BioMed: New South San Francisco Properties’ Yield Approaches 10 Percent

By Jon Peterson San Diego-based BioMed Realty Trust anticipates higher than 9 percent cash-on-cash initial return from its $298 million South San Francisco acquisition of two life-science properties. Kent Griffin, president and chief operating officer of BioMed, said the company paid all cash for the acquisitions, which include the 205,000 square-foot Science Center at Oyster […]