Alexandria real estate equities, inc. announces significant early renewal and 10-year lease extension with longstanding credit tenant takeda at the alexandria center at kendall square mega campus in cambridge

Pasadena, calif. , march 4, 2024 /prnewswire/ -- alexandria real estate equities, inc. (nyse: are), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative life science mega campuses in aaa innovation cluster locations, today announced that an affiliate of takeda pharmaceutical company limited, a top 20 global biopharmaceutical company and longstanding credit tenant, has executed a 10-year lease extension through march 31, 2040 with strong rental rate increases for 222,925 rsf at 75/125 binney street on the alexandria center® at kendall square mega campus in the cambridge submarket.
ARE Ratings Summary
ARE Quant Ranking