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Home Finance Alexandria Swings to $638.5MM Loss on Write-Downs as CEO Ranks Seattle Among Investors’ Favored Lab Markets
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Alexandria Swings to $638.5MM Loss on Write-Downs as CEO Ranks Seattle Among Investors’ Favored Lab Markets

October 28, 20263 Mins read11
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Alexandria, Mercer Blocks, Seattle, South Lake Union, NBBJ
Courtesy of NBBJ
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Alexandria Real Estate Equities booked $637.9 million of real estate impairments in the third quarter and swung to a $638.5 million net loss, yet the life science landlord held its 2026 earnings guidance, logged its biggest leasing quarter since late 2024 and named Seattle among the lower-cap-rate markets that institutional capital still favors.

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