The Yield Hunter Let's make some money and sleep well at night
|
Alexandria Real Estate Equities
A Commercial/Industrial REIT
Period End 9/30/2007
|
Copyrights 2006-2007 SGM Publishing
|
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.