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 Ratings3.9

Latest Updates

Employees (est.) (Dec 2020)470(+8%)
Job Openings66
Revenue (FY, 2020)$1.9 B(+24%)
Share Price (Jun 2021)$187.5(+2%)
Cybersecurity ratingAMore

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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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 (7-Jun-2021)

27.7b

Closing stock price (7-Jun-2021)

187.5

Cash (31-Mar-2021)

492.2m

EV

35.7b
Alexandria Real Estate Equities's current market capitalization is $27.7 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
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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

92/100

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

CSRHub ESG ratingPremium dataset

40-49

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. stock rises Tuesday, outperforms market

Shares of Alexandria Real Estate Equities Inc. ARE, +0.18% inched 0.18% higher to $171.00 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -0.10% falling 0.10% to 4,073.94 and Dow Jones Industrial Average DJIA, -0.29% falling 0.…

Alexandria Real Estate Equities, Inc. Declares Cash Dividend of $1.09 per Common Share for 1Q21

Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced that its Board of Directors declared a quarterly cash dividend of $1.09 per common share for the first quarter of 2021. The dividend is payable on April 15, 2021, to shareholders of record on March 31, 2021. The common stock dividend …

Alexandria Real Estate Equities, Inc. to Hold Its First Quarter 2021 Operating and Financial Results Conference Call and Webcast on April 27, 2021

Alexandria Real Estate Equities, Inc. (NYSE: ARE) today announced that the company will conduct a conference call and audio webcast on Tuesday, April 27, 2021, at 3:00 p.m. Eastern Time (ET), in conjunction with the release of its operating and financial results for the first quarter ended March 31,…

Alexandria Real Estate Equities, Inc. Announces Redemption of Its Outstanding 4.000% Senior Notes Due 2024

Alexandria Real Estate Equities, Inc. ("Alexandria" or the "Company") (NYSE: ARE) today announced its intention to redeem all of its outstanding 4.000% Senior Notes due 2024 (CUSIP No. 015271 AM1) (the "Notes"), pursuant to its option under the Indenture, dated as of March 3, 2017 (the "Base Indentu…

Alexandria Real Estate Equities, Inc. Announces Expiration of Tender Offer for Any and All of Its Outstanding 4.000% Senior Notes Due 2024

Alexandria Real Estate Equities, Inc. ("Alexandria" or the "Company") (NYSE: ARE) announced today the expiration of the previously announced cash tender offer by the Company for any and all of its outstanding 4.000% Senior Notes due 2024 (CUSIP No. 015271 AM1) (the "Notes") on the terms of, and subj…

Alexandria Real Estate Equities, Inc. Announces Pricing of Tender Offer for Any and All of Its Outstanding 4.000% Senior Notes Due 2024

Alexandria Real Estate Equities, Inc. ("Alexandria" or the "Company") (NYSE: ARE) announced today that it has priced the previously announced cash tender offer for any and all of its outstanding 4.000% Senior Notes due 2024 (CUSIP No. 015271 AM1) (the "Notes") on the terms of, and subject to the con…
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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 Frasers Property, Boston Properties and Paramount Group.

  • 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.