Alexandria Real Estate Equities Inc

Alexandria Real Estate Equities Inc. (NYSE: ARE) an S&P 500 company is a best-in-class mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche since its founding in 1994 Alexandria is the preeminent and longest-tenured owner operator and developer of collaborative life science agtech and advanced technology campuses in AAA innovation cluster locations including Greater Boston the San Francisco Bay Area New York City San Diego Seattle Maryland and Research Triangle. The trusted partner to over 850 tenants Alexandria has a total market capitalization of $33.0 billion and an asset base in North America of 75.6 million square feet (SF) as of March 31 2023 which includes 41.9 million RSF of operating properties and 5.5 million RSF of Class A properties undergoing construction 9.7 million RSF of near-term and intermediate-term development and redevelopment projects and 18.5 million SF of future development projects. Alexandria has a longstanding and proven track record of developing Class A properties clustered in life science agtech and advanced technology campuses that provide our innovative tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity efficiency creativity and success. Alexandria also provides strategic capital to transformative life science agrifoodtech climate innovation and technology companies through our venture capital platform. We believe our unique business model and diligent underwriting ensure a high-quality and diverse tenant base that results in higher occupancy levels longer lease terms higher rental income higher returns and greater long-term asset value.