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Alexandria Real Estate Equities- (ARE)-engages in the ownership, operation, management, development, acquisition, and redevelopment of properties for the life sciences industry. As of December 31, 2006, it had 159 properties, including 156 properties located in 9 states in the United States and 3 properties located in Canada. The company was founded in 1993 and is based in Pasadena, California. As a REIT, capital gains are accounted for differently, so please consult with a tax advisor.
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