BioMed Realty and TransMedics Announce 498,000-Square-Foot Lease at Assembly Innovation Park

SAN DIEGO & SOMERVILLE, Mass.--(BUSINESS WIRE)--Jan 12, 2026--

BioMed Realty, the largest privately-owned operator of real estate for the life science and technology industries, and TransMedics Group, Inc. (“TransMedics”, ticker: TMDX), a publicly traded medical technology company transforming organ transplant therapy for patients with end-stage lung, heart, and liver failure, announced that TransMedics has entered into a full building, 498,000-square-foot lease at Assembly Innovation Park, a premier life sciences development in Somerville, Massachusetts developed by BioMed Realty.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260112803139/en/

The recently constructed 12-story commercial research and development facility will serve as TransMedics’ new global headquarters and manufacturing hub. The building, which is LEED ® Platinum and WELL certified, was specifically constructed to support both operational efficiency and workforce wellbeing. In addition to leasing 100% of the newly developed building for 16 years, TransMedics acquired the adjacent land parcel and portion of the parking structure within the campus to support future growth.

“We selected our new headquarters to support the full scale and complexity of our mission,” said Waleed Hassanein, M.D., President and CEO of TransMedics. "Our innovation will accelerate and thrive in this world-class facility that BioMed Realty built. It provides the infrastructure, flexibility, and long-term growth capacity we need to support our teams and the broader transplant community as we continue to advance life-saving transplant technologies and scale our impact globally.”

For more than 20 years, BioMed Realty has specialized in serving innovative life science companies, drawing on over 250 years of seasoned executive experience, to design a best-in-class building with an exceptional amenity package, large floor plates and an ability to accommodate robust programming requirements.

Bill Kane, President, East Coast and U.K. Markets at BioMed Realty, said: "We are delighted to welcome TransMedics to BioMed Realty’s highly differentiated Assembly Innovation Park campus. Led by our team of multidisciplinary experts, BioMed’s hands-on approach allows us to create and manage spaces that support our tenants’ most strategic initiatives."

Situated in Somerville’s mixed-use urban development area known as Assembly Square, and with its close proximity to Interstate 93 and the MBTA Orange Line, Assembly Innovation Park offers exceptional access and visibility to Greater Boston’s leading academic institutions, clinical centers and life sciences talent base.

In addition, Colleen O’Connor, Executive Vice President, Market Lead, East Coast & UK Markets at BioMed Realty, said: “At BioMed Realty, our purpose is to deliver mission-critical infrastructure that enables innovators to focus on advancing technology to improve human health. The Assembly Innovation Park campus was designed to provide flexibility and operational resilience that companies like TransMedics need to accelerate innovation and change lives.”

About BioMed Realty
BioMed Realty is the largest privately owned operator of real estate for the life science and technology industries in the United States and United Kingdom. The Company operates 17.3 million square feet of purpose-built laboratory and office space across the world’s top innovation hubs, including Boston/Cambridge, San Francisco, San Diego, Seattle, Boulder, and Cambridge, U.K. With an additional 1.5 million square feet of Class A properties under development, BioMed Realty delivers flexible, reliable, and sustainable environments designed to accelerate discovery and keep world-changing work moving. Backed by more than 20 years of experience and the strength of being a Blackstone Real Estate portfolio company, BioMed Realty provides the confidence and partnership that fuel life-enhancing and world-changing innovation. To learn more, visit www.biomedrealty.com.

About TransMedics Group, Inc.
TransMedics is the world's leader in portable extracorporeal warm perfusion and assessment of donor organs for transplantation. Headquartered in Andover, Massachusetts, the company was founded to address the unmet need for more and better organs for transplantation and has developed technologies to preserve organ quality, assess organ viability prior to transplant, and potentially increase the utilization of donor organs for the treatment of end-stage heart, lung, and liver failure.

Assembly Innovation Park

NORMAN, Okla. (AP) — Raegan Beers had 18 points and 10 rebounds, and No. 4 seed Oklahoma overwhelmed No. 13 seed Idaho 89-59 in the first round of the NCAA Tournament on Friday night.

Beers, a senior center, also had four assists and four blocks. Sahara Williams had 17 points and 10 rebounds, Aaliyah Chavez scored 15 points and Payton Verhulst added 14 for the Sooners (25-7), who stopped Idaho's win streak at 18 games. The Vandals hadn’t lost since Jan. 10.

The Sooners pushed the tempo early and were intentional about being balanced. Eventually, they wore the Vandals down.

“I think we’re setting the tone for how we want to play going on into March,” Williams said.

Oklahoma will play No. 5 seed Michigan State in the second round on Sunday. The Spartans outlasted No. 12 Colorado State 65-62 in the early game on Friday.

Kyra Gardner scored 19 points and Hope Hassmann added 12 for Idaho (29-6). The Vandals shot 24.7% from the field and made just 10 of 46 3-pointers.

Oklahoma played one of its most efficient offensive halves of the season to go up 57-35 at the break. The Sooners shot 59.5% from the field and committed just four turnovers. Williams had 13 points and Verhulst had 12 at the break.

The Sooners opened the second half on an 8-1 run, including six points from Beers, to go up 65-36.

Williams drained a shot from beyond halfcourt at the end of the third quarter, but she released it just a bit too late to count. The Sooners took a 76-38 lead into the fourth.

The Sooners created positive energy and the home crowd added more.

“When we have fun, I wouldn’t say a win is guaranteed, but we play a lot better when we have fun and have a smile on our face and we rebound and we score and we assist the ball,” Williams said.

Idaho coach Arthur Moreira said there might be more smiling ahead for the Sooners.

“They’re just a complete team,” he said. “I think they’re equipped to make a big run here. As I was scouting them, it was fun to watch.”

Chavez had five assists and no turnovers, shot a solid 6 for 14 from the field and had six rebounds in her first taste of March Madness.

Strangely, she missed her first two free throws before making two later. She made 70 of 72 free throws during Southeastern Conference play and entered the night shooting 94% from the line overall this season.

Oklahoma made 15 of 21 layups while Idaho made 4 of 19.

Beers was a significant factor in both of those stats. She made five of her six layups and was a pest around the rim defensively. She was a key reason Idaho made just 10 of 35 shots inside the 3-point line.

The women's team made the 30-minute trip to Oklahoma City on Thursday to watch the Idaho men play Houston.

Many of the fans that watched that 78-47 loss showed up in Norman on Friday.

“Just to be in the Idaho section was so cool,” Hassmann said. “And then also to see those fans travel here today — kind of had our own Idaho section, which was super cool to hear them cheer for us and our band and cheerleaders.”

AP March Madness bracket: https://apnews.com/hub/ncaa-womens-bracket and coverage: https://apnews.com/hub/march-madness

Idaho guard Katlin Kangur (14) goes up to shoot beside Oklahoma guard Aaliyah Chavez (2) during the first half in the first round of the NCAA college basketball tournament, Friday, March 20, 2026, Norman, Okla. (AP Photo/Alonzo Adams)

Oklahoma center Raegan Beers (15) blocks a shot by Idaho guard Ana Pinheiro (37) during the first half in the first round of the NCAA college basketball tournament, Friday, March 20, 2026, Norman, Okla. (AP Photo/Alonzo Adams)