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BioMed Realty Appoints John Lee as Executive VP & COO
Slice of Real Estate Team
October 02, 2024
Key Highlights:
John Lee joins BioMed Realty as Executive VP & COO, reporting to CEO Tim Schoen.
Lee to oversee investment and asset management functions, including growth opportunities.
BioMed Realty manages 16 million square feet of assets across the US and UK.
John Lee brings over 20 years of real estate leadership experience, including roles at PIMCO and Canyon Partners.
Source: Business Wire
Notable Quotes:
“John’s extensive experience in real estate investment and asset management will be invaluable in supporting BioMed Realty’s efforts to grow and enhance the value of our portfolio.”
“With continued expansion of the life science industry, now is an exciting time to become part of the experienced team as we advance its mission to provide critical infrastructure for our tenants.”
Our Take:
John Lee’s appointment as Executive VP and COO at BioMed Realty signals the company’s continued focus on growth and portfolio enhancement within the booming life science real estate market. His extensive experience in global commercial real estate, particularly with PIMCO, positions him well to capitalize on emerging opportunities in the sector. As BioMed Realty continues to expand its footprint, particularly with its in-process development of 2.5 million square feet, Lee's leadership will be crucial in navigating the competitive landscape and meeting industry demands.