BioMed Realty Trust and Pfizer Sign New Lease at the Center for Life Science ...
/PRNewswire/ -- BioMed Realty Trust, Inc. (NYSE: BMR) announced today the signing of a new ten-year lease at the Center for Life Science | Boston with Pfizer Inc. (NYSE: PFE), the world's leading biopharmaceutical company. Pfizer's Center for Therapeutic Innovation will occupy approximately 16,600 square feet of laboratory and office space on the top floor of the state-of-the-art 18-story building located in the Longwood Medical Area of Boston. The Center for Life Science | Boston is now 98% leased as a result of this transaction.State and City of Boston government leaders today joined with Alan D. Gold, Chairman and Chief Executive Officer of BioMed, to welcome Pfizer to the unsurpassed Boston life science community. Featured speakers at the ceremony were Massachusetts Governor Deval Patrick, Boston Mayor Thomas M. Menino, Mikael Dolsten, Pfizer's Head of Research and Development Worldwide, Sally Susman, Pfizer's Executive Vice President, Policy, External Affairs & Communications, Jose Carlos Gutierrez-Ramos, Pfizer's Senior Vice President, BioTherapeutics R&D, and Eric Buehrens, Interim President and CEO of Beth Israel Deaconess Medical Center.
Commenting on the addition of Pfizer to the Longwood Medical Area, Boston Mayor Thomas M. Menino said, "Pfizer has chosen the perfect location for its new Center for Therapeutic Innovation. Boston is leading the life sciences revolution because of the collaboration that happens between our leading medical, academic and research institutions. The City is committed to supporting this industry because of the important role it plays in our society; and we couldn't be happier that Pfizer is joining such a great list of life sciences companies that call Longwood and Boston home."
The Center for Life Science | Boston is a 700,000+ square foot research center that includes laboratory and office space in the heart of the Longwood Medical Area, surrounded by world-class life science research institutions, hospitals and bio/pharma companies, including Harvard Medical School, Brigham and Women's Hospital, Dana-Farber Cancer Institute, and Merck Research Laboratories Boston. The building received Gold status certification by the Leadership in Energy and Environmental Design (LEED®) of the U.S. Green Building Council.
"Pfizer chose the Center for Life Science for its state-of-the-art lab space, close proximity to academic partners and access to the best and brightest minds in Boston," said Mr. Gutierrez-Ramos of Pfizer. "Its prime location in the Longwood Medical Area will allow us and our academic collaborators to interact seamlessly in multiple ways, including sharing facilities, equipment, laboratory space and experiment execution. We believe this is essential to efficient translation of leading–edge science into medicines that will positively impact patients' lives.
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