At the vanguard and heart of the life science ecosystemâ„¢
With its nearly three-decades-long stellar track record as the visionary pioneer and creator of the life science real estate niche, Alexandria has strategically amassed industry-leading scale with an asset base of over 74 million square feet in its key cluster markets in North America and cultivated a high-quality and diverse roster of over 1,000 tenants
NEW YORK, May 16, 2022 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE), an urban office REIT and the first, longest-tenured and pioneering owner, operator and developer uniquely focused on collaborative life science, agtech and technology campuses in AAA innovation cluster locations, today announced that it will ring The Opening Bell® at the New York Stock Exchange (NYSE) this morning in celebration of the company's 25th anniversary on the NYSE. Alexandria executive chairman and founder, Joel S. Marcus, will ring the bell, alongside members of the company's board of directors and long-tenured executive management team. From its initial public offering (IPO) in May 1997 through December 31, 2021, Alexandria has generated a total stockholder return (TSR) of 2,532%, substantially outperforming the MSCI U.S. REIT Index TSR of 939% and the FTSE Nareit Equity Office Index TSR of 552% (assuming reinvestment of dividends)...
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