Home > Press Releases > RBJ brokers four new leases for BioMed Realty at 210 Broadway, Cambridge

RBJ brokers four new leases for BioMed Realty at 210 Broadway, Cambridge

January 11, 2013 Leave a comment Go to comments

BOSTON – January 11, 2013 – Richards Barry Joyce & Partners, LLC (RBJ&P), a full-service commercial real estate advisory firm, announced today that it has brokered four new leases on behalf of BioMed Realty Trust, Inc. (NYSE: BMR) at 210 Broadway, Cambridge, Mass.

210 Broadway, Cambridge

210 Broadway, Cambridge

The leases, which total 32,350 square feet of office and laboratory space, were signed with Algeta US, LLC, Canon USA, Luminoso, LLC and Smartleaf, Inc.  Richards Barry Joyce & Partners is the exclusive leasing agent for 210 Broadway, a 64,812 square foot building located in the heart of the thriving East Cambridge market.

“As one of the largest property owners in Cambridge, BioMed Realty has an excellent pulse on the requirements of companies in the market,” said Steven Purpura, managing partner, Richards Barry Joyce & Partners.  “BioMed Realty provides optimal environments for their tenants to accomplish their research, scientific and business goals.  We welcome these companies to 210 Broadway.”

Steve Purpura, Managing Partner

Steve Purpura, Managing Partner

210 Broadway is minutes from Downtown Boston, Logan Airport, Harvard Square and Boston’s Back Bay.  The building offers easy access to Route I-93 and is close to the Kendall Square Red Line MBTA Station and the EZ Ride Shuttle Bus. Nearby amenities include a wide range of retail, restaurants and cinema.

Steve Purpura, Eric Smith and Sarah D’Elia represented BioMed Realty in the transactions.

About the Market – Cambridge Office Market
According to research by RBJ&P, the Cambridge submarket consists of 10,530,000 square feet of office space and was 7.8 percent vacant, as of the quarter ended December 31, 2012. (source: Richards Barry Joyce & Partners’ “officeSTATus – Winter 2013”)

About BioMed Realty Trust
BioMed Realty delivers optimal real estate solutions for biotechnology and pharmaceutical companies, scientific research institutions, government agencies and other entities involved in the life science industry. BioMed Realty owns or has interests in properties comprising approximately 13.1 million rentable square feet. The company’s properties are located predominantly in the major U.S. life science markets of Boston, San Francisco, San Diego, Maryland, New York/New Jersey, Pennsylvania and Seattle, which have well-established reputations as centers for scientific research.  Additional information is available at www.biomedrealty.com.

About Richards Barry Joyce & Partners, LLC
Richards Barry Joyce & Partners is a full service commercial real estate firm providing creative solutions for its client partners. The company’s focused team approach offers clients a competitive advantage in solving their local, national, and international real estate challenges. Richards Barry Joyce & Partners’ unique platform offers a full range of real estate advisory services including market analysis, capital markets solutions, financial analysis, corporate services, portfolio review, and consulting services.  For more information, please visit our website at www.rbjrealestate.com. Follow us on Twitter at @RBJ_Partners.

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