![]() In fiscal year 2022, Boston Children's was #1 in National Institutes of Health (NIH) funding among all U.S. This foundational campus, developed in partnership with Samuels & Associates, boasts a wealth of amenities, critical proximity to both Cambridge and the Longwood Medical Area, and their world-renowned medical research institutions, as well as convenient transportation access to help the campus's tenants attract and retain top talent.Īmong the tenants at the Alexandria Center for Life Science – Fenway is the company's long-term strategic partner Boston Children's Hospital, which invests heavily in basic, clinical and translational research to accelerate the discovery of new treatments for devastating diseases and to improve the health of both children and adults. In Fenway, Alexandria pioneered a new life science submarket in 2021 with the creation of the Alexandria Center ® for Life Science – Fenway mega campus. From this base of Greater Boston mega campuses, the company expanded into the adjacent high-value, high-barrier-to-entry submarkets of Watertown and Fenway. Alexandria's most prominent market presence is in Cambridge's Kendall Square, which features three of the country's foremost, in-demand Alexandria mega campuses. Its Greater Boston asset base is home to over 10 multinational pharmaceutical companies, such as Eli Lilly and Novartis innovative public biotechnology companies, such as Moderna and Alnylam and top-tier, investment-grade institutions, such as MIT and Boston Children's Hospital. As the pioneer of mission-critical Labspace ® real estate, Alexandria has a dominant market presence in Greater Boston - the world's top life science cluster - consisting of 19.6 million RSF, with 11.2 million RSF of operating properties as of March 31, 2023. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative life science, agtech and advanced technology campuses in AAA innovation cluster locations, has been at the vanguard of Greater Boston's thriving life science ecosystem since 1997. ![]() PASADENA, Calif., J/PRNewswire/ - Alexandria Real Estate Equities, Inc. Alexandria announces sale to Boston Children's Hospital of property that will constitute 268,000 RSF in 421 Park Drive for estimated initial proceeds of $155 million ![]()
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