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Alexandria Named 2019 NAIOP Developer of The Year
Pasadena, CA-based Alexandria Real Estate Equities, Inc. was selected by NAIOP as the 2019 Developer of the Year. The award, which is the association’s highest honor, will be presented at a ceremony in October at NAIOP’s CRE.Converge conference in Los Angeles.
NAIOP president and CEO Thomas J. Bisacquino says, “Alexandria’s strategic positioning as the leader in innovative laboratory and office space development, its ability to thrive in changing market conditions, and its strong company leadership and long-term financial stability make it a standout in the industry.”
Alexandria focuses on creating collaborative life science, technology and agtech campuses in AAA innovation clusters. Since pioneering the life science real estate niche in 1994, Alexandria has evolved from the first mover to holding a position as the recognized and respected leader in the space. The REIT has a total market capitalization of $21.8 billion, and asset base in North America of 33.7 million square feet.
*Pictured Alexandria Campus Pointe San Diego UTC
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