BioMed Realty Strengthens Leadership Team to Fuel Real Estate Growth

BioMed Realty Bolsters Leadership Team to Fuel Long-Term Growth in Life Science and Technology Real Estate

BioMed Realty, a Blackstone portfolio company and a dominant force in the specialized real estate sector, has announced the promotion of three veteran executives to Senior Vice President roles. These strategic appointments—Allyn Aguirre, Andrew Laing, and Kevin Tremblay—underscore the company’s commitment to internal talent development and its aggressive pursuit of long-term growth within the life science and technology industries.

As the largest private operator of life science real estate, BioMed Realty continues to scale its platform to meet the sophisticated infrastructure needs of modern innovators. These promotions reflect the company’s focus on maintaining a robust leadership pipeline to manage its expanding multi-million-square-foot global portfolio.

A Decade of Excellence and Evolution

The three newly minted Senior Vice Presidents share a common thread: over a decade of dedicated service to BioMed Realty. Their tenure has spanned a transformative era for the company, during which it transitioned from a public entity to a cornerstone of Blackstone’s real estate portfolio.

“Allyn, Andrew, and Kevin have each demonstrated deep expertise, long-standing commitment, and strong leadership as they’ve taken on increasing levels of responsibility for over a decade,” said Tim Schoen, CEO of BioMed Realty. “Their contributions across our commercial, corporate, and asset management capabilities are integral to our ability to deliver reliable, high-performing environments that support our tenants’ innovation and long-term success.”

Meet the Leaders

The promotions span three critical pillars of the BioMed Realty business model: financial stewardship, asset optimization, and market-facing leasing strategy.

Allyn Aguirre: Senior Vice President, Chief Accounting Officer

Promoted from her role as Senior Vice President, Accounting and Treasury, Allyn Aguirre will now oversee the entirety of the company’s accounting, treasury, and financial reporting functions. Since joining the firm in 2011, Aguirre has been a fixture in the company’s financial backbone, guiding BioMed Realty through complex acquisitions, large-scale developments, and capital markets transactions. Her elevation to Chief Accounting Officer ensures that the company’s financial infrastructure remains as sophisticated as the laboratory spaces it builds.

Andrew Laing: Senior Vice President, Asset Management

Andrew Laing, who previously served as Vice President, Asset Management, has been elevated to Senior Vice President. Since 2012, Laing has been instrumental in refining the company’s investment capabilities. His work focuses on the “lifecycle” of the property—ensuring that existing assets are performing at peak efficiency and that new investments align with the company’s rigorous standards for high-growth tech and science hubs.

Kevin Tremblay: Senior Vice President, Leasing, West Coast Markets

In a significant expansion of his previous role as SVP of California Markets, Kevin Tremblay will now oversee leasing for the entire West Coast. Joining in 2013, Tremblay’s career has mirrored the explosive growth of the biotech sector. He will now lead leasing activities across San Diego, the Bay Area, Seattle, and Boulder. This massive territory represents more than 9 million square feet of operating assets, placing Tremblay at the forefront of the company’s relationships with some of the world’s most innovative companies.

Sustaining a Competitive Advantage

The life science real estate market is notoriously high-stakes. Unlike traditional office space, lab environments require specialized HVAC systems, redundant power supplies, and flexible floor plans that can accommodate rapid shifts in research technology. By promoting leaders who have “grown up” within the organization, BioMed Realty ensures that its institutional knowledge remains intact.

CEO Tim Schoen highlighted that these promotions are more than just title changes; they are a reflection of the company’s core values. “Allyn, Andrew, and Kevin exemplify our collaborative, capable, and accountable culture,” Schoen added. “In their expanded roles, they will have an increasing impact on our clients, investment performance, and financial results.”

The timing of these promotions aligns with a broader trend in the real estate industry. While the traditional office market has faced headwinds, the demand for “mission-critical” space—where research and development must happen in person—remains a bright spot.

BioMed Realty’s strategy hinges on providing “innovation clusters”—ecosystems where researchers, venture capitalists, and tech giants coexist. By strengthening its leadership in accounting, asset management, and leasing, the company is positioning itself to navigate the next decade of medical and technological breakthroughs.

As BioMed Realty continues to invest in its people, it reinforces its reputation as an employer of choice in the real estate sector. The ability to retain top-tier talent for over a decade in a competitive market like San Diego is a testament to the company’s culture and its status as an industry leader.

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