# EDGAR Filing Document

**Accession Number:** 0001035443
**File Stem:** 0001035443-25-000181
**Filing Date:** 2025-7
**Character Count:** 29693
**Document Hash:** 9396f4ab6c633585aa76107ccc07863e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001035443-25-000181.hdr.sgml**: 20250721

**ACCESSION NUMBER**: 0001035443-25-000181

**CONFORMED SUBMISSION TYPE**: S-8

**PUBLIC DOCUMENT COUNT**: 14

**REFERENCES 429**: 333-152433

**REFERENCES 429**: 333-167889

**REFERENCES 429**: 333-197212

**REFERENCES 429**: 333-212385

**REFERENCES 429**: 333-226129

**REFERENCES 429**: 333-239609

**REFERENCES 429**: 333-267990

**REFERENCES 429**: 333-280937

**REFERENCES 429**: 333-34223

**REFERENCES 429**: 333-60075

**FILED AS OF DATE**: 20250721

**DATE AS OF CHANGE**: 20250721

**EFFECTIVENESS DATE**: 20250721

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALEXANDRIA REAL ESTATE EQUITIES, INC.
- **CENTRAL INDEX KEY:** 0001035443
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE INVESTMENT TRUSTS [6798]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 954502084
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** S-8
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-288813
- **FILM NUMBER:** 251137431

**BUSINESS ADDRESS:**
- **STREET 1:** 26 NORTH EUCLID AVENUE
- **CITY:** PASADENA
- **STATE:** CA
- **ZIP:** 91101
- **BUSINESS PHONE:** 6265780777

**MAIL ADDRESS:**
- **STREET 1:** 26 NORTH EUCLID AVENUE
- **CITY:** PASADENA
- **STATE:** CA
- **ZIP:** 91101

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALEXANDRIA REAL ESTATE EQUITIES INC
- **DATE OF NAME CHANGE:** 19970311

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM S-8**

**REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933**

**ALEXANDRIA REAL ESTATE EQUITIES, INC.**

(Exact name of registrant as specified in its charter)

---

| | |
|:---|:---|
| **Maryland** | **95-4502084** |
| (State or other jurisdiction of <br>incorporation or organization) | (I.R.S. Employer Identification No.) |

---

---

| | | |
|:---|:---|:---|
| **26 North Euclid Avenue** | **26 North Euclid Avenue** | |
| **Pasadena,** | **California** | **91101** |
| (Address of principal executive offices) | (Address of principal executive offices) | (Zip Code) |

---

**ALEXANDRIA REAL ESTATE EQUITIES, INC.**

**AMENDED AND RESTATED 1997 STOCK AWARD AND INCENTIVE PLAN**

(Full title of the plan)

**Marc E. Binda**

**Chief Financial Officer and Treasurer**

**Alexandria Real Estate Equities, Inc.**

**26 North Euclid Avenue**

**Pasadena, California 91101**

**(626) 578-0777**

(Name, address and telephone number, including area code, of agent for service)

**Copy to:**

**Kenneth E. Kohler**

**Morrison & Foerster LLP**

707 Wilshire Boulevard

Los Angeles, California 90017

(213) 892-5200

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

---

| | | | |
|:---|:---|:---|:---|
| Large accelerated filer | ⌧ | Accelerated filer | □ |
| Non-accelerated filer | □ | Smaller reporting company | □ |
| | | Emerging growth company | □ |

---

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. □

------

**EXPLANATORY NOTE**

In accordance with the instructional Note to Part I of Form S-8 as promulgated by the Securities and Exchange Commission (the "SEC"), the information specified by Part I of Form S-8 has been omitted from this registration statement. This registration statement has been prepared in accordance with the requirements of Form S-8 under the Securities Act of 1933, as amended (the "Securities Act"), to register an additional 850,000 shares of Common Stock, par value $0.01 per share, of Alexandria Real Estate Equities, Inc., a Maryland corporation (the "Company"), for issuance as awards to be granted under the Company's Amended and Restated 1997 Stock Award and Incentive Plan (the "Plan"). On April 2, 2025, the Company filed with the SEC a definitive proxy statement that included proposals to, among other things, increase the number of shares available for issuance under the Plan by 850,000 shares of Common Stock. The proposal to increase the number of shares available for issuance under the Plan was approved by the Company's stockholders on May 13, 2025.

