Shearman And Sterling

News July 29, 2015

Shearman & Sterling Advises on Term Loan for Alexandria Real Estate Equities

Shearman & Sterling represented Citibank, N.A., as administrative agent, in connection with a $350 million syndicated amended and restated unsecured term loan facility for Alexandria Real Estate Equities, Inc. (NYSE:ARE).

Alexandria Real Estate Equities, Inc. is the largest REIT focused on collaborative science campuses in urban clusters located in key coastal gateway cities across the nation. Alexandria has a longstanding track record of developing Class A assets on urban science and technology campuses, with a dominant market presence in the Greater Boston Area, the San Francisco Bay Area, New York City, San Diego, Seattle and Maryland.

The Team