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Alexandria Capitalizes on Rising Biotech Demand, Even as Ukraine War Raises Project Costs

One of the Nation’s Largest Life Sciences Landlords Posts Second-Highest Quarter for Leasing
Alexandria's largest leasings of the first quarter included arrangements with Bristol Myers Squibb for a planned 427,000-square-foot hub in San Diego. (Alexandria Real Estate Equities)
Alexandria's largest leasings of the first quarter included arrangements with Bristol Myers Squibb for a planned 427,000-square-foot hub in San Diego. (Alexandria Real Estate Equities)
CoStar News
April 27, 2022 | 12:02 AM

Leasing biotech space remains near historic levels for Alexandria Real Estate Equities, though war in Ukraine and lingering supply chain disruptions are raising costs and extending timetables for some of the projects being built by one of the nation’s largest owners of life science real estate.

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