**INCORPORATION BY REFERENCE OF CONTENTS OF CERTAIN REGISTRATION STATEMENTS ON FORM S-8**

In accordance with General Instruction E of Form S-8 regarding the registration of additional securities of the same class as other securities for which there has been filed Registration Statements on Form S-8 relating to the same employee benefit plan, the prior Registration Statement on Form S-8 (File No. [333-34223](https://www.sec.gov/Archives/edgar/data/1035443/0000898430-97-003641.txt)) filed with the SEC on August 22, 1997, Registration Statement on Form S-8 (File No. [333-60075](https://www.sec.gov/Archives/edgar/data/1035443/0000950172-98-000722.txt)) filed with the SEC on July 29, 1998, Registration Statement on Form S-8 (File No. [333-152433](https://www.sec.gov/Archives/edgar/data/1035443/000110465908046697/a08-19627_1s8.htm)) filed with the SEC on July 21, 2008, Registration Statement on Form S-8 (File No. [333-167889](https://www.sec.gov/Archives/edgar/data/1035443/000110465910036469/a10-13140_1s8.htm)) filed with the SEC on June 30, 2010, Registration Statement on Form S-8 (File No. [333-197212](https://www.sec.gov/Archives/edgar/data/1035443/000103544314000048/forms-8.htm)) filed with the SEC on July 2, 2014, Registration Statement on Form S-8 (File No. [333-212385](https://www.sec.gov/Archives/edgar/data/1035443/000103544316000187/forms-82016.htm)) filed with the SEC on July 1, 2016, Registration Statement on Form S-8 (File No. [333-226129](https://www.sec.gov/Archives/edgar/data/1035443/000103544318000127/forms-82018.htm)) filed with the SEC on July 11, 2018, Registration Statement on Form S-8 (File No. [333-239609](https://www.sec.gov/Archives/edgar/data/1035443/000103544320000187/forms-82020.htm)) filed with the SEC on July 1, 2020, Registration Statement on Form S-8 (File No. [333-267990](https://www.sec.gov/Archives/edgar/data/1035443/000103544322000312/forms-82022.htm)) filed with the SEC on October 24, 2022, and Registration Statement on Form S-8 (File No. [3](https://www.sec.gov/Archives/edgar/data/1035443/000103544324000227/forms-82024.htm)[33-280937](https://www.sec.gov/Archives/edgar/data/1035443/000103544324000227/forms-82024.htm)) filed with the SEC on July 22, 2024 are hereby incorporated by reference in this Registration Statement, except to the extent supplemented, amended or superseded by the information set forth herein.

