Alexandria Real Estate Equities, Inc. acquired building at 3170 Porter Drive from Stanford University for approximately $100 million.

Alexandria Real Estate Equities, Inc. (NYSE:ARE) acquired building at 3170 Porter Drive from Stanford University for approximately $100 million on January 9, 2019. Alexandria Real Estate Equities, Inc. (NYSE:ARE) completed the acquisition of building at 3170 Porter Drive from Stanford University on January 9, 2019.