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Alexandria Trims Real Estate Deal Slate, Even as Coronavirus-Related Demand Rises

Nation's Biggest Biotech Landlord Delays Some Short-Term Purchases, Project Plans
Alexandria Real Estate Equities is tapping the brakes on some purchases and project starts this year. Past acquisitions include the 10-building San Diego Tech Center for $230 million in late 2019. (CoStar)
Alexandria Real Estate Equities is tapping the brakes on some purchases and project starts this year. Past acquisitions include the 10-building San Diego Tech Center for $230 million in late 2019. (CoStar)
CoStar News
April 29, 2020 | 12:01 AM

Alexandria Real Estate Equities is pulling back on planned developments and acquisitions not tied directly to the fight against the coronavirus as the nation's largest life-science landlord responds to economic conditions created by the pandemic.

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