Peter Moglia

Stories

Alexandria sells Fenway lab tower before completion

Overseeing the company's divestiture program

Alexandria Real Estate Equities, the nation's largest life science landlord, has agreed to sell its 421 Park Drive lab tower in Boston's Fenway before construction wraps up. The deal saves the company roughly $136 million and continues a broad asset sell-off begun as lab demand slumped.

Updated 2 hours ago