BioMed Realty Strengthens Leadership Team with Key Promotions

The promotions bolster the Company’s world-class platform to expand innovation capacity for the life science and technology industries

SAN DIEGO--(BUSINESS WIRE)--BioMed Realty, a leading provider of real estate solutions to the life science and technology industries, announced today the promotion of three officers: Colleen O’Connor to Executive Vice President, Market Lead, East Coast & UK Markets; Joanna Hilvert to Vice President, Integration, Environmental and ESG; and Dan Krachon to Vice President, Facilities. These professionals have deep expertise in their respective life science and commercial real estate disciplines, with a combined total of more than six decades of experience.

“Our latest promotions recognize three individuals who will continue to be instrumental to BioMed Realty’s success as we help our tenants deliver on life enhancing innovations,” said Tim Schoen, CEO of BioMed Realty. “Investors and tenants are increasingly demonstrating a preference for strong partnerships, outstanding facilities and sustainable buildings, and BioMed Realty’s innovation across these capabilities continue to set our Company apart. I am proud of the efforts Colleen, Joanna and Dan have shown in exemplifying the Company’s values and helping us expand the innovation capacity of our life science clients.”

Highlighted below are the profiles of the newly promoted officers:

• Colleen O’Connor becomes Executive Vice President, Market Lead, East Coast & UK Markets after serving as Senior Vice President, Leasing, East Coast & UK Markets. Since joining BioMed in 2014, Ms. O’Connor has elevated the Company’s profile by establishing trusted relationships in the real estate and life sciences communities. In her expanded role, Ms. O’Connor will oversee leasing and operations across the East Coast and UK markets. She also serves on the Board of Directors for NAIOP and CREW Boston. Prior to BioMed Realty, Ms. O’Connor worked in finance and accounting roles at Fidelity Investments and PwC.
  
  
• Joanna Hilvert becomes Vice President, Integration, Environmental and ESG after serving as Managing Attorney on the Integration team. Ms. Hilvert’s expanded role encompasses overseeing the Company’s integration, environmental and ESG functions. Ms. Hilvert joined BioMed Realty in 2020 and has 25 years of experience in practicing commercial real estate, land use and environmental law. Prior to joining BioMed Realty, Ms. Hilvert was an attorney in the environmental department at Goulston & Storrs PC, and the real estate department of Brown Rudnick LLP.
  
  
• Dan Krachon becomes Vice President, Facilities after serving as Regional Director, Facilities. In his expanded role, Mr. Krachon has facilities oversight of BioMed Realty’s operating assets within the Seattle, Colorado and San Diego markets. Mr. Krachon joined the Company in 2010 and has 30 years of experience managing life science facilities and construction projects. Prior to BioMed Realty, Mr. Krachon was a project manager for Turner Construction and Kavanagh Associates.

BioMed Realty continues to demonstrate its commitment to fostering leadership excellence as the Company helps contribute to the expansion of the life science and technology sectors. Founded 20 years ago, BioMed Realty has remained steadfast in its purpose: providing mission-critical infrastructure that expands companies’ innovation capacity to advance human health and unleash human potential.

About BioMed Realty

BioMed Realty, a Blackstone portfolio company, is a leading provider of real estate solutions to the life science and technology industries. As of March 31, 2024, BioMed Realty owns and operates high-quality life science real estate comprising 16.1 million square feet concentrated in leading innovation markets throughout the United States and the United Kingdom, including Boston/Cambridge, San Francisco, San Diego, Seattle, Boulder and Cambridge, U.K. In addition, BioMed Realty maintains a premier development platform with 2.7 million square feet of Class A properties in active construction to meet the demand of the life science and technology industries. To learn more about BioMed Realty, visit biomedrealty.com and follow the company on X @biomedrealty.