**PART II**

**ITEM 3. INCORPORATION OF DOCUMENTS BY REFERENCE**

The following documents are incorporated by reference in this Registration Statement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the Company's annual report on [Form 10-K](https://www.sec.gov/ix?doc=/Archives/edgar/data/1035443/000103544324000072/are-20231231.htm) for the fiscal year ended December 31, 2024, filed with the SEC on [January 27, 2025](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001035443/000103544325000067/are-20241231.htm);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the Company's quarterly reports on Form 10-Q for the quarters ended March 31, 2025 and June 30, 2025 filed with the SEC on [April 2](https://www.sec.gov/ix?doc=/Archives/edgar/data/1035443/000103544325000136/are-20250331.htm)[8](https://www.sec.gov/ix?doc=/Archives/edgar/data/1035443/000103544325000136/are-20250331.htm)[, 202](https://www.sec.gov/ix?doc=/Archives/edgar/data/1035443/000103544325000136/are-20250331.htm)[5](https://www.sec.gov/ix?doc=/Archives/edgar/data/1035443/000103544325000136/are-20250331.htm) and [J](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001035443/000103544325000179/are-20250630.htm)[ul](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001035443/000103544325000179/are-20250630.htm)[y 2](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001035443/000103544325000179/are-20250630.htm)[1](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001035443/000103544325000179/are-20250630.htm)[, 202](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001035443/000103544325000179/are-20250630.htm)[5](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001035443/000103544325000179/are-20250630.htm), respectively;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the Company's current reports on Form 8-K filed with the SEC on [January 30, 2025](https://www.sec.gov/ix?doc=/Archives/edgar/data/1035443/000110465925007421/tm254668d2_8k.htm), [February 3, 2025](https://www.sec.gov/ix?doc=/Archives/edgar/data/1035443/000110465925008637/tm254668d5_8k.htm), [February 13, 2025](https://www.sec.gov/ix?doc=/Archives/edgar/data/1035443/000110465925012974/tm256323d1_8k.htm), [March 6, 2025](https://www.sec.gov/ix?doc=/Archives/edgar/data/1035443/000110465925021383/tm258282d1_8k.htm), and [May 15, 2025](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001035443/000103544325000144/are-20250513.htm);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the description of the Company's common stock contained in [Exhibit 4.49](https://www.sec.gov/Archives/edgar/data/1035443/000103544325000067/a2024-ex449.htm) to the Company's annual report on Form 10-K for the fiscal year ended December 31, 2024, filed with the SEC on [January 27, 2025](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001035443/000103544325000067/are-20241231.htm), including any amendments or reports filed for the purpose of updating such description.

All documents filed by the Company pursuant to Section 13(a), 13(c), 14, and 15(d) of the Securities Exchange Act of 1934 after the filing of this Registration Statement and prior to the filing of a post-effective amendment to this Registration Statement indicating that all securities offered have been sold or that deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference into this Registration Statement and shall be a part of this Registration Statement from the date of filing of such documents. Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for the purposes of this Registration Statement to the extent that a statement contained in this Registration Statement or in any other subsequently filed document that also is or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.

------

**ITEM 8. EXHIBITS**

---

| | |
|:---|:---|
| **Exhibit <br>Number** | **Description** |
| [4.1](https://www.sec.gov/Archives/edgar/data/1035443/000103544322000166/a20228-kproxyresultsxex101.htm) | [Alexandria Real Estate Equities, Inc. Amended and Restated 1997 Stock Award and Incentive Plan, dated May 1](https://www.sec.gov/ix?doc=/Archives/edgar/data/1035443/000103544325000144/are-20250513.htm)[3](https://www.sec.gov/ix?doc=/Archives/edgar/data/1035443/000103544325000144/are-20250513.htm)[, 202](https://www.sec.gov/ix?doc=/Archives/edgar/data/1035443/000103544325000144/are-20250513.htm)[5](https://www.sec.gov/ix?doc=/Archives/edgar/data/1035443/000103544325000144/are-20250513.htm)[(filed as an exhibit to the Company's current report on Form 8-K filed with the SEC on May 1](https://www.sec.gov/ix?doc=/Archives/edgar/data/1035443/000103544325000144/are-20250513.htm)[5](https://www.sec.gov/ix?doc=/Archives/edgar/data/1035443/000103544325000144/are-20250513.htm)[, 202](https://www.sec.gov/ix?doc=/Archives/edgar/data/1035443/000103544325000144/are-20250513.htm)[5](https://www.sec.gov/ix?doc=/Archives/edgar/data/1035443/000103544325000144/are-20250513.htm)[and incorporated herein by reference)](https://www.sec.gov/ix?doc=/Archives/edgar/data/1035443/000103544325000144/are-20250513.htm) |
| 5.1 | [Opinion of Venable LLP](a2025forms-8xex51.htm) |
| 23.1 | [Consent of Ernst & Young LLP](a2025forms-8xex231.htm) |
| 23.2 | [Consent of Venable LLP (contained in Exhibit 5.1 to this Registration Statement)](a2025forms-8xex51.htm) |
| 24.1 | [Power of Attorney](#ie79874748d3e4da591952fa979c89e96_4) (contained on the signature page to this Registration Statement) |
| 107 | [Filing Fee Table](exfilingfees.htm) |

---

**ITEM 9. UNDERTAKINGS**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)The undersigned Registrant hereby undertakes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement to include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered herein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in the Registration Statement shall be deemed to be a new registration statement relating to the securities offered herein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.

