Maryland
Alexandria Real Estate Slashes Dividend 45% as Life Science Downturn Forces Strategy Shift
The pioneering life science REIT posts its fifth consecutive quarterly loss while accelerating asset sales to shore up balance sheet Alexandria Real Estate...
Washington State Holds Steady in Weakening Labor Market: 4.6% Unemployment Reflects Measured Deterioration
Analysis: While manufacturing sector sheds jobs, Washington maintains relative strength compared to Pacific Northwest neighbors despite rising joblessness Washington state’s labor market showed...
Oregon’s Unemployment Crisis Deepens: State Ranks Among Nation’s Worst
Analysis: Persistent job market weakness places Oregon in bottom tier nationally as manufacturing sector continues to shed workers Oregon’s unemployment situation has deteriorated...
Essex Property Trust Taps Bond Market for $350MM to Refinance Maturing Debt
West Coast apartment REIT issues 11-year senior notes at nearly 5 percent as it manages upcoming debt maturities Essex Property Trust, one of...
Seattle’s Tourbineau Real Estate Bets Big on the Post-Office Economy With Conversion Project in Chinatown-International District
The real estate firm is transforming a century-old warehouse-turned-office building in Seattle’s Chinatown-International District into self-storage, part of a broader national strategy to...
Lack of Middle Class Housing Drives West Coast Exodus As California, Oregon, and Washington Face Historic Migration Reversal
After decades of drawing Americans westward, the Pacific Coast states are experiencing a dramatic demographic shift that could reshape regional economies and political...
Alexandria Real Estate’s Struggles Deepen with Fourth Consecutive Quarterly Loss as Life Science Downturn Continues
Quarterly loss and major asset write-downs signal ongoing challenges for pioneering life science REIT Alexandria Real Estate Equities reported its fourth consecutive quarterly...
West Coast Construction Faces Labor Crunch as Washington Posts Nation’s Steepest Job Losses
California gains jobs monthly while facing annual decline; Washington posts steepest year-over-year losses; Oregon data suggests regional challenges Construction employment across the West...
LocalWorks Plans Expansion as Pandemic Accelerates Flexible Workspace Movement
By Catherine Sweeney The commercial office market has changed dramatically since the start of COVID-19, leading many companies to shift their thinking from...
Alexandria Real Estate Equities, Inc. Named NAIOP 2019 Developer of the Year
Urban office REIT honored for industry innovation July 18, 2019 – NAIOP, the Commercial Real Estate Development Association, has selected Alexandria Real Estate Equities,...
Skanska USA Communications Team Establishes National Leadership Roles
Skanska USA Communications team establishes national leadership roles; Pamela Monastra promoted to Senior Vice President and Michael Iacovella to Vice President. NEW YORK...
Alexandria Real Estate Equities, Inc. Upgraded by Moody’s to Baa1 with Stable Outlook
PASADENA, Calif. (Sept. 26, 2018) – Alexandria Real Estate Equities, Inc. (NYSE: ARE), an urban office REIT uniquely focused on collaborative life science...
