Alexandria Real Estate Equities in April closed on a 12.7-acre site in San Carlos with 700,000 square feet of potential future development, the company disclosed in its first quarter 2020 earnings report this week.?
The site is the ?fourth and final piece of Alexandria?s district in San Carlos,? said Co-Chief Investment Officer Peter Moglia during a call to discuss the company?s earnings held Tuesday. The company plans to build a 1.6 million square-foot biotech campus by transforming a?