Alexandria Real Estate Equities, Inc. is an American real estate investment trust headquartered in Pasadena, California, founded in 1994 by Joel Marcus and colleagues, originally to lease laboratory space to biotechnology tenants in Alexandria, Virginia, from which it took its name. It became the leading owner and developer of life-science real estate in the United States, building campuses of laboratory and office space leased to pharmaceutical, biotechnology and agricultural-technology companies.
Facts
Company TypeAmerican life science and technology real estate investment trust 1 Founded Year Headquarters Connections
Operates In
A major real estate or REIT company; classified in the atlas real-estate-industry.
In the Other Atlases
Sources
1. Wikipedia, Alexandria Real Estate Equities, Inc.
WikipediaLead section, first sentence
Alexandria Real Estate Equities, Inc. is a real estate investment trust based in Pasadena, California that invests in office buildings and laboratories leased to tenants in the life science and technology industries.
History section, first sentence
In 1993, one of the partners of Jacobs Engineering Group, Jerry M. Sudarsky, was presented with a Business Plan written by Kendell R. Lang titled BioProperties Management Group, Inc., which was a plan to form a REIT dedicated to funding biotech properties.
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