ARE Stock Quote
Company Report
Alexandria Real Estate Equities, Inc. (NYSE: ARE) is a distinguished urban office real estate investment trust (REIT) listed on the S&P 500. Established in 1994, Alexandria is recognized as the pioneering owner, operator, and developer specializing in collaborative life science, technology, and agtech campuses located in premier innovation cluster destinations. As of December 31, 2020, the company boasted a robust market capitalization of $31.9 billion and an extensive North American asset base spanning 49.7 million square feet (SF). This portfolio comprises 31.9 million RSF of operational properties, 3.3 million RSF under Class A properties currently in construction, and plans for 7.1 million RSF in near-term and intermediate-term development and redevelopment projects, along with 7.4 million SF earmarked for future development.
With a strategic presence in key markets such as Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland, and Research Triangle, Alexandria has cultivated a strong track record in developing Class A properties tailored for urban life science, technology, and agtech campuses. These environments are meticulously designed to foster collaboration, innovation, and productivity among tenants, facilitating their ability to attract and retain top-tier talent. Moreover, Alexandria actively supports transformative companies in the life sciences, technology, and agtech sectors through its venture capital platform, strategically deploying capital to drive growth and innovation within its tenant ecosystem.
Driven by a unique business model and rigorous underwriting standards, Alexandria maintains a high-quality and diversified tenant base, resulting in robust occupancy rates, extended lease terms, enhanced rental income, superior returns on investment, and increased long-term asset appreciation. As a leader in the niche urban office REIT sector, Alexandria continues to innovate and expand its footprint, consistently delivering value to its stakeholders while shaping the future of collaborative workspaces in cutting-edge industries.
ARE EPS Chart
ARE Revenue Chart