Alexandria Real Estate Equities Inc.

Public Company, Headquarters Location
385 E Colorado Blvd., Ste. 299, Pasadena, CA 91101-6104, United States
(626)396-4828, (626)578-0896 fax, http://www.labspace.com

Primary SIC: Real Estate Investment Trusts, Primary NAICS: Real Estate Investment Trusts
Description: Alexandria Real Estate Equities Inc. is a Maryland corporation formed in October 1994. The company is the largest owner and pre-eminent first-in-class real estate investment trust (REIT) focused principally on science-driven cluster formation. The company is a leading provider of high-quality environmentally sustainable real estate, technical infrastructure and services to the broad and diverse life science industry. Alexandria Real Estate Equities' client tenants include institutional (universities and independent not-for-profit institutions), pharmaceutical, biopharmaceutical, medical device, product, service, and translational entities as well as government agencies. The REIT's operating platform is based on the principle of "clustering," with assets and operations located in key life science markets. As of December 31, 2008, the company had 155 properties located in 10 states in the United States and four properties located in Canada, containing approximately 11.7 million rentable square feet; and properties undergoing ground-up development of approximately 875,000 rentable square feet. The company's property operations and investment activities are principally in the following life science markets: California-Los Angeles Metro; California-San Diego; California-San Francisco Bay; Eastern Massachusetts; New Jersey/Suburban Philadelphia; New York City; Southeast; Suburban Washington, D.C.; Washington-Seattle; and International. Alexandria Real Estate Equities is headquartered in Pasadena, Calif.Finance: Real estate investment trust.