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Alexandria Real Estate Equities Announces AstraZeneca Invests $300M In Manufacturing Facility

Author: Benzinga Newsdesk | February 12, 2024 09:33am

Life Science – Shady Grove mega campus in the Rockville submarket. Last year, AstraZeneca executed a 13-year lease term for the entire 84,264 RSF Class A+ property, which runs through June 30, 2036. Since 2007, Alexandria has provided AstraZeneca with essential and integrated manufacturing, laboratory and adjacent nontechnical infrastructure that currently aggregates nearly 417,000 RSF on campuses across its Maryland, Greater Boston and New York City clusters.

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