Alexandria Real Estate Equities, Inc. Deepens and Expands Strategic Relationship With Moderna for New 462,000 RSF HQ and R&D Facility at 325 Binney Street, Designed to Be the Most Sustainable Laboratory Building in Cambridge

PASADENA, Calif. and CAMBRIDGE, Mass.: PASADENA, Calif. and CAMBRIDGE, Mass., Sept. 30, 2021 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE), an urban office REIT and the first, longest-tenured and pioneering owner, operator and developer uniquely focused on collaborative life science, agtech and technology campuses in AAA innovation cluster locations, today announced that Moderna has selected Alexandria to develop, operate and construct its new corporate headquarters and core R&D facility, the most leading-edge 462,000 RSF property at 325 Binney Street on the Alexandria Center® at One Kendall Square mega campus. Designed to be the most sustainable laboratory building in Cambridge, this high-performance development is expected to eliminate most of the fossil fuel consumption for building heating and enable the building to operate as a net-zero energy commercial laboratory facility. The building, which is targeting LEED Platinum Core & Shell, LEED Zero Energy and Fitwel certifications, will rely on ultra-efficient…
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