ARE - Alexandria Real Estate Equities, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD

Alexandria Real Estate Equities, Inc.

26 North Euclid Avenue
Pasadena, CA 91101
United States
626-578-0777
http://www.are.com

SectorReal Estate
IndustryREIT—Office
Full Time Employees386

Key Executives

NameTitlePayExercisedYear Born
Mr. Joel S. Marcus CPA, J.D.Founder & Exec. Chairman3.54MN/A1948
Mr. Peter M. MogliaCo-CEO & Co-Chief Investment Officer2.17MN/A1967
Mr. Stephen A. RichardsonCo-Chief Exec. Officer2.17MN/A1961
Mr. Thomas J. AndrewsCo-Pres & Regional Market Director of Greater Boston1.79MN/A1960
Mr. Dean A. ShigenagaCo-Pres & CFO1.79MN/A1967
Amounts are as of December 31, 2018 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. Currency in USD.

Description

Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500<sup>®</sup>urban office real estate investment trust ("REIT"), is the first and longest-tenured owner, operator, and developer uniquely focused on collaborative life science, technology, and agtech campuses in AAA innovation cluster locations, with a total market capitalization of $24.3 billion as of September 30, 2019, and an asset base in North America of 38.5 million square feet ("SF") as of October 28, 2019, including pending acquisitions. The asset base in North America includes 26.1 million RSF of operating properties and 2.5 million RSF of Class A properties undergoing construction or pre-construction, with projected initial occupancy in 4Q19-2020, 4.9 million RSF of intermediate-term Class A properties undergoing or nearing pre-construction, and 5.0 million SF of future development projects. Founded in 1994, Alexandria pioneered this niche and has since established a significant market presence in key locations, including Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria has a longstanding and proven track record of developing Class A properties clustered in urban life science, technology, and agtech campuses that provide our innovative tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity, and success. Alexandria also provides strategic capital to transformative life science, technology, and agtech companies through our venture capital arm. We believe our unique business model and diligent underwriting ensure a high-quality and diverse tenant base that results in higher occupancy levels, longer lease terms, higher rental income, higher returns, and greater long-term asset value.

Corporate Governance

Alexandria Real Estate Equities, Inc.’s ISS Governance QualityScore as of October 4, 2019 is 9. The pillar scores are Audit: 1; Board: 10; Shareholder Rights: 9; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.