Pasadena’s Alexandria Real Estate Equities, Inc. Tapped to Join S&P 500 Index

Alexandria Real Estate Equities, Inc. (NYSE: ARE), an urban office REIT uniquely focused on collaborative life science and technology campuses in AAA innovation cluster locations, today announced that S&P Dow Jones Indices will include the company in the S&P 500®, effective prior to the open of trading on Monday, March 20. Alexandria will be added to the S&P GICS Office REITs Sub-Industry index.

“We are incredibly honored to be included in the S&P 500, alongside many of the leading companies in the United States,” said Joel S. Marcus, chairman, chief executive officer and founder of Alexandria Real Estate Equities, Inc. “This recognition reflects our best-in-class team’s proven track record. Since our founding as a startup in 1994 to this significant milestone, we have successfully executed our differentiated business strategy, which drives the company’s very strong operating and financial performance.”

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and it is home to iconic financial indicators such as the S&P 500. The S&P 500 is widely regarded as the best single gauge of large-cap U.S. equities and captures approximately 80 percent coverage of available market capitalization.