Alexandria: An Investment-Grade REIT for the Life Science Industry™
Joel S. Marcus, Chairman, CEO & Founder of Alexandria Real Estate Equities, Inc.
Alexandria Real Estate Equities, Inc. (NYSE: ARE), a self-administered and self-managed investment-grade real estate investment trust (REIT), is the largest and leading REIT focused principally on owning, operating, developing, redeveloping, and acquiring high-quality, sustainable real estate for the broad and diverse life science industry. Founded in 1994, Alexandria was the first REIT to identify and pursue the laboratory niche and has since had the first-mover advantage in the core life science cluster locations including Greater Boston, San Francisco Bay Area, San Diego, New York City, Seattle, Suburban Washington, D.C., and Research Triangle Park. Alexandria’s high-credit client tenants span the life science industry, including renowned academic and medical institutions, multinational pharmaceutical companies, public and private biotechnology entities, United States government research agencies, medical device companies, industrial biotech companies, venture capital firms, and life science product and service companies. As the recognized real estate partner of the life science industry, Alexandria has a superior track record in driving client tenant productivity, collaboration, and innovation through its best-in-class laboratory and office space adjacent to leading academic medical research centers, unparalleled life science real estate expertise and services, and longstanding and expansive network in the life science community. We believe these advantages result in higher occupancy levels, longer lease terms, higher rental income, higher returns, and greater long-term asset value.
Chairman, CEO & Founder, Joel S. Marcus, was interviewed by REIT.com for a CEO Spotlight video during REITWorld 2012: NAREIT’s Annual Convention. Mr. Marcus discussed Alexandria’s leadership in the life science industry niche, including industry and regional trends. Watch the video.
Investment Grade Balance Sheet
In 2011, Alexandria obtained investment grade ratings from Moody's (Baa2 Stable) and Standard & Poor's (BBB-Stable).
As the first REIT focused on the life science real estate niche, Alexandria has assembled a First in Class® portfolio of the highest quality assets in the world's top life science clusters.
Best-in-Class Management and Regional Teams
With seasoned real estate and life science experts located in each submarket, Alexandria has an unparalleled team of professionals dedicated to serving our client tenants.
More than a Landlord: Unique and Value-Added Real Estate Partner
At Alexandria, we have re-defined the meaning of landlord by viewing each and every client tenant as a partner, where Alexandria plays a key role in the success of our partner's business by offering proprietary LABSPACE® services and design assistance, capital, construction management, technical expertise, a continuum of product offering to meet our client tenants' needs, and a deep network of industry relationships.
Unique Industry and Tenant Underwriting Capability
Alexandria has a best-in-class science/business research team that enables Alexandria to understand and strategically capitalize on industry trends.