JUNE 1994: Joel Marcus and Jerry Sudarsky founded Alexandria, the first Real Estate Investment Trust (“REIT”) to focus on the life science industry.
Jerry M. Sudarsky, Founder
Joe Flom and Jerry Sudarsky on left, Joe Jacobs on right. Jerry served on the board of directors for
JUNE - DECEMBER
1994: Alexandria’s acquires its first properties in Torrey Pines, San Diego.
11099 North Torrey Pines, San Diego
3535 General Atomics Court, San Diego
MAY - DECEMBER
1996: Alexandria expands into the Seattle and Suburban Washington, D.C. markets.
1124 Columbia Street, Seattle
1413 Research Boulevard, Rockville
MAY 1997: Alexandria Real Estate Equities, Inc. executes an initial public offering, trading on the New York Stock Exchange under the ticker symbol “ARE”.
July 19, 2005 | NYSE bell ringing
Patent and Trademark Office
Photo from NYSE on first day of trading, May 28, 1997
JUNE 1999: Alexandria enters the Greater Boston and Research Triangle Park markets and launches its first innovative product designed specifically for start-up life science companies, The Science Hotel®.
The Science Hotel®, 790 Memorial Drive, Cambridge
SEPTEMBER 2005: Alexandria breaks ground in Mission Bay, San Francisco.
1700 Owens Street
NOVEMBER 2005: Alexandria begins to expand internationally.
JULY 2006: Alexandria announces purchase of premier life science and technology campus in the heart of Cambridge, Massachusetts, Alexandria’s Technology Square.
AUGUST 2010: Alexandria acquires key personnel and strategic facilities from Veralliance Properties in San Diego.
SEPTEMBER 2010: Alexandria opens New York City’s first and only commercial life science park, the Alexandria Center™ for Life Science.
APRIL 2011: Alexandria launches the first annual Alexandria Summit™, a groundbreaking forum
for visionaries from the medical, academic, industry, financial, advocacy, and government communities to tackle the most critical global healthcare challenges shaping the future of life science research and development.
JULY 2011: ARE receives Baa2/BBB- (stable outlook) investment grade rating from two major rating agencies.
JULY 2012: Alexandria rings The Closing Bell at the NYSE to celebrate the Company's 15th anniversary as a publicly traded company.