Alexandria Real Estate Equities Public Follow-On Offering of 5.5M Shares Priced at $75.50 per Share

Alexandria Real Estate Equities, Inc. ARE announced today the pricing of its follow-on public offering of 5,500,000 shares of common stock at a price of $75.50 per share. Goldman, Sachs & Co., Barclays Capital, Citi, and RBC Capital Markets acted as joint bookrunning managers and BB&T Capital Markets, BBVA, Cowen and Company, Credit Suisse Securities LLC, JMP Securities, Keefe, Bruyette & Woods, RBS, Scotia Capital, SMBC Nikko, and SunTrust Robinson Humphrey acted as co-managers in connection with the public offering. Alexandria Real Estate Equities, Inc. has granted the underwriters a thirty-day option to purchase up to 825,000 additional shares to cover over-allotments, if any. The offering is expected to close on May 11, 2011, subject to customary closing conditions.