Northeast Business Trust

Northeast Business Trust is a primary operating entity and subsidiary of Alexandria Real Estate Equities, Inc. (NYSE: ARE), the preeminent owner and developer of life science campuses. The trust specifically manages and owns a vast portfolio of laboratory and office space in the Greater Boston area, serving as the landlord for major pharmaceutical and biotechnology companies such as Moderna, Takeda, and Alnylam. As a critical infrastructure provider, the entity is central to the Northeast life science ecosystem, providing the specialized facilities required for research, development, and commercialization. The company is also known for its strategic investments in emerging biotech firms through its parent company's venture arm.