Facing mounting economic uncertainty, one of the biggest names in life science real estate has backed out of a joint venture project it had planned in South San Francisco, California.
Alexandria Backs Out of Venture With Prologis for Life Science Campus
Biotech REIT Pays $38 Million Impairment Charge To Pull Out of South San Francisco Project
By Katie Burke
CoStar News
October 27, 2022 | 10:37 P.M.
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IN THIS ARTICLE
- Companies
- Alexandria Real Estate Equities, Inc.
Real Estate
- Prologis, Inc.
Real Estate
- Contacts
- Dean Shigenaga
President & Chief Financial Officer