BioMed Realty Trust Prices Public Offering of 5,700,000 Shares of Common Stock
The underwriters for the offering are Raymond James & Associates, Inc.,Morgan Stanley & Co. Incorporated, Wachovia Capital Markets, LLC, KeyBancCapital Markets Inc., Robert W. Baird & Co. Incorporated, Credit SuisseSecurities (USA) LLC, RBC Capital Markets Corporation and Stifel, Nicolaus &Company, Incorporated. BioMed has also granted the underwriters a 30-dayoption to purchase up to an additional 855,000 shares to coverover-allotments, if any.
The registration statement relating to these securities has becomeeffective by rule of the Securities and Exchange Commission. This pressrelease shall not constitute an offer to sell or the solicitation of an offerto buy any of BioMed's common stock, nor shall there be any sale of suchcommon stock in any state in which such offer, solicitation, or sale would beunlawful prior to registration or qualification under the securities laws ofsuch state. The offering of BioMed's common stock will be made only by meansof a prospectus and a related prospectus supplement, copies of which, whenavailable, may be obtained by contacting Raymond James & Associates, Inc.,880 Carillon Parkway, St. Petersburg, FL 33716, or by calling toll-free at1 (800) 248-8863.
About BioMed Realty Trust
BioMed Realty Trust, Inc. is a real estate investment trust (REIT) focusedon Providing Real Estate to the Life Science Industry(R). The company'stenants primarily include biotechnology and pharmaceutical companies,scientific research institutions, government agencies and other entitiesinvolved in the life science industry. BioMed Realty Trust owns or hasinterests in 68 properties, representing 104 buildings with approximately8.5 million rentable square feet, as well as approximately 1.9 million squarefeet of development in progress. These properties are located predominantly inthe major U.S. life science markets of Boston, San Diego, San Francisco,Seattle, Maryland, Pennsylvania and New York/New Jersey, which havewell-established reputations as centers for scientific research. Additionalinformation is available at httpt://www.biomedrealty.com.
This press release contains forward-looking statements within the meaningof the Private Securities Litigation Reform Act of 1995 based on currentexpectations, forecasts and assumptions that involve risks and uncertaintiesthat could cause actual outcomes and results to differ materially. These risksand uncertainties include, without limitation: general risks affecting thereal estate industry (including, without limitation, the inability to enterinto or renew leases, dependence on tenants' financial condition, andcompetition from other developers, owners and operators of real estate);adverse economic or real estate developments in the life science industry orthe company's target markets; risks associated with the availability and termsof financing and the use of debt to fund acquisitions and developments;failure to manage effectively the company's growth and expansion into newmarkets, or to complete or integrate acquisitions and developmentssuccessfully; risks and uncertainties affecting property development andconstruction; risks associated with downturns in the national and localeconomies, increases in interest rates, and volatility in the securitiesmarkets; potential liability for uninsured losses and environmentalcontaminati
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