The Yield Hunter Let's make some money and sleep well at night
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Biomed Realty Trust
A Healthcare REIT
Period End 6/30/2008
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Copyrights 2006-2008 SGM Publishing
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BioMed Realty Trust, Inc. operates as a real estate investment trust
(REIT) in the United States. It engages in the acquisition, development,
ownership, leasing, and management of laboratory and office space for
the life science industry. As of December 31, 2006, the company owned
7.9 million rentable square feet of laboratory and office space. It also 7.9
million rentable square feet of laboratory and office space. It also owned
undeveloped land that could support approximately 1.1 million rentable
square feet of laboratory and office space. The company's properties are
located as centers for scientific research in Boston, San Diego, San
Francisco, Seattle, Maryland, Pennsylvania, and New York/New Jersey. It
serves biotechnology and pharmaceutical companies, scientific research
institutions, government agencies, and other entities involved in the life
science industry. As a REIT, the company is not subject to federal income
tax to the extent that it distributes at least 90% of its taxable income to its
shareholders. BioMed Realty Trust was founded in 2004 and is based in
San Diego, California.