PASADENA, Calif., March 25,
2022 /PRNewswire/ -- Alexandria Real Estate Equities,
Inc. (NYSE: ARE), an urban office REIT and the first,
longest-tenured and pioneering owner, operator and
developer uniquely focused on collaborative life science,
agtech and technology campuses in AAA innovation cluster locations,
today announced that the Board of Directors has elected
Cynthia L. Feldmann as an
independent director. The Company's Board of Directors has also
appointed Ms. Feldmann to serve as a member of the Science, Agtech
& Technology Committee. She is an independent director in
accordance with New York Stock Exchange (NYSE) listing standards
and Securities and Exchange Commission (SEC) rules. Her term will
run until the 2022 annual meeting of stockholders of the
Company.
Ms. Feldmann is an experienced accounting and finance
professional who brings decades of experience in life science,
capital markets and public company board leadership to Alexandria. She was the president and founder
of Jetty Lane Associates, a consulting firm, from 2005 until 2012.
Prior to founding Jetty Lane Associates, Ms. Feldmann was a
business development officer for Boston-based law firm Edwards Angell Palmer
& Dodge LLP (now Locke Lord
LLP), with a specialty in serving life science companies; a partner
at KPMG LLP, where she held various leadership roles in the firm's
Medical Technology and Healthcare & Life Sciences industry
groups; and the national partner-in-charge of the Life Sciences
practice for Coopers & Lybrand (now PricewaterhouseCoopers
LLP), among other leadership positions during her 19-year career
with the firm.
In addition to serving on the Company's Board of Directors, Ms.
Feldmann currently serves on the boards of STERIS plc, UFP
Technologies, Inc. and Frequency Therapeutics, Inc. She previously
served as a director of Atrius Health, an innovative non-profit
healthcare organization delivering a system of connected care for
adult and pediatric patients in eastern Massachusetts; Hanger Inc., a leading provider
of orthotic and prosthetic patient care services and products; and
HeartWare International, Inc., a medical device company that was
acquired by Medtronic. Ms. Feldmann is a retired certified public
accountant and holds a Masters Professional Director Certification
from the American College of Corporate Directors.
"We are honored and pleased to welcome Cynthia to our board of
directors," said Joel S. Marcus,
executive chairman and founder of Alexandria Real Estate Equities,
Inc. and Alexandria Venture Investments. "Her exceptional financial
and accounting acumen, combined with her deep executive management
and public board experience particularly in the life science and
medical device sectors, will add tremendous value to Alexandria."
About Alexandria Real Estate Equities, Inc.
Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P
500® urban office REIT, is the first, longest-tenured
and pioneering owner, operator and developer uniquely focused on
collaborative life science, agtech and technology campuses in AAA
innovation cluster locations, with a total market capitalization of
$44.0 billion as of December 31, 2021, and an asset base in
North America of 67.0 million SF.
The asset base in North America
includes 38.8 million RSF of operating properties and 4.8 million
RSF of Class A properties undergoing construction, 8.7 million RSF
of near-term and intermediate-term development and redevelopment
projects and 14.7 million SF of future development projects.
Founded in 1994, Alexandria
pioneered this niche and has since established a significant market
presence in key locations, including Greater Boston, the San Francisco Bay Area, New York City, San
Diego, Seattle,
Maryland and Research Triangle.
Alexandria has a longstanding and
proven track record of developing Class A properties clustered in
urban life science, agtech and technology campuses that provide our
innovative tenants with highly dynamic and collaborative
environments that enhance their ability to successfully recruit and
retain world-class talent and inspire productivity, efficiency,
creativity and success. Alexandria
also provides strategic capital to transformative life science,
agtech and technology companies through our venture capital
platform. We believe our unique business model and diligent
underwriting ensure a high-quality and diverse tenant base that
results in higher occupancy levels, longer lease terms, higher
rental income, higher returns and greater long-term asset value.
For additional information on Alexandria, please visit www.are.com.
Forward-Looking Statements
This press release includes "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Such forward-looking statements include, without
limitation, statements regarding the potential impacts of a
director's appointment to the Company's board of directors and
expectations regarding the Company's performance and success. These
forward-looking statements are based on the Company's present
intent, beliefs or expectations, but forward-looking statements are
not guaranteed to occur and may not occur. Actual results may
differ materially from those contained in or implied by the
Company's forward-looking statements as a result of a variety of
factors, including, without limitation, the risks and uncertainties
detailed in its filings with the Securities and Exchange
Commission. All forward-looking statements are made as of the date
of this press release, and the Company assumes no obligation to
update this information. For more discussion relating to risks and
uncertainties that could cause actual results to differ materially
from those anticipated in the Company's forward-looking statements,
and risks and uncertainties to the Company's business in general,
please refer to the Company's filings with the Securities and
Exchange Commission, including its most recent annual report on
Form 10-K and any subsequently filed quarterly reports on Form
10-Q.
CONTACT: Sara
Kabakoff, Vice President – Communications,
(626) 788‑5578, skabakoff@are.com
View original
content:https://www.prnewswire.com/news-releases/alexandria-real-estate-equities-inc-elects-cynthia-feldmann-to-board-of-directors-301510475.html
SOURCE Alexandria Real Estate Equities, Inc.