SOMERVILLE, Mass. — BioMed Realty and TransMedics Group, Inc. said TransMedics has signed a full-building, 498,000-square-foot lease at Assembly Innovation Park, a life sciences development in Somerville developed by BioMed Realty.
The recently constructed 12-story commercial research and development facility will serve as TransMedics’ new global headquarters and manufacturing hub. The building is LEED Platinum and WELL certified and was designed to support both operational efficiency and workforce wellbeing.
Under the agreement, TransMedics will lease 100 percent of the building for 16 years. The company has also acquired the adjacent land parcel and a portion of the parking structure within the campus to support future expansion.
“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.”
BioMed Realty said the facility reflects its long-standing focus on developing infrastructure tailored to the needs of life sciences companies, with large floor plates, extensive amenities, and the ability to support complex operational requirements.
“We are delighted to welcome TransMedics to BioMed Realty’s highly differentiated Assembly Innovation Park campus,” said Bill Kane, President, East Coast and U.K. Markets at BioMed Realty. “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.”
Assembly Innovation Park is located within Somerville’s Assembly Square mixed-use district, offering proximity to Interstate 93 and access to the MBTA Orange Line. The location provides connectivity to Greater Boston’s academic institutions, clinical centers, and life sciences workforce.
“At BioMed Realty, our purpose is to deliver mission-critical infrastructure that enables innovators to focus on advancing technology to improve human health,” said Colleen O’Connor, Executive Vice President, Market Lead, East Coast & UK Markets at BioMed Realty. “The Assembly Innovation Park campus was designed to provide flexibility and operational resilience that companies like TransMedics need to accelerate innovation and change lives.”
