Alexandria Real Estate Equities

OverviewSuggest Edit

Alexandria Real Estate Equities (ARE) is an urban office real estate investment trust. It is an owner, operator, and developer focused on collaborative life science, technology, and agtech campuses in AAA innovation cluster locations. ARE also provides strategic capital to transformative life science, technology, and agtech companies through its venture capital platform.
TypePublic
Founded1994
HQPasadena, CA, US
Websiteare.com
Employee Ratings4

Latest Updates

Employees (est.) (Dec 2020)470(+8%)
Job Openings78
Revenue (FY, 2020)$1.9 B(+24%)
Share Price (Jun 2022)$143.5(+5%)
Cybersecurity ratingAMore
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Key People/Management at Alexandria Real Estate Equities

Joel S. Marcus

Joel S. Marcus

Executive Chairman & Founder
Stephen A. Richardson

Stephen A. Richardson

Co-Chief Executive Officer
Peter M. Moglia

Peter M. Moglia

Co-Chief Executive Officer & Co-Chief Investment Officer
Dean A. Shigenaga

Dean A. Shigenaga

President & Chief Financial Officer
Lawrence J. Diamond

Lawrence J. Diamond

Co-Chief Operating Officer & Regional Market Director – Maryland
Daniel J. Ryan

Daniel J. Ryan

Co-Chief Investment Officer & Regional Market Director – San Diego
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Alexandria Real Estate Equities Office Locations

Alexandria Real Estate Equities has offices in Pasadena, Cambridge, Gaithersburg, New York and in 4 other locations
Pasadena, CA, US (HQ)
26 N Euclid Ave
Cambridge, MA, US
400 Technology Square #101
Gaithersburg, MD, US
946 Clopper Rd
New York, NY, US
430 E 29th St #100
Research Triangle, NC, US
5 Laboratory Dr #3200
San Diego, CA, US
10996 Torreyana Rd #250
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Alexandria Real Estate Equities Financials and Metrics

Alexandria Real Estate Equities Revenue

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View revenue for all periods
Alexandria Real Estate Equities's revenue was reported to be $1.89 b in FY, 2020 which is a 23.1% increase from the previous period.
USD

Revenue (Q1, 2021)

479.8m

Gross profit (Q1, 2021)

342.0m

Gross profit margin (Q1, 2021), %

71.3%

Net income (Q1, 2021)

25.5m

Market capitalization (24-Jun-2022)

22.2b

Closing stock price (24-Jun-2022)

143.5

Cash (31-Mar-2021)

492.2m

EV

30.3b
Alexandria Real Estate Equities's current market capitalization is $22.2 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

1.3b1.5b1.9b

Revenue growth, %

15%23%

Cost of goods sold

381.1m445.5m530.2m

Gross profit

946.3m1.1b1.4b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

320.1m325.0m341.8m358.8m373.9m390.5m439.9m437.0m545.0m479.8m

Cost of goods sold

91.8m91.9m99.8m101.5m105.7m116.5m129.1m123.9m140.4m137.9m

Gross profit

228.4m233.1m242.1m257.3m268.2m274.0m310.8m313.0m404.6m342.0m

Gross profit Margin, %

71%72%71%72%72%70%71%72%74%71%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

234.2m189.7m568.5m

Accounts Receivable

9.8m10.7m7.3m

PP&E

14.8m23.0m31.1m

Total Assets

14.5b18.4b22.8b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

402.8m404.0m827.2m

Depreciation and Amortization

477.7m544.6m698.1m

Cash From Operating Activities

570.3m683.9m882.5m

Purchases of PP&E

(1.0b)(2.3b)(2.6b)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

141.5m202.1m421.4m136.8m224.0m188.0m30.7m274.2m370.0m8.1m

Depreciation and Amortization

114.2m233.1m352.7m134.1m268.5m404.1m175.5m343.5m520.4m180.9m

Cash From Operating Activities

128.9m258.2m414.1m136.7m308.3m505.6m191.3m393.7m708.9m212.1m

Purchases of PP&E

(303.2m)(688.7m)(947.0m)(418.4m)(715.0m)(1.3b)(482.4m)(699.9m)(2.0b)(1.9b)
USDQ1, 2018

Debt/Equity

0.8 x

Debt/Assets

0.4 x

Financial Leverage

1.9 x
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Alexandria Real Estate Equities Operating Metrics

Alexandria Real Estate Equities's Properties was reported to be 338 in FY, 2020.
FY, 2018FY, 2019FY, 2020

Facility Space Leased, sq. ft.

