Alexandria Real Estate Equities, Inc. Executive Chairman and Founder Joel Marcus to Deliver Keynote at Research Triangle Regional Partnership's 2018 State of the Region Event

PASADENA, Calif., May 30, 2018 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE), an urban office REIT uniquely focused on collaborative life science, technology and agtech campuses in AAA innovation cluster locations, today announced that its executive chairman and founder, Joel S. Marcus, is serving as a keynote speaker at the Research Triangle Regional Partnership's 2018 State of the Region event this afternoon in Raleigh, North Carolina.

The event is expected to draw nearly 1,000 business and community leaders to assess the Triangle's attributes and address the challenges of making the cluster more competitive. This year's event will highlight how the cluster can facilitate economic growth and provide infrastructural improvements to prepare for more diversified expansion in the future. 

Mr. Marcus's remarks will focus on what it takes to build a vibrant life science, technology and agtech cluster. He will highlight Alexandria's successful execution of its urban cluster campus strategy across the top innovation clusters in the United States. Mr. Marcus will also discuss how Research Triangle Park compares to other key innovation clusters and the need for the region to urbanize to drive innovation and growth.

"It is an honor to have been invited to speak to a group of key stakeholders invested in the future growth of the Research Triangle cluster," said Mr. Marcus. "With the Triangle's diverse mix of companies, renowned academic institutions, skilled talent and venture capital funding, the cluster has some of the key ingredients to enable innovative companies to grow. Now more than ever, it is critical for the Research Triangle Park to pursue its non-profit mission with a sense of urgency and to make investments toward urbanization that will catalyze the ecosystem."

About Alexandria Real Estate Equities, Inc.

Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500^® company, is an urban office REIT uniquely focused on collaborative life science and technology campuses in AAA innovation cluster locations, with a total market capitalization of $17.9 billion and an asset base in North America of 30.2 million SF as of March 31, 2018. The asset base in North America includes 20.8 million RSF of operating properties and 3.5 million RSF of development and redevelopment of new Class A properties currently undergoing construction and pre-construction activities with target delivery dates ranging from 2018 through 2020. Additionally, the asset base in North America includes 5.9 million SF of intermediate-term and future development projects, including 3.6 million SF of intermediate-term 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 Park. Alexandria has a longstanding and proven track record of developing Class A properties clustered in urban life science and technology campuses that provide its 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 and technology companies through its 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. For additional information, please visit www.are.com.

CONTACT: Sara Kabakoff, Senior Manager – Corporate Communications, Alexandria Real Estate Equities, Inc., (626) 788-5578

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SOURCE Alexandria Real Estate Equities, Inc.