Alexandria Real Estate Equities, Inc. (ARE)
NYSE: ARE · IEX Real-Time Price · USD
117.30
-2.35 (-1.96%)
At close: Apr 25, 2024, 4:00 PM
116.59
-0.71 (-0.61%)
After-hours: Apr 25, 2024, 4:25 PM EDT

Company Description

Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world.

As the pioneer of the life science real estate niche since our founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative life science, agtech, and advanced technology mega campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle.

Alexandria has a total market capitalization of $33.1 billion and an asset base in North America of 73.5 million SF as of December 31, 2023, which includes 42.0 million RSF of operating properties, 5.5 million RSF of Class A/A+ properties undergoing construction and one near-term project expected to commence construction in the next two years, 2.1 million RSF of priority anticipated development and redevelopment projects, and 23.9 million SF of future development projects.

Alexandria has a longstanding and proven track record of developing Class A/A+ properties clustered in life science, agtech, and advanced technology mega campuses that provide our innovative tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity, and success.

Alexandria also provides strategic capital to transformative life science, agrifoodtech, climate innovation, and technology companies through our venture capital platform.

We believe our unique business model and diligent underwriting ensure a high-quality and diverse tenant base that results in higher occupancy levels, longer lease terms, higher rental income, higher returns, and greater long-term asset value.

Alexandria Real Estate Equities, Inc.
Alexandria Real Estate Equities logo
Country United States
IPO Date May 27, 1997
Industry REIT - Office
Sector Real Estate
Employees 568
CEO Peter M. Moglia

Contact Details

Address:
26 North Euclid Avenue
Pasadena, California 91101
United States
Phone (626) 578-0777
Website are.com

Stock Details

Ticker Symbol ARE
Exchange NYSE
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001035443
CUSIP Number 015271109
ISIN Number US0152711091
Employer ID 95-4502084
SIC Code 6798

Key Executives

Name Position
Joel S. Marcus CPA, J.D. Founder and Executive Chairman
Peter M. Moglia Chief Executive Officer and Chief Investment Officer
Daniel J. Ryan Co-President and Regional Market Director of San Diego
Hunter L. Kass Co-President and Regional Market Director of Greater Boston
Marc E. Binda Chief Financial Officer and Treasurer
Vincent R. Ciruzzi Jr. Chief Development Officer
Dean A. Shigenaga CPA Strategic Consultant
Lawrence J. Diamond Co-Chief Operating Officer and Regional Market Director of Maryland
Joseph Hakman Co-Chief Operating Officer and Chief Strategic Transactions Officer
Andres R. Gavinet CPA Chief Accounting Officer

Latest SEC Filings

Date Type Title
Apr 22, 2024 8-K Current Report
Apr 22, 2024 10-Q Quarterly Report
Apr 3, 2024 ARS Filing
Apr 3, 2024 DEF 14A Other definitive proxy statements
Mar 13, 2024 144 Filing
Mar 1, 2024 144 Filing
Feb 26, 2024 144 Filing
Feb 15, 2024 8-K Current Report
Feb 15, 2024 424B5 Filing
Feb 15, 2024 8-K Current Report