Alexandria Real Estate Equities Inc logo

Alexandria Real Estate Equities Inc ARE

Market Closed
26 Jul, 20:00
NYSE NYSE
$
118. 92
+2.91
+2.51%
After Hours
$
116. 10
-2.82 -2.37%
20.48B Market Cap
94.3 P/E Ratio
5.2% Div Yield
920,100 Volume
1.64 Eps
$ 116.01
Previous Close
Day Range
117 119.65
Year Range
90.73 135.45

ARE Chart

Alexandria Real Estate Equities Inc Profile

REIT - Office Industry
Real Estate Sector
Mr. Joel S. Marcus CPA, J.D. CEO
NYSE Exchange
US0152711091 ISIN
US Country
568 Employees
- Last Dividend
- Last Split
27 May 1997 IPO Date

Overview

Alexandria Real Estate Equities, Inc. (NYSE: ARE), an esteemed member of the S&P 500, stands as a leader in the mission-driven life science Real Estate Investment Trust (REIT) sector, committed to making a profound and enduring impact on the world. Founded in 1994, Alexandria established the life science real estate niche and has since maintained its position as the foremost and most experienced owner, operator, and developer of collaborative life science, agtech, and advanced technology mega campuses. These campuses are strategically located in AAA innovation cluster locations across the United States, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. With a substantial market capitalization totaling $33.1 billion and an extensive asset base spanning 73.5 million square feet in North America as of December 31, 2023, Alexandria exemplifies a remarkable track record. This track record includes creating Class A/A+ properties that foster highly dynamic and collaborative environments crucial for attracting and retaining top-tier talent and supporting the success of its innovative tenants. Additionally, through its venture capital platform, Alexandria actively provides strategic capital to groundbreaking companies in life science, agrifoodtech, climate innovation, and technology sectors, further demonstrating its comprehensive commitment to fostering growth and excellence within these critical areas of innovation.

Products and Services

  • Life Science, Agtech, and Technology Real Estate:
  • Alexandria excels in developing, owning, and operating collaborative mega campuses in AAA innovation cluster locations. These campuses are tailored for companies in the life sciences, agtech, and advanced technology sectors, offering state-of-the-art facilities that promote productivity, efficiency, creativity, and success.

  • Class A/A+ Property Development:
  • The company has a proven expertise in creating Class A/A+ properties, which are central to its strategy of clustering such properties within mega campuses. These developments not only meet the highest standards of quality and environmental sustainability but also provide tenants with the necessary infrastructure to thrive and innovate.

  • Venture Capital Investments:
  • Alexandria extends its impact beyond real estate through strategic venture capital investments in transformative companies within the life science, agrifoodtech, climate innovation, and technology sectors. This venture capital platform enables Alexandria to support the growth and development of these sectors by providing critical capital and resources.

Contact Information

Address: 26 North Euclid Avenue, Pasadena, CA, United States, 91101-6104
Phone: 626 578 0777