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FinanceIndustry NewsLife Science

Alexandria Real Estate Slashes Dividend 45% as Life Science Downturn Forces Strategy Shift

The pioneering life science REIT posts its fifth consecutive quarterly loss while accelerating asset sales to shore up balance sheet Alexandria Real Estate...

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AECFinanceIndustry NewsLife ScienceLos AngelesSan Diego

Alexandria Real Estate’s Struggles Deepen with Fourth Consecutive Quarterly Loss as Life Science Downturn Continues

Quarterly loss and major asset write-downs signal ongoing challenges for pioneering life science REIT Alexandria Real Estate Equities reported its fourth consecutive quarterly...

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FinanceIndustrialIndustry NewsLos Angeles

Rexford Industrial Sells Irwindale R&D Property to iHealth Labs for $21.6MM

The 76,000-square-foot specialized facility houses iHealth Labs’ COVID-19 test manufacturing operation in Los Angeles-San Gabriel Valley Rexford Industrial Realty executed an opportunistic disposition...

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