Alexandria Real Estate Equities, Inc.

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Alexandria Real Estate Equities, Inc.

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(NYSE:ARE)
Contact Information
Alexandria Real Estate Equities, Inc.
385 E. Colorado Blvd., Ste. 299
Pasadena, CA 91101
CA Tel. 626-578-0777
Fax 626-578-0896

Type: Public
On the web: http://www.labspace.com
Employees: 212
Employee growth: 40.4%

The pearl of the Mediterranean might be found in Egypt, but the pearls of science are typically found in the lab. Alexandria Real Estate Equities owns, develops, and operates offices and labs to life science tenants including biotech and pharmaceutical companies, universities, research institutions, medical office developers, and government agencies. A real estate investment trust (REIT), Alexandria owns about 170 specialized properties with more than 13 million sq. ft. of rentable space in the US and Canada. Its portfolio is largely located in high-tech hotbeds such as Boston, greater New York City, the San Francisco Bay area, San Diego, Seattle, and suburban Washington, DC.

Key numbers for fiscal year ending December, 2011:
Sales: $567.0M
One year growth: 16.3%
Net income: $131.4M
Income growth: (2.9%)

Officers:
Chairman, President, and CEO: Joel S. Marcus
SVP, CFO, and Treasurer: Office REITs

Competitors:
BioMed Realty
CommonWealth REIT
Liberty Property Trust

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