Previous close | 6.40 |
Open | 5.76 |
Bid | 5.00 |
Ask | 5.60 |
Strike | 125.00 |
Expiry date | 2025-01-17 |
Day's range | 5.60 - 5.76 |
Contract range | N/A |
Volume | |
Open interest | 15 |
Alexandria (ARE) securing a new long-term lease with a longstanding credit tenant at Sorrento Mesa submarket highlights the healthy demand for its mega campus in San Diego.
Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative life science mega campuses in AAA innovation cluster locations, today announced that a top 20 pharmaceutical company and longstanding credit tenant has increased its San Diego footprint by nearly 53% with the execution of a 10-year lease for 127,382 RSF, with significant expansion options, for a new R&D center at 10075 Barnes Canyon Road on the S
Alexandria (ARE) is likely to benefit from the solid demand for top-quality life science assets in key markets. However, a vast development outlay amid high interest rates is concerning.