Is Alexandria Real Estate Stock Underperforming the Nasdaq?
Based in Pasadena, California, Alexandria Real Estate Equities, Inc. (ARE) is a leading real estate investment trust (REIT) that develops and manages campuses in key innovation markets across the U.S. Specializing in the life sciences sector, the company creates collaborative workspaces designed to foster research and development. Companies valued at less than $10 billion are generally considered “mid-cap” stocks, and the REIT, with a market capitalization of $8.4 billion, fits perfectly into that catego ...