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lexandria Real Estate Equities, Inc. Earns Prestigious Recognition
For the third consecutive year, Alexandria Real Estate Equities, Inc., a pioneering life science real estate company, has been named one of the Most Trustworthy Companies in America by Newsweek. This distinction is a testament to the company's unwavering commitment to its clients, employees, and investors.
The recognition was based on an independent survey of 25,000 U.S. residents who rated companies on trustworthiness, as well as an analysis of online media sentiment. Alexandria stands out as one of only four S&P 500 REITs in the real estate and housing category to receive this honor.
"We're humbled by Newsweek's recognition," said Joel S. Marcus, executive chairman and founder of Alexandria Real Estate Equities, Inc. "Our multiyear win reinforces our reputation as a trusted leader in life science real estate."
Since its inception in 1994, Alexandria has been at the forefront of the life science industry, driven by a culture of innovation, integrity, and teamwork. The company's Labspace real estate solutions have become the go-to choice for life science companies, with a sector-leading client base of approximately 750 tenants.
Alexandria's ability to adapt, innovate, and build long-term relationships has resulted in an impressive average retention rate of over 80% among its clients over the past five years. The company's expertise in laboratory operations and collaborative Megacampus ecosystems has helped tenants recruit and retain top talent, solidifying its position as a trusted partner in the life science industry.
As Alexandria continues to push the boundaries of innovation, it remains committed to its mission of advancing human health through the creation of cutting-edge ecosystems. With 10,000 diseases still without approved treatments, the company sees immense growth potential for the future and is poised to continue making a meaningful impact in the years to come.
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