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BioMed Realty Lands $80 Million for Pair of Office Buildings in Fast-Growing East Bay Market

Blackstone Affiliate Offloads Properties Surrounded by Global Tech Companies
BioMed Realty, the biotech arm of investment giant Blackstone Group, has sold a portfolio of office properties in Fremont, California, for more than $80 million. (CoStar)
BioMed Realty, the biotech arm of investment giant Blackstone Group, has sold a portfolio of office properties in Fremont, California, for more than $80 million. (CoStar)
CoStar News
September 21, 2022 | 8:14 P.M.

The biotech arm of one of the largest global real estate investors was able to capitalize on soaring demand for Bay Area research and development space with a deal to offload two properties for a combined price of more than $80 million.

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