Biomed Realty - Associate Director, Asset & Property Man...

Biomed Realty - Associate Director, Asset & Property Man...

Associate Director, Asset and Property Management Candidate Information Pack

Dear Candidate Thank you for your interest in this unique opportunity. Biomed Realty is a Blackstone portfolio company and is the largest private provider of real estate solutions to the life science and technology industries. BioMed owns and operates high quality life science real estate comprising 14 million square feet concentrated in the leading innovation markets throughout the United States and United Kingdom, including Boston/Cambridge, San Francisco, San Diego, Seattle and Cambridge U.K. In addition, BioMed maintains a premier development platform with 2.8 million square feet of high quality laboratory and office properties in active construction to meet the growing demand of the life science industry. The UK’s life sciences sector is a crucial part of the British economy, supporting 250,000 jobs and contributing more than £80 billion to GDP each year. As the largest life sciences market in the UK, Cambridge − the birthplace of stem cell research and artificial intelligence − is seen as an epicentre of research and innovation and is home to more labs than anywhere else in the UK. Biomed Realty are seeking an Associate Director to manage all aspects of property management, and tenant relations activities for the designated biomedical and office properties within the Company’s portfolio. This position requires a strong focus on customer service, and the ability to develop & maintain effective working relationships with the Facilities department, Managing Agent, vendor partners, tenants, and employees to ensure the portfolio is well managed. This is a fantastic opportunity to work with a unique and interesting organisation within the Life Sciences sector, with unparalleled growth plans. Please read on to find out more about this role, the organisation and portfolio which the successful candidate will be responsible for.

Contents

03

04

06

Introduction

About Biomed Realty

The Portfolio

10

12

The Role

How to Apply

02

03

Our Platform- Based Approach

About Biomed Realty

Biomed Realty is led by a seasoned executive team with over 100 years of combined experience in life science real estate. As recognised industry leaders who deliver on our promises, clients can expect a long-term strategic relationship with us that empowers growth at any scale. Biomed Realty has over 280 tenant partners across two continents, including global businesses, established biotechnology companies, leading universities, premier research institutions, start-ups and incubators. Our life science buildings provide mission-critical laboratory space to some of the largest companies in the life science and technology industries – helping tenants discover and advance the next generation of medicines and therapies.

WE HAVE CREATED A FULLY INTEGRATED PLATFORM OF OVER 250 BEST-IN-CLASS PROFESSIONALS WITH SPECIALIZED EXPERIENCE IN DEVELOPMENT, LEASING, INVESTING, PROPERTY MANAGEMENT, FACILITIES AND FINANCE. While there are many firms who want to enter the life science real estate space, BioMed's strategic advantage of having created a portfolio, a platform and a pipeline allows us to meet rapidly changing needs of our clients in the core markets, while supporting the growth of this sector.

PROPERTY MANAGEMENT

FACILITIES

DEVELOPMENT

INVESTMENTS

LEASING

ACCOUNTING & FINANCE

INFORMATION TECHNOLOGY

RISK MANAGEMENT

MARKETING

LEGAL

04

05

The Portfolio BioMed entered the Cambridge, UK market in 2012 and has expanded to become the largest private owner of life science space in Cambridge. During this time, BioMed has created a vibrant life science ecosystem to support growth and opportunities for all stages of life science companies. Last year, they acquired the 15-acre Cambridge International Technology Park and 27-acre plot at Granta Park in Cambridge.

Cambridge Science Park

Aaron Klug Building – Granta Park

430 Cambridge Science Park is a high-spec lab and office building fully let to Astex Therapeutics, a biotechnology company founded in 1999 that specialises in discovery and development for oncology. 430 Cambridge Science Park provides high-quality, flexible lab and office buildings. Cambridge Science Park, founded by Trinity College in 1970, is the oldest science park in the United Kingdom. It offers a cluster of science and technology related businesses, and has strong links with the nearby University of Cambridge. The science park is situated to the north of Cambridge city centre, and is served by Cambridge North railway station and by the Cambridgeshire Guided Busway. In the future it will also benefit from a light railway station at its northern entrance for the planned Cambridge Autonomous Metro.

The Aaron Klug Building campus is located at the heart of the Granta Park science park, one of Cambridge UK’s top life science campuses founded in 1998 and located to the South of the city centre. The laboratory and office building is wholly occupied by AstraZeneca and is one of three that they occupy on the campus.

