Alexandria Real Estate Equities, Inc. (NYSE: ARE), a prominent life science real estate investment trust (REIT), is making waves in the industry with its best-in-class and mission-driven approach. Founded in 1994 as a pioneer in the life science real estate niche, Alexandria is the longest-tenured owner, operator, and developer of collaborative life science, agtech, and technology campuses in AAA innovation cluster locations such as Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. With a trusted partnership with approximately 1,000 tenants, Alexandria boasts a total market capitalization of $35.0 billion and an enviable North American asset base of 74.6 million square feet ("SF"), as of December 31, 2022, which includes 41.8 million RSF of operating properties and 5.6 million RSF of Class A properties undergoing construction, 9.9 million RSF of near-term and intermediate-term development and redevelopment projects, and 17.3 million SF of future development projects. The success of Alexandria's business model is rooted in their reputation for developing Class A properties clustered in life science, agtech, and technology campuses that reignite creativity, productivity, and ultimately foster success for their innovative tenants. In addition, Alexandria has a strong venture capital platform, which provides strategic capital to transformative life science, agrifoodtech, climate innovation, and technology companies. This unique business model has enabled Alexandria to achieve a high-quality and diverse tenant base while ensuring higher occupancy levels, longer lease terms, higher rental income, higher returns, and greater long-term asset value. Alexandria is an S&P 500® company, and its impressive track record speaks for itself, making it a valuable addition to any portfolio.
Alexandria Real Estate Equities's ticker is ARE
The company's shares trade on the LSE stock exchange
They are based in London, England
There are 501-1000 employees working at Alexandria Real Estate Equities
It is are.com