ARE

Alexandria Real Estate Equities, Inc. (NYSE:ARE) is a specialized real estate investment trust founded in 1994 that pioneered the niche of developing and operating laboratory and office facilities specifically designed for life science companies. As the first and longest-tenured REIT focused exclusively on life science real estate, Alexandria has established itself as the dominant player in this specialized market. The company owns and operates a portfolio of approximately 50 million square feet across key innovation clusters in North America, including Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria went public in 1997 and is now a component of the S&P 500 index.