David Clem and Lyme Properties are featured in the November/December 2007 edition of ArchitectureBoston, which showcases their focus on excellent architectural work at Kendall Square. The full article can be downloaded here.
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L-A is prime ground for developers like Clem. The cities have the raw materials for an architectural renaissance of the highest regard; our landmarks were built to last, not fall into irreparable gloom or emptiness.
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LEWISTON - David Clem has done enough historic renovations to know a beauty when he sees one. So when he first viewed the Dominican Block - the 4-story, Queen Anne building that has anchored the corner of Chestnut and Lincoln streets since 1882 - he could see its potential, especially the top-floor ballroom.
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SAN DIEGO, Jan. 30 /PRNewswire-FirstCall/ — BioMed Realty Trust, Inc. (NYSE: BMR) today announced that it has signed definitive purchase and sale agreements with affiliates of Lyme Timber Company to acquire Lyme’s remaining portfolio assets throughout the United States for approximately $511 million
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Lyme Properties was featured in the September 6, 2006 edition of the New York Times, in an article entitled "A Location and a Technology Much in Demand."
Read the full story at www.nytimes.com
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CAMBRIDGE, Mass. (July 11, 2006) – David Clem, Managing Director and founder of Lyme Properties, one of the country’s oldest and largest life science property developers, today announced the signing of two leases in Lyme’s Center for Life Science Boston under construction in Boston’s Longwood Medical Area.
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New facility to provide Longwood Medical Area with access to a world of discovery
CAMBRIDGE, Mass. (July 26, 2005) – David Clem, Managing Director and founder of Lyme Properties, one of the country’s oldest and largest life science property developers, today announced the groundbreaking for Lyme’s newest project, the Center for Life Science Boston, to be constructed in the heart of Boston’s Longwood Medical Area. Mr. Clem joined the Honorable Mayor Thomas M. Menino and Carl S. Sloane, Chairman of the Board of Directors, Paul F. Levy, President and Chief Executive Officer, and Jeffrey S. Flier, MD and Chief Academic Officer, all of Beth Israel Deaconess Medical Center, along with a group of world-renowned medical researchers, in acclaiming this state-of- the-art life science research facility, which will be Boston’s largest medical research building.
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HANOVER, NEW HAMSPHIRE, April 18, 2005 - David Clem, Managing Director of Lyme Properties, announced an agreement to sell eight life science buildings and one parking garage in Cambridge, MA to BioMed Realty Trust of San Diego, California. The purchase price for the 1,150,000 square foot portfolio is $524 million, making it the largest single transaction in the history of life sciences real estate. “This transaction validates the work of Lyme for the past ten years and demonstrates the investment potential of first-class research space in well established academic centers,” said Clem.
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