Here's Why I Still Own Alexandria Real Estate Equities
Alexandria Real Estate Equities (NYSE: ARE) is an example of a company whose stock could be a great buy for investors considering equities that are available now at fire-sale prices. Alexandria Real Estate Equities is a real estate investment trust (REIT) that focuses exclusively on providing specialized lab and office space for life sciences and biotech companies, universities, and agrotech, and other high-tech operators in 30 office clusters the company calls collaborative campuses. Alexandria has more than 850 tenants in 430 properties covering some 47 million rentable square feet that's typically about 95% occupied.