Alexandria Real Estate Equities Inc., founded in 1994 and headquartered in Pasadena, California, is a leading real estate investment trust (REIT) focused on the ownership, operation, and development of high-quality lab and office spaces tailored to life science and technology companies. The company offers a range of services including property management, leasing, and construction, aiming to foster innovation and collaboration within the sectors it serves.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Alexandria has a notable history of bond issuances, starting with their first bond in 2015 when they entered the public debt markets. Since then, they have issued significant bonds, including a noteworthy $600 million offering in 2021, which was used to refinance existing debt and fund growth initiatives. As of recent comparisons, their bonds currently yield around 3.5%, aligning favorably with industry averages, demonstrating their stable position amidst a competitive landscape. The company’s bonds often come with attractive features, such as call provisions, enhancing their appeal to investors.