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Alexandria Real Estate Equities Earns Recognition for Best in Building Health

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Alexandria Real Estate Equities Inc., an urban office REIT uniquely focused on collaborative life science and technology campuses in AAA innovation clusters, has been recognized by the Center for Active Design, which operates Fitwel, as the inaugural Industry Leading Company in Fitwel’s 2018 Best in Building Health.

Fitwel, the world’s leading certification system for optimizing building design and operations to support health, was created as a joint initiative led by the U.S. Centers for Disease Control and Prevention and the General Services Administration. In honor of the first full year of public and private sector access to Fitwel, CfAD is recognizing exceptional real estate, design and consulting companies for their unique achievements in leading the real estate industry toward building health.

As the first and only REIT to be named a “First-in-Class Fitwel Champion” and a founding member of the Fitwel Leadership Advisory Board, Alexandria was selected by CfAD based on its achievement of 3 Star Fitwel certifications; its leadership activities to promote and educate the real estate industry on the opportunities for and benefits of building design, construction and operational practices that support high levels of occupant health and wellness; and its #1 global ranking in the 2018 Global Real Estate Sustainability Benchmark (GRESB) Health & Well-being Module.

“We are honored to be recognized by CfAD for our industry leadership and demonstrated success in creating and curating sustainable and collaborative campus environments that promote health, inspire productivity and enhance the ability of our tenants to attract and retain high-caliber talent,” said Ari Frankel, assistant vice president of sustainability and high-performance buildings at Alexandria Real Estate Equities, Inc. “As a mission-driven company focused on advancing human health and improving quality of life, we are grateful to CfAD and the CDC for their critical efforts in establishing the Fitwel certification standard. We are also pleased that we have been able to play a key role in Fitwel’s growth in the commercial real estate industry since we first partnered in 2016.”

“Alexandria continues to lead by example by prioritizing the health and productivity of their tenant base and their own employees,” said Reena Agarwal, chief operating officer at CfAD. “We welcome their ongoing implementation of industry-leading practices and their valuable guidance as part of the Fitwel Leadership Advisory Board as we continue to advance Fitwel’s global impact.”

In 2018, Alexandria earned its second consecutive “Green Star” and received an “A” Disclosure Score from GRESB; launched sustainability goals for its new construction and operating portfolios, including an industry-leading goal of 50 healthy building certifications by 2025, as announced in its Inaugural Corporate Responsibility Report; and issued a $450 million green bond aligned with the Green Bond Principles to fund projects targeting or achieving LEED Gold or Platinum certification.