Alexandria Real Estate Equities, Inc. logo ARE - Alexandria Real Estate Equities, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
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BUY 9
HOLD 14
SELL 1
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| PRICE TARGET: $52.00 DETAILS
HIGH: $60.00
LOW: $43.00
MEDIAN: $52.50
CONSENSUS: $52.00
UPSIDE: 8.60%

About Alexandria Real Estate Equities, Inc. (https://www.are.com)

Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500® real estate investment trust, stands as the pioneering and most seasoned entity in the specialized domain of urban office properties. Since its inception in 1994, Alexandria has uniquely focused on the ownership, operation, and development of integrated campuses tailored for the life science, technology, and agtech sectors, strategically positioned within premier innovation ecosystems. By December 31, 2020, the company commanded a market capitalization of $31.9 billion and managed an extensive North American asset portfolio totaling 49.7 million square feet. This substantial base encompasses 31.9 million RSF of operational properties, 3.3 million RSF of premium Class A spaces currently under construction, 7.1 million RSF designated for near-to-mid-term development and refurbishment, and an additional 7.4 million SF earmarked for future projects. Alexandria has cultivated a significant footprint across vital innovation hubs such as Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland, and Research Triangle. Its established expertise lies in crafting superior Class A facilities within these urban campuses, fostering dynamic and collaborative environments. These spaces are instrumental in empowering innovative tenants to successfully attract and retain world-class professionals, thereby stimulating productivity, efficiency, creativity, and overall achievement. Furthermore, Alexandria extends its support to transformative life science, technology, and agtech companies through its dedicated venture capital platform. This distinct business model, coupled with rigorous underwriting practices, ensures a diverse and high-caliber tenant roster, ultimately driving elevated occupancy rates, extended lease durations, robust rental revenues, superior financial returns, and enhanced long-term asset appreciation.

Key Executives

NAME TITLE DOB SALARY
Joel S. Marcus Founder & Executive Chairman 1947 $6,568,591 USD
Peter Moglia Chief Executive Officer & Chief Investment Officer 1967 $2,730,000 USD
Hunter L. Kass Co-President & Regional Market Director of Greater Boston 1983 $2,500,000 USD
Dean A. Shigenaga Strategic Consultant 1967 $2,370,153 USD
Marc E. Binda Chief Financial Officer & Treasurer 1977 $1,710,000 USD
John Hart Cole Co-President & Co-Regional Market Director of Seattle 1986 $1,355,000 USD
Lawrence J. Diamond Co-COO & Co- Regional Market Director of Maryland 1958 $1,200,000 USD
Andres R. Gavinet Chief Accounting Officer 1969
Andrew U. Reinach Senior Vice President of Real Estate Development & Construction
Bret E. Gossett Executive Vice President - Co-Regional Market Director & Head of Leasing - San Diego 1966
Daniel T. Tsang Senior VP & China Country Manager
Greg N. Gehlen Senior Vice President of Construction & Development
Gregory C. Thomas Executive Vice President & Chief Technology Officer 1964
Jackie Clem General Counsel & Secretary 1969
John J. Cox Senior Vice President & Regional Market Director of Seattle
Joseph Hakman Co-COO & Chief Strategic Transactions Officer 1971
Monica Rivera Beam Senior Vice President of Science & Technology 1984
Timothy White Senior Vice President of Asset Services

Company Peers

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