------

**SIGNATURES**

Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Pasadena, State of California, on July 21, 2025.

---

| |
|:---|
| **ALEXANDRIA REAL ESTATE EQUITIES, INC.** |
| /s/ Joel S. Marcus |
| Joel S. Marcus<br>Executive Chairman |

---

------

**POWER OF ATTORNEY**

**KNOW ALL PERSONS BY THESE PRESENTS**, that each person whose signature appears below constitutes and appoints Joel S. Marcus, Peter M. Moglia, and Marc E. Binda, and each or any one of them, his or her true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this Registration Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or their or his or her substitutes or substitute, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.

---

| | | |
|:---|:---|:---|
| **Signature** | **Title** | **Date** |
| /s/ Joel S. Marcus | Executive Chairman | July 21, 2025 |
| Joel S. Marcus | (Principal Executive Officer) |  |
| /s/ Peter M. Moglia | Chief Executive Officer and Chief Investment Officer | July 21, 2025 |
| Peter M. Moglia | (Principal Executive Officer) |  |
| /s/ Marc E. Binda | Chief Financial Officer and Treasurer | July 21, 2025 |
| Marc E. Binda | (Principal Financial Officer) |  |
| /s/ Andres R. Gavinet | Chief Accounting Officer | July 21, 2025 |
| Andres R. Gavinet | (Principal Accounting Officer) |  |
| /s/ Steven R. Hash | Lead Director | July 21, 2025 |
| Steven R. Hash |  |  |
| /s/ Claire Aldridge, Ph.D. | Director | July 21, 2025 |
| Claire Aldridge, Ph.D. |  |  |
| /s/ James P. Cain | Director | July 21, 2025 |
| James P. Cain |  |  |
| /s/ Maria C. Freire, Ph.D. | Director | July 21, 2025 |
| Maria C. Freire, Ph.D. |  |  |
| /s/ Richard H. Klein | Director | July 21, 2025 |
| Richard H. Klein |  |  |
| /s/ Sheila K. McGrath | Director | July 21, 2025 |
| Sheila K. McGrath |  |  |
| /s/ Michael A. Woronoff | Director | July 21, 2025 |
| Michael A. Woronoff |  |  |

---

## Ex-Filing

?xml version='1.0' encoding='ASCII'? exfilingfees

**EXHIBIT 107**

**Calculation of Filing Fee Tables**

**Form S-8**

(Form Type)

**Alexandria Real Estate Equities, Inc.**

(Exact Name of Registrant as Specified in its Charter)

**Table 1: Newly Registered and Carry Forward Securities**

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Type** | **Security Class Title** | **Fee Calculation Rule** | **Amount Registered**<sup>(1)(2)</sup> | **Proposed Maximum**<br>**Offering**<br>**Price per Unit**<sup>(3)</sup> | **Maximum<br>Aggregate<br>Offering Price** | **Fee Rate** | **Amount of<br>Registration Fee** |
| Equity | Common Stock, par value $.01 per share | Rules 457(c) and 457 (h) | 850000 | $78.43 | $66665500 | 0.00015310 | $10207 |
| Total Offering Amounts | Total Offering Amounts |  |  |  | $66665500 |  | $10207 |
| Total Fee Offsets | Total Fee Offsets |  |  |  |  |  | $— |
| Net Fee Due | Net Fee Due |  |  |  |  |  | $10207 |

---

(1)&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to Rule 416 promulgated under the Securities Act of 1933, as amended (the "Securities Act"), this Registration Statement shall also cover an indeterminate number of additional shares of Alexandria Real Estate Equities, Inc.'s (the "Company") common stock, par value $0.01 per share ("Common Stock") that become issuable under the Company's Amended and Restated 1997 Stock Award and Incentive Plan (the "Plan") by reason of any future stock dividend, stock split, recapitalization or other similar transactions effected without receipt of consideration by the Company that increases the number of outstanding shares of Common Stock.

(2)&nbsp;&nbsp;&nbsp;&nbsp;This Registration Statement registers the issuance of an additional 850,000 shares of the Common Stock, which are reserved for future grant and issuable pursuant to the Plan.

