SAN DIEGO, March 15 /PRNewswire-FirstCall/ -- BioMed Realty Trust, Inc.
(NYSE: BMR) today announced that it has promoted John F. Wilson, II to the
newly created position of Executive Vice President - Operations, effective
March 27, 2006. Mr. Wilson has served as Chief Financial Officer of the
company since its inception in August 2004. BioMed also announced that R.
Kent Griffin, Jr. will join the company as Chief Financial Officer, effective
March 27, 2006.
Commenting on the expansion of the executive team, Alan Gold, Chief
Executive Officer of BioMed Realty Trust, stated, "John has been vital to the
success of this company, commencing with his joining Bernardo Property
Advisors (the predecessor to BioMed Realty) and the subsequent six years
through our initial public offering and growth to over $1.3 billion in total
assets. As Chief Financial Officer, John has been deeply involved in the
creation of the company's operating strategy and has directly overseen the
capital markets activities, as well as finance, human resources and accounting
functions. As a result of our substantial growth, John has taken on an
increased role in managing the company's operations. As Executive Vice
President - Operations, John will be able to focus his full time and attention
to asset management and the company's growing development and redevelopment
programs. I am looking forward to the additional contributions John will make
to BioMed in these vital areas."
"We also are very pleased that Kent Griffin is joining BioMed as our Chief
Financial Officer. While working as a Senior Vice President in the real
estate investment banking group at Raymond James, Kent made significant
contributions to BioMed's capital markets strategy, participating in all of
our financial transactions, including our $465 million initial public offering
and $340 million follow-on common stock offering. He also advised the company
on its acquisition of the $525 million Cambridge portfolio in Boston and
related $600 million debt financing with KeyBank. Through these transactions,
Kent has gained an in-depth knowledge of the company and its operations, which
along with his prior public accounting experience will be of great value to
BioMed in his role as Chief Financial Officer. With the growth of the
management team, including the recent promotion of Matthew McDevitt to
Regional Executive Vice President, I am confident that we have a preeminent
executive team -- the right players -- strategically positioned to grow this
company," concluded Mr. Gold.
Mr. Griffin, age 36, has been a part of the real estate investment banking
group at Raymond James & Associates, Inc. for the past three years where he
was a Senior Vice President responsible for advising real estate clients on
public and private equity and debt issuance, mergers and acquisitions, and
other services. Prior to joining Raymond James in 2003, Mr. Griffin spent
four years with JP Morgan in its global real estate investment banking group
in both New York and San Francisco. From 1992 to 1997, Mr. Griffin was part
of the real estate service group for Arthur Andersen, where he was responsible
for a range of audit and advisory services. Mr. Griffin received a Master of
Business Administration from the University of North Carolina and a Bachelor
of Science Degree in Business and Accountancy from Wake Forest University.
Mr. Griffin is a Certified Public Accountant and a member of the National
Association of Real Estate Investment Trusts.
About BioMed Realty Trust
BioMed Realty Trust, Inc. is a real estate investment trust (REIT) focused
on acquiring, developing, owning, leasing and managing laboratory and office
space for the life science industry. The company's tenants primarily include
biotechnology and pharmaceutical companies, scientific research institutions,
government agencies and other entities involved in the life science industry,
and its properties and primary acquisition targets are generally located in
markets with well established reputations as centers for scientific research,
including Boston, San Diego, San Francisco, Seattle, Maryland, Pennsylvania
and New York/New Jersey. Additional information is available at
SOURCE BioMed Realty Trust, Inc.
CONTACT: John F. Wilson, II, Chief Financial Officer of BioMed Realty
Trust, Inc., +1-858-485-9840
Web site: http://www.biomedrealty.com
03/15/2006 05:00 EST http://www.prnewswire.com