Alexandria Real Estate Equities, Inc. (ARE)

119.71 -0.18 (-0.15%) At close: 04:00PM EST

Alexandria Real Estate Equities, Inc.

26 North Euclid Avenue
Pasadena, CA 91101-6104
United States
626 578 0777
https://www.are.com

Sector(s): Real Estate
Industry: REIT - Office
Full Time Employees: 593

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Joel S. Marcus CPA, J.D.	Founder & Executive Chairman	6.25M	N/A	1947
Mr. Peter M. Moglia	CEO & Chief Investment Officer	2.5M	N/A	1967
Mr. Daniel J. Ryan	Co-President & Regional Market Director of San Diego	3.44M	N/A	1966
Mr. Hunter L. Kass	Co-President & Regional Market Director of Greater Boston	3.28M	N/A	1983
Mr. Vincent R. Ciruzzi Jr.	Chief Development Officer	1.26M	N/A	1963
Mr. Dean A. Shigenaga CPA	Strategic Consultant	2.34M	N/A	1967
Mr. Marc E. Binda	Chief Financial Officer & Treasurer	N/A	N/A	1976
Mr. Lawrence J. Diamond	Co-COO & Regional Market Director of Maryland	N/A	N/A	1958
Mr. Joseph Hakman	Co-COO & Chief Strategic Transactions Officer	N/A	N/A	1971
Mr. Andres R. Gavinet CPA	Chief Accounting Officer	N/A	N/A	1969

Amounts are as of December 31, 2022 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 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche since our founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative life science, agtech, and advanced technology mega campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. The trusted partner to over 800 tenants, Alexandria has a total market capitalization of $28.3 billion and an asset base in North America of 75.1 million SF as of September 30, 2023, which includes 41.5 million RSF of operating properties and 5.6 million RSF of Class A/A+ properties undergoing construction, 8.9 million RSF of near-term and intermediate-term development and redevelopment projects, and 19.1 million SF of future development projects. Alexandria has a longstanding and proven track record of developing Class A/A+ properties clustered in life science, agtech, and advanced technology mega 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, agrifoodtech, climate innovation, and technology companies through our venture capital platform. 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 December 1, 2023 is 9. The pillar scores are Audit: 4; Board: 10; Shareholder Rights: 9; Compensation: 4.

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.