. Concurrently, BioMed Realty executed a lease termination with an existing tenant in the building. As a result of these transactions, 650 East Kendall is now 100% leased.

Aveo Oncology to Vacate 125,000 Square Feet in Kendall Square

Aveo Oncology confirmed that it has terminated its lease agreement for 125,000 square feet of space at 650 East Kendall St. in Cambridge. Since May 2012, the company has rented more than half of the six-story, 280,000 square foot building owned by BioMed Realty Trust and shared by fellow tenant Ipsen Biosciences. Despite an up-front termination fee of about $7.8 million as well as a similar amount to be paid to BioMed over the next nine months, the company announced the move eliminates $110 million it would have paid during the remainder of the lease. The lease's duration was not disclosed.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
BMR:US $21.69 USD -0.16

BMR Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Alexandria Real Estate Equities Inc $82.21 USD -0.31
American Campus Communities Inc $38.56 USD -0.25
Douglas Emmett Inc $27.73 USD -0.12
Equity Lifestyle Properties Inc $47.18 USD -0.16
Home Properties Inc $63.20 USD -0.50
View Industry Companies
 

Industry Analysis

BMR

Industry Average

Valuation BMR Industry Range
Price/Earnings 84.3x
Price/Sales 6.5x
Price/Book 1.4x
Price/Cash Flow 14.6x
TEV/Sales 2.2x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact BIOMED REALTY TRUST INC, please visit www.biomedrealty.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.