Alexandria Real Estate Equities, Inc. (ARE)

167.79 -3.03 (-1.77%) At close: 04:00PM EST

Alexandria Real Estate Equities, Inc.

26 North Euclid Avenue
Pasadena, CA 91101
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 & Exec. Chairman	6.03M	N/A	1947
Mr. Peter M. Moglia	CEO & Co-Chief Investment Officer	2.39M	N/A	1967
Mr. Dean A. Shigenaga CPA	Pres & CFO	2.05M	N/A	1967
Mr. Daniel J. Ryan	Co-Chief Investment Officer & Regional Market Director of San Diego	3.39M	N/A	1966
Mr. John H. Cunningham	Exec. VP & Regional Market Director of New York City	1.35M	N/A	1961
Mr. Hunter L. Kass	Exec. VP & Regional Market Director at Greater Boston	3.21M	N/A	1983
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, CPA	Chief Accounting Officer	N/A	N/A	1969
Dr. Monica Rivera Beam Ph.D.	Sr. VP of Science & Technology	N/A	N/A	1984

Amounts are as of December 31, 2021 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) is an S&P 500 urban office real estate investment trust ("REIT"). The firm is the first, longest-tenured, and pioneering 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 $31.9 billion as of December 31, 2020, and an asset base in North America of 49.7 million square feet ("SF"). The asset base in North America includes 31.9 million RSF of operating properties and 3.3 million RSF of Class A properties undergoing construction, 7.1 million RSF of near-term and intermediate-term development and redevelopment projects, and 7.4 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 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 February 1, 2023 is 9. The pillar scores are Audit: 3; 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.