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This summer, BioMed Realty Trust Inc. closed on its purchase of two parcels of land comprising approximately 28 adjacent acres in San Diego. The price was approximately $47 million. Concurrently, the company also entered into a long-term ground lease for both sites with Advanced BioHealing Inc., a regenerative-medicine company and subsidiary of Shire plc that develops, manufactures and commercializes living cell-based therapies.

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