The company has a large asset base that includes 5.5 million RSF of Class A/A+ properties undergoing construction. This indicates a strong focus on future growth through development and redevelopment.

The company completed dispositions and partial interest sales generating $1.3 billion of capital. This indicates a strategy of optimizing the portfolio by selling non-core assets and reinvesting in higher-growth opportunities.

The company's strategy focuses on Class A/A+ properties located in collaborative life science, agtech, and advanced technology mega campuses in AAA innovation clusters. This indicates a targeted approach to high-growth sectors.

The occupancy percentage of operating properties in North America was 94.6% as of December 31, 2023, with a 10-year average of 96%. This demonstrates effective management in maintaining high occupancy levels.

A key component of the business model is disciplined allocation of capital to the development and redevelopment of new Class A/A+ properties. This indicates effective management in capital allocation.

The resignations of former executive officers Dean A. Shigenaga and John H. Cunningham led to accelerated stock compensation expense of approximately $20.3 million. This suggests potential challenges in management stability and succession planning.

The company is dependent on the health of the life science, agtech, and technology industries. Changes within these industries, increased competition, or inability of tenants to obtain funding may adversely impact their ability to make rental payments.

The company may be unable to identify and complete acquisitions, investments, or development or redevelopment projects or to successfully and profitably operate properties. This could hinder growth and profitability.

System failures or security incidents through cyberattacks, intrusions, or other methods could disrupt the company's information technology networks, enterprise applications, and related systems, potentially causing a loss of assets or data.

The company faces competition from other REITs, insurance companies, pension funds, and other investors, some of which have greater financial resources. This competition could affect the company's ability to attract tenants and acquire properties.

Alexandria pioneered the life science real estate niche and is the preeminent and longest-tenured owner, operator, and developer of life science, agtech, and advanced technology mega campuses in AAA innovation cluster locations.

The company maintains and cultivates many of the most important and strategic relationships in the life science, agtech, and technology industries. These relationships provide a competitive advantage in attracting new business opportunities.

Approximately 94% of leases are triple net, requiring tenants to pay substantially all operating expenses. This mitigates the impact of increased operating costs on the company's profitability.

The company implements effective cost control measures, including negotiating pass-through provisions in tenant leases for operating expenses and certain capital expenditures. These measures help to manage and control costs.

The company relies on a limited number of vendors to provide utilities and other services. Disruption in such services may have an adverse effect on operations and financial condition.

The company's strategy includes a focus on Class A/A+ properties located in collaborative life science, agtech, and advanced technology mega campuses in AAA innovation clusters. This indicates a commitment to innovation and technology.

Alexandria leverages its world-class life science network to educate and inform employees on relevant and engaging subjects through expert-led internal webinar series. This promotes continuous learning and development in the field.

The company's operations rely on the secure collection, storage, transmission, and other processing of confidential information in computer systems and networks, making it vulnerable to cyberattacks and security incidents.

A key component of the business model is disciplined allocation of capital to the development and redevelopment of new Class A/A+ properties. This highlights a focus on strategic investment.

The company selectively acquires high-quality life science, agtech, and advanced technology space in target innovation cluster submarkets at prices that enable attractive returns. This demonstrates a strategic approach to capital allocation.

Debt service obligations may restrict the company's ability to engage in some business activities or cause other adverse effects on the business. This poses a risk to capital allocation flexibility.

The Corporate Governance Guidelines highlight the Board of Directors' focus on diversity at the board level, explicitly stating a commitment to considering qualified women and minority director candidates.

The company provides a comprehensive benefits package intended to meet and/or exceed the needs of employees and their families, covering 100% of the premiums for employees and their dependents.

For properties in wildfire- or flood-prone areas, the company is evaluating mitigation strategies and potential operational and physical improvements. This indicates a proactive approach to managing environmental risks.

The company's success is tied to the performance of the life science, agtech, and technology industries. A downturn in these sectors could negatively impact the company's financial results.

Market disruption and volatility, poor economic conditions in the capital markets and global economy, and tight labor markets could adversely affect the value of the companies in which the company holds equity investments.

Actions, policy, or key leadership changes in government agencies, or changes to laws or regulations, including those related to tax, accounting, debt, derivatives, government spending, or funding could have a significant negative impact on the overall economy, tenants, and the company's business.