4.72 m5.06 m4.36 m

Leases

207241244

Occupancy Rate

97.3%96.8%94.6%

Properties

237291338

Alexandria Real Estate Equities Acquisitions / Subsidiaries

Company NameDateDeal Size
Alexandria Real Estate Equities, L.P.
Alexandria Venture Investments, LLC
ARE - QRS Corp

Alexandria Real Estate Equities Revenue Breakdown

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Alexandria Real Estate Equities revenue breakdown by business segment: 99.6% from Income from rentals and 0.4% from Other

Human Capital Metrics

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Alexandria Real Estate Equities Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

SecurityScorecard logo

Alexandria Real Estate Equities Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Alexandria Real Estate Equities Online and Social Media Presence

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Alexandria Real Estate Equities News and Updates

Alexandria Real Estate Equities, Inc. Celebrates the Grand Opening of Alexandria LaunchLabs at Columbia to Accelerate the Commercialization of Novel Translational Science to Meet Significant Unmet Medical Needs

At the Vanguard and Heart of the Life Science Ecosystem™ NEW YORK, June 22, 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...

Alexandria Real Estate Equities, Inc. Earns Fifth Consecutive and Seventh Overall Nareit Investor CARE Award for Excellence in Communications and Reporting

PASADENA, Calif., June 7, 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...

Alexandria Real Estate Equities, Inc.'s Highly Impactful Long-Term Partnership With the Emily Krzyzewski Center Continues to Empower Underserved Students to Build Character and Achieve Academic and Career Success

DURHAM, N.C., 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...

Alexandria Real Estate Equities, Inc. to Join the National Medal of Honor Museum Foundation at Dallas Cowboys' 'Salute to Service' Game, to Celebrate the Company's Long-Term Support and Raise Awareness for the Future National Museum and Its Mission

PASADENA, Calif., Nov. 5, 2021 /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...

Joel S. Marcus, Executive Chairman and Founder of Alexandria Real Estate Equities, Inc./Alexandria Venture Investments, Honored by the 9/11 Memorial & Museum for Distinction in Civic Engagement and Renewal

PASADENA, Calif., Sept. 10, 2021 /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...

Alexandria Real Estate Equities, Inc. Announces Pricing Of Upsized Public Offering Of 7,000,000 Shares Of Common Stock

PASADENA, Calif., June 14, 2021 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. ("Alexandria" or the "Company") (NYSE: ARE) today announced the pricing of its upsized public offering of 7,000,000 shares of the Company's common stock at a price of $184.00 per share in connection with...
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Alexandria Real Estate Equities Frequently Asked Questions

  • When was Alexandria Real Estate Equities founded?

    Alexandria Real Estate Equities was founded in 1994.

  • Who are Alexandria Real Estate Equities key executives?

    Alexandria Real Estate Equities's key executives are Joel S. Marcus, Stephen A. Richardson and Peter M. Moglia.

  • How many employees does Alexandria Real Estate Equities have?

    Alexandria Real Estate Equities has 470 employees.

  • What is Alexandria Real Estate Equities revenue?

    Latest Alexandria Real Estate Equities annual revenue is $1.9 b.

  • What is Alexandria Real Estate Equities revenue per employee?

    Latest Alexandria Real Estate Equities revenue per employee is $4 m.

  • Who are Alexandria Real Estate Equities competitors?

    Competitors of Alexandria Real Estate Equities include Bridge Investment Group, Frasers Property and Boston Properties.

  • Where is Alexandria Real Estate Equities headquarters?

    Alexandria Real Estate Equities headquarters is located at 26 N Euclid Ave, Pasadena.

  • Where are Alexandria Real Estate Equities offices?

    Alexandria Real Estate Equities has offices in Pasadena, Cambridge, Gaithersburg, New York and in 4 other locations.

  • How many offices does Alexandria Real Estate Equities have?

    Alexandria Real Estate Equities has 8 offices.