Alexandria Real Estate Equities

People:

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Company Activity past 24 months:

Seller company: 3 for $139.5 million

Top Ten Associated People:

David Werner (2), Christopher Flagg (1), John F. Shannon Jr. (1)

Recent activity as company:

• Alexandria Real Estate Equities sold 48-30 30 Place for $34.5 million to North River Company on December 19, 2025.

• Alexandria Real Estate Equities ground leased 791 2 Avenue valued at $45 million to Metro Loft Management and David Werner Real Estate Investments on October 08, 2024.

• Alexandria Real Estate Equities sold 227 East 42 Street for $60 million to Metro Loft Management and David Werner Real Estate Investments on July 09, 2024.

• Alexandria Real Estate Equities sold 47-50 30 Street for $19.1 million to Cine Magic Companies on December 29, 2023.

• Prestone Printing sold 47-50 30 Street for $25 million to Alexandria Real Estate Equities on July 10, 2019.

Latest Stories:

• North River Company pays $34.5M to Alexandria Real Estate for LIC office building, was $75M in 2018 (January 07, 2026)

• Metro Loft, Werner, sign $720M construction loan for resi conversions in Grand Central, $540M recorded (May 30, 2025)

• David Werner pays $140M to Kayden family for fee under Pfizer building, borrowing $135M (February 20, 2025)

• Metro Loft, David Werner acquire full control of former Pfizer HQ in Grand Central (October 23, 2024)

• Metro Loft, David Werner buy out partner in $60M transaction in Grand Central, borrow $75M (August 27, 2024)

• Metro Loft files conversion plans for 1,463 units at former Pfizer HQ buildings (July 08, 2024)

• Cine Magic pays $19.1M to Alexandria to develop new LIC film studios (January 12, 2024)

• David Werner extends Pfizer building lease by 60 years, valued at $406M (August 27, 2021)

• Alexandria Real Estate Equities paid $25M to Prestone Printing (July 27, 2019)

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