NUMBER OF BUILDINGS: 13 SQUARE FOOTAGE: 74 3,045 PERCENT LEASED (12.31.21): 99% TENANT(S):AstraZeneca

AMENITIES Green Travel Plan, Guided Bus, Cambridge North Trainstation, Nursery, Hair Dresser, Beauty Salon, Food Park

NUMBER OF BUILDINGS: 1 RENTABLE SQUARE FEET: 42,688 PERCENT LEASED (12.31.21): 100% TENANT(S):Astex Therapeutics

AMENITIES Fitness & Wellbeing Centre, Restaurant at The Apiary, The Apiary Juice Press, Granta Conference Centre, Commuter Bus, Nursery, 24 hour security, ATM, Farmers Market, Car Share Scheme

06

07

BioMed @Babraham

BioMed@Babraham are two fully fitted, flexible lab and office buildings located on the Babraham Research Campus. The Babraham Research Campus is considered to be the UK’s leading campus to support early-stage bioscience enterprise located to the South of Cambridge city centre and at the heart of the Cambridge biotech cluster. Its co-location of more than 60 bioscience companies with the Babraham Institute means that world class research and business can come together to promote innovation and strengthen links between academia and the commercial world. The Babraham Research Campus is located 3 miles (5km) to the north-west of Granta Park. NUMBER OF BUILDINGS: 2 RENTABLE SQUARE FEET: 99,180 PERCENT LEASED (12.31.21): 100% TENANT(S):PetMedix, Bit Bio, Mission Therapeutics, RxCelerate, Inivata, Artios Pharma

AMENITIES Green Travel Plan, Guided Bus, Cambridge North Trainstation, Nursery, Hair Dresser, Beauty Salon, Food Park

Illumina - Granta Park

The Illumina Centre is a newly constructed 2018 state of the art European HQ building built for Illumina and located on Granta Park. This property is adjacent to both the Apiary amenity centre offering a fully function gym, fitness centre, swimming pool and café and the on-site Montessori nursery. The Grant Park campus is one of Cambridge UK’s top life science clusters located to the South of the city centre founded in 1998.

NUMBER OF BUILDINGS: 1 RENTABLE SQUARE FEET: 171,345 PERCENT LEASED (12.31.21): 100% TENANT(S): Illumina

AMENITIES Fitness & Wellbeing, Centre Restaurant at The Apiary, The Apiary Juice Press, Granta Conference Centre, Commuter Bus, Nursery, 24 hour security, ATM, Farmers Market, Car Share Scheme

08

09

The Role

Skills/Experience

• Minimum five years’ experience in commercial real estate management.

Responsibilities

• Qualified RICS Chartered Surveyor.

• In collaboration with the Managing Agent, this role will oversee, coordinate and communicate all day-to-day operational activities associated with the properties and maintains working relationships with the tenants. • In conjunction with the Facilities department and Managing Agent, oversee staff and contractors in the inspection of facilities, equipment and building infrastructure to determine need and extent of service equipment required, and type and number of operation and maintenance personnel required as well as identification of periodic and ongoing maintenance requirements towards maximizing the economic life of each asset.

• In-depth and hands-on understanding of property/asset management systems and processes.

• Prior experience managing staff and developing effective working relationships with vendors, contractors and tenants.

• Ability to interface with leasing agents.

• Must be organized and task oriented, able to work in a fast-paced, team-oriented environment with multiple deadlines, and adapt readily to changing priorities.

• Coordinates and leads asset and market tours for various stakeholders, including lenders, investors, industry groups and colleagues on an as needed basis.

• Detail oriented with the ability to convey information orally and in writing in a clear and concise manner.

• Develop a strong working knowledge of each market and monitor competition and market conditions on an ongoing basis.

BioMed Realty is an equal opportunity employer. We are committed to creating an inclusive environment for all employees. Our employment decisions are based on individual qualifications, job requirements and business needs without regard to race, color, marital status, sex, sexual orientation, gender identity and/or expression, age, religion, disability, citizenship status, national origin, pregnancy, veteran status and or any other legally protected characteristics.

• Interact closely with internal and external legal teams in development of lease terms and other related lease documents.

• Interact with leasing department and third party letting agents to assist in the letting process as necessary as well as maintain market knowledge and information.

• Develop relationships with tenants, neighboring property owners, local governmental authorities and community groups to advance the objectives of the Company.

• In conjunction with the Managing Agent, oversee all operating issues with the properties and is available for on-call emergencies at the properties.

• Have oversight of property management systems, processes, controls in relation to lease management rental income, service charge administration, voids, insurance, ensuring timely and accurate reporting.

• Play an integral role in driving service excellence with a customer service focus across the portfolio.

• Oversee and helps prepare property level budgets, monthly accruals, quarterly variances, timelines, and plans to meet financing and accounting’s requirements/deadlines.

• Manage and promote the ESG efforts of BMR to ensure that the ESG goals of the company are being met or exceeded.

• Ensure adherence to tenant leases and vendor contract terms. Review lease and contract language to help minimize risk and ensure lease language and scopes of work are comprehensive and properly reflected within the documents.

10

11

How to Apply

For a confidential discussion to find out more about this opportunity, please contact Biomed Realty’s appointed recruitment partners Matthew Evans or Emilia Fasano at The Management Recruitment Group. Applications should consist of a CV and covering statement outlining key matching experience for applying for the post. Applications should be sent to;

[email protected] or [email protected].