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.[1] Properties are generally located near universities to attract tenants.[3] The company owns several major technology/biotechnology office campuses including the 740,972 square foot Alexandria Center for Life Science in Manhattan, and the 2,365,487 square foot Alexandria Center at Kendall Square and the 1,181,635 square foot Technology Square (Cambridge, Massachusetts) in the Boston area.[1]
The company is dependent on the life sciences industry and funding for research by the United States Government.[1]
The company also has a venture capital arm, Alexandria Venture Investments, which invests in life sciences firms.[4]