BioMed has a Commercial Real Estate internship available in its Cambridge based office for students majoring in Business, Finance, Accounting or Real Estate.
Internship Objectives
- The Commercial Real Estate Intern will gain exposure and work experience in all aspects of commercial real estate for the life sciences to help develop their knowledge and skill in analytics, industry terminology, negotiations, problem solving, and collaboration and business development.
Key Duties and Responsibilities
The Intern will be paired with a department (Operations, Integration, Leasing, Facilities, or Development) to achieve department-specific objectives and complete project(s) as outlined by the Local Intern Program Coordinator. The Intern will be a member of the broader BMR Intern Program or Local Intern Cohort for seminars, educational sessions, tours, events, and more.Responsibilities include the following:
- Performing data analysis work on tenant leases, real estate market trends and economic conditions impacting real estate
- Conduct company, property and industry-specific research and summarizing research on tenants, prospects and potential growth locations
- Shadowing members of the Cambridge team on property tours, lease negotiations, meetings with consultants and clients and prospects and internal meetings
- Assist in developing and preparing marketing and presentation materials
- Participating in Cambridge office events, outings, lunch-and-learns, volunteer events, and more
- Completing (2) industry-related seminars or educational sessions
- Completing a research project on a real estate topic and presenting at the end of the summer.
Job Specifications
- Strong interest in learning more about the commercial real estate market
- Proficient in Microsoft excel and power-point applications
- Finance, accounting, economics concentration preferred, but not required
- Strong organizational skills and attentive to detail
- Ability to work on projects independently and contribute in a team-based environment
Schedule
The Intern is expected to be in the Cambridge office Monday-Thursday, per the agreed upon work schedule within our business hours of 8AM-5PM. A minimum of 15 hour/week is required with a 32 hour/week maximum; requirements may be adjusted depending on the needs of the department.Stipend $25.00 per hour (undergraduate)The above represents the expected salary for this internship. In determining pay, we consider market rates for comparable interns, and may also consider location, experience, and other related factors.
Benefits
Interns do not qualify/are ineligible for employee benefits, but are included/participate in a number of company activities during the course of their internship.#LI-EW1
About the company
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.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. We are committed to providing reasonable accommodation, if you need an accommodation to complete the application process, please email careers@biomedrealty.com.
