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Stock impact report

Alexandria Real Estate Equities, Inc. Announces 490,000 RSF Anchor Lease With Pinterest at Its 88 Bluxome Street Development in the Heart of San Francisco's SoMa Submarket

Alexandria Real Estate Equities, Inc. (ARE) 
Last alexandria real estate equities, inc. earnings: 4/27 04:10 pm Check Earnings Report
Company Research Source: PR Newswire
PASADENA, Calif., March 20, 2019 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE), an urban office REIT uniquely focused on collaborative life science and technology campuses in AAA innovation clusters, today announced that Pinterest, Inc. has signed a lease for nearly 490,000 RSF at 88 Bluxome Street, an approximately 1 million RSF mixed-use campus development project in the heart of the Central SoMa neighborhood of San Francisco. The lease with Pinterest brings the mixed-use campus's pre-leasing total to almost 60% and represents the first major lease signed at a development project in support of the city's much anticipated Central SoMa Plan."We are committed to addressing the multiple priorities expressed by the SoMa community through the well-planned development of our 88 Bluxome campus," said Stephen A. Richardson, co-chief executive officer of Alexandria Real Estate Equities, Inc. "This transformative community-focused development represents a meaningful opportu Show less Read more
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