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Alexandria Real Estate Equities Inc. (ARE)At 3:39PM ET: 64.10  Up 0.49 (0.77%)  
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Alexandria Real Estate Equities Inc.
385 East Colorado Boulevard
Suite 299
Pasadena, CA 91101
United States - Map
Phone: 626-578-0777
Fax: 626-578-0896
Web Site: http://www.labspace.com

DETAILS 
Index Membership:S&P 400 MidCap
S&P 1500 Super Comp
Sector:Financial
Industry:REIT - Industrial
Full Time Employees:152

BUSINESS SUMMARY 
Alexandria Real Estate Equities, Inc., a real estate investment trust (REIT), engages in the ownership, operation, management, development, acquisition, and redevelopment of properties for the life sciences industry. Its properties consist of buildings containing scientific research and development laboratories, and other improvements. The company offers its properties for lease primarily to universities and independent not-for-profit institutions; and pharmaceutical, biotechnology, medical device, life science product, service, biodefense, and translational research entities, as well as governmental agencies. As of December 31, 2006, it had 159 properties, including 156 properties located in 9 states in the United States and 3 properties located in Canada. As a REIT, the company is not subject to federal income tax to the extent that it distributes 100% of its taxable income to its stockholders. The company was founded in 1993 and is based in Pasadena, California.
Key Statistics

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    CORPORATE GOVERNANCE 
    Alexandria Real Estate Equities Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 51.3% of S&P 400 companies and 76.1% of Real Estate companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Joel S. Marcus CPA, 61
    Chairman, Chief Exec. Officer and Pres
    $ 2.13M $ 0
    Mr. Dean A. Shigenaga , 42
    Chief Financial Officer, Principal Accounting Officer, Sr. VP and Treasurer
    $ 435.00K $ 0
    Mr. James H. Richardson , 49
    Consultant
    $ 802.00K $ 384.00K
    Mr. Jerry M. Sudarsky , 90
    Founder and Chairman Emeritus
    N/A N/A
    Mr. John Cunningham ,
    Sr. VP of Strategic Operations
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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