Profile: Alexandria Real Estate Equities Inc (ARE)
23 Jan 2017
Alexandria Real Estate Equities, Inc., incorporated on October 27, 1994, is a real estate investment (REIT). The Company is engaged in the business of providing office/laboratory and technology office space for lease to the science and technology industries. The Company is focused on collaborative science and technology campuses. It develops urban cluster campuses and ecosystems. It has approximately 200 properties and its asset base consists of approximately 30 million square feet, including over 20.1 million rentable square feet/foot (RSF) of operating properties and development and redevelopment projects under construction or pre-construction, as well as approximately 11.9 million square feet of future ground-up development projects. These operating properties and development projects include approximately 10 properties under real estate joint venture arrangements, of which approximately eight properties are held by consolidated real estate joint ventures and over three properties are held by unconsolidated real estate joint ventures.
The Company's properties include Alexandria Center at Kendall Square, Alexandria Technology Square, Alexandria Park at 128, Alexandria Technology Center-Gateway, Alexandria Center for Life Science, ARE Spectrum, ARE Nautilus, ARE Sunrise, 3545 Cray Court, Alexandria Center for Life Science at Campus Pointe, ARE Towne Centre, ARE Esplanade, 9880 Campus Point Drive, ARE Portola, Alexandria Technology Center-Gaithersburg I, Alexandria Technology Center-Gaithersburg II and Research Triangle Park. The Company's properties are primarily located in the markets, which include Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland, Research Triangle Park, Canada and Asia. As of December 31, 2015, the Company had approximately 570 leases with approximately 425 tenants, and approximately 90 of its approximately 200 properties were single-tenant properties. The Company's tenants include multinational pharmaceutical companies, public and private biotechnology, life science product and service, medical device, digital health, and technology companies; academic and medical research institutions; the United states government research agencies; non-profits, and venture capital firms. The Company has operating properties in Canada, China and India, as well as various land parcels in India.
Alexandria Real Estate Equities Inc
385 E Colorado Blvd Ste 299
PASADENA CA 91101-6104
Company Web Links
- BRIEF-Alexandria Real Estate Equities reports Q3 results
- BRIEF-Alexandria Real Estate files for offering of up to $600 mln shares - SEC filing
- U.S. RESEARCH ROUNDUP-Urban Outfitters, Alliance Data Systems, Iberiabank
- BRIEF-Alexandria Real Estate Equities reports Q2 FFO per share of $1.36
- BRIEF-Alexandria Real Estate sees 2016 adj FFO/shr $5.48-$5.54