Los Angeles-based Alexandria Real Estate Equities Inc., an urban office REIT uniquely focused on collaborative life science and technology campuses in AAA innovation cluster locations, revealed that its board of directors has appointed Daniel J. Ryan as co-chief investment officer, effective immediately.
As co-chief investment officer, Ryan will be jointly responsible with Peter M. Moglia for overseeing the company’s strategic growth. He will also continue in his role as regional market director of San Diego.
“We are thrilled to recognize Dan’s vast contributions to our success by broadening his role to include serving as co-chief investment officer of our mission-driven company,” says Joel S. Marcus, executive chairman and founder of Alexandria Real Estate Equities Inc. “He is a leading innovator in the creation of sustainable and creative campuses, and his extensive industry expertise makes him an outstanding partner to share this role with Peter.”
With over 30 years of commercial real estate experience and almost two decades of life science real estate experience, Mr. Ryan is known for being forward thinking, prioritizing value-creation projects and attracting and nurturing partnerships with innovative tenants.
He joined Alexandria in 2010, when Alexandria acquired Veralliance Properties, Inc., a San Diego-based corporate real estate company that Mr. Ryan founded in 2002 and for which he served as chief executive officer. For Alexandria, Mr. Ryan has been responsible for the management of the San Diego asset base and operations and has led the growth and transformation of the region, tripling its footprint to nearly 5 million RSF (including development projects) and increasing its annual rental revenue by more than 300 percent as of the end of 1Q18.