Alexandria Continues Peninsula Acquisitions with $21MM Buy in Millbrae, Plans 578,000 SQFT Development

By Vladimir Bosanac After selling interest in two properties in San Francisco, Pasadena, Calif.-based Alexandria Real Estate Equities is looking to quickly deploy that capital for future development in the Bay Area. The life science lab and technology office developer and landlord acquired two adjoining parcels in Millbrae for $21 million, according to public documents. […]