ALEXANDRIA REAL ESTATE EQUITIES, INC.
For the period ended Oct 26, 2026. Filed Oct 26, 2026.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Oct 26, 2026 · Filed Oct 26, 2026
Use the contents to explore the available documents and sections.
Contents
EX-99.1 · Same Property Performance
| September 30, 2026 · September 30, 2026 | |||||||
|---|---|---|---|---|---|---|---|
| Same Property Financial Data · Three Months Ended · Nine Months Ended · Same Property Statistical Data · Three Months Ended · Nine Months Ended | |||||||
| Percentage change over comparable period from prior year: | Number of same properties | 288 | 284 | ||||
| Net operating income changes | (6.7)% | (1) | (9.2)% | (1) | Rentable square feet | 32,250,516 | 31,629,122 |
| Net operating income changes (cash basis) | (2.8)% | (1) | (8.4)% | (1) | Occupancy – current-period average | 88.1% | 88.6% |
| Operating margin | 66% | 66% | Occupancy – same-period prior-year average | 91.7% | 92.8% | ||
| Three Months Ended September 30, | Nine Months Ended September 30, | |||||||
|---|---|---|---|---|---|---|---|---|
| 2026 | 2025 | $ Change | % Change | 2026 | 2025 | $ Change | % Change | |
| Income from rentals: | ||||||||
| Same properties | $432,586 | $454,624 | $(22,038) | (4.8)% | $1,268,273 | $1,361,022 | $(92,749) | (6.8)% |
| Non-same properties | 48,762 | 86,446 | (37,684) | (43.6) | 174,450 | 285,537 | (111,087) | (38.9) |
| Rental revenues | 481,348 | 541,070 | (59,722) | (11.0) | 1,442,723 | 1,646,559 | (203,836) | (12.4) |
| Same properties | 167,825 | 175,145 | (7,320) | (4.2) | 478,425 | 498,454 | (20,029) | (4.0) |
| Non-same properties | 4,445 | 19,634 | (15,189) | (77.4) | 28,693 | 71,290 | (42,597) | (59.8) |
| Tenant recoveries | 172,270 | 194,779 | (22,509) | (11.6) | 507,118 | 569,744 | (62,626) | (11.0) |
| Income from rentals | 653,618 | 735,849 | (82,231) | (11.2) | 1,949,841 | 2,216,303 | (266,462) | (12.0) |
| Same properties | — | — | — | — | — | — | — | — |
| Non-same properties | 17,564 | 16,095 | 1,469 | 9.1 | 55,147 | 55,839 | (692) | (1.2) |
| Other income | 17,564 | 16,095 | 1,469 | 9.1 | 55,147 | 55,839 | (692) | (1.2) |
| Same properties | 600,411 | 629,769 | (29,358) | (4.7) | 1,746,698 | 1,859,476 | (112,778) | (6.1) |
| Non-same properties | 70,771 | 122,175 | (51,404) | (42.1) | 258,290 | 412,666 | (154,376) | (37.4) |
| Total revenues | 671,182 | 751,944 | (80,762) | (10.7) | 2,004,988 | 2,272,142 | (267,154) | (11.8) |
| Same properties | 205,923 | 207,133 | (1,210) | (0.6) | 600,620 | 597,930 | 2,690 | 0.4 |
| Non-same properties | 22,008 | 32,101 | (10,093) | (31.4) | 58,789 | 92,132 | (33,343) | (36.2) |
| Rental operations | 227,931 | 239,234 | (11,303) | (4.7) | 659,409 | 690,062 | (30,653) | (4.4) |
| Same properties | 394,488 | 422,636 | (28,148) | (6.7) | 1,146,078 | 1,261,546 | (115,468) | (9.2) |
| Non-same properties | 48,763 | 90,074 | (41,311) | (45.9) | 199,501 | 320,534 | (121,033) | (37.8) |
| Net operating income | $443,251 | $512,710 | $(69,459) | (13.5)% | $1,345,579 | $1,582,080 | $(236,501) | (14.9)% |
| Net operating income – same properties | $394,488 | $422,636 | $(28,148) | (6.7)% | $1,146,078 | $1,261,546 | $(115,468) | (9.2)% |
| Straight-line rent revenue | 480 | (19,711) | 20,191 | (102.4) | (16,915) | (35,696) | 18,781 | (52.6) |
| Amortization of acquired below-market leases and deferred revenue related to tenant-funded and -built landlord improvements | (13,938) | (10,945) | (2,993) | 27.3 | (36,925) | (32,826) | (4,099) | 12.5 |
| Net operating income – same properties (cash basis) | $381,030 | $391,980 | $(10,950) | (2.8)% | $1,092,238 | $1,193,024 | $(100,786) | (8.4)% |
Refer to “Same property comparisons” under “Definitions and reconciliations” in the Supplemental Information for additional details, including a reconciliation of same properties to total properties. “Definitions and reconciliations” also
contains definitions of “Tenant recoveries” and “Net operating income” and their respective reconciliations from the most directly comparable financial measures presented in accordance with GAAP.
(1)The decline was due to a decrease in same property occupancy, primarily driven by previously disclosed key lease expirations with expected downtime aggregating 282,878 RSF and 1.2 million RSF in 3Q26 and YTD 3Q26,
respectively, with weighted-average lease expiration dates of August 2026 and April 2026, respectively.
| Alexandria Real Estate Equities, Inc. All Rights Reserved. © 2026 | 23 |
Leasing Activity
September 30, 2026
(Dollars per RSF)
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.