(3)&nbsp;&nbsp;&nbsp;&nbsp;Estimated solely for the purpose of calculating the amount of the registration fee pursuant to Rules 457(c) and 457(h). The price per share and aggregate offering price are based upon the average of the high and low prices of Registrant's Common Stock on July 15, 2025, a date within five business days prior to the filing of this Registration Statement, of $79.66 and $77.20, respectively, as quoted on the New York Stock Exchange.

## Exhibit 5.1

**EXHIBIT 5.1**

July 21, 2025

Alexandria Real Estate Equities, Inc.

26 North Euclid Avenue

Pasadena, California 91101

Re:&nbsp;&nbsp;&nbsp;&nbsp;Alexandria Real Estate Equities, Inc.

Registration Statement on Form S-8

Ladies and Gentlemen:

We have served as Maryland counsel to Alexandria Real Estate Equities, Inc., a Maryland corporation (the "Company"), in connection with certain matters of Maryland law arising out of the registration by the Company of 850,000 shares (the "Shares") of common stock, par value $.01 per share (the "Common Stock"), of the Company, covered by the above-referenced Registration Statement, and all amendments and supplements thereto (the "Registration Statement"), filed by the Company with the United States Securities and Exchange Commission (the "Commission") pursuant to the Securities Act of 1933, as amended (the "1933 Act"). The Shares will be issued pursuant to the Company's Amended and Restated 1997 Stock Award and Incentive Plan (the "Plan").

In connection with our representation of the Company, and as a basis for the opinion hereinafter set forth, we have examined originals, or copies certified or otherwise identified to our satisfaction, of the following documents (hereinafter collectively referred to as the "Documents"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.The Registration Statement in the form in which it was transmitted to the Commission under the 1933 Act;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.The charter of the Company (the "Charter"), certified by the State Department of Assessments and Taxation of Maryland (the "SDAT");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.The Bylaws of the Company, certified as of the date hereof by an officer of the Company;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.A certificate of the SDAT as to the good standing of the Company, dated as of a recent date;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.Resolutions adopted by the Board of Directors of the Company, or a duly authorized committee thereof, relating to, among other things, the Plan and the issuance of the Shares (the "Resolutions"), certified as of the date hereof by an officer of the Company;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.The Report of the Inspector of Election (the "Report") of the 2025 Annual Meeting of the Stockholders of the Company, certified as of the date hereof by an officer of the Company;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.The Plan;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.A certificate executed by an officer of the Company, dated as of the date hereof; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.Such other documents and matters as we have deemed necessary or appropriate to express the opinion set forth in this letter, subject to the assumptions, limitations and qualifications stated herein.

In expressing the opinion set forth below, we have assumed the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.Each individual executing any of the Documents, whether on behalf of such individual or another person, is legally competent to do so.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.Each individual executing any of the Documents on behalf of a party (other than the Company) is duly authorized to do so.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.Each of the parties (other than the Company) executing any of the Documents has duly and validly executed and delivered each of the Documents to which such party is a signatory, and such party's obligations set forth therein are legal, valid and binding and are enforceable in accordance with all stated terms.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.All Documents submitted to us as originals are authentic. The form and content of all Documents submitted to us as unexecuted drafts do not differ in any respect relevant to this opinion from the form and content of such Documents as executed and delivered. All Documents submitted to us as certified or photostatic copies conform to the original documents. All signatures on all Documents are genuine. All public records reviewed or relied upon by us or on our behalf are true and complete. All representations, warranties, statements and information contained in the Documents are true and complete. There has been no oral or written modification of or amendment to any of the Documents, and there has been no waiver of any provision of any of the Documents, by action or omission of the parties or otherwise.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.The Shares will not be issued in violation of the restrictions on transfer and ownership contained in Article VII of the Charter.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.Upon issuance of any of the Shares, the total number of shares of Common Stock issued and outstanding will not exceed the total number of shares of Common Stock that the Company is then authorized to issue under the Charter.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.Each option, award, right or other security exercisable or exchangeable for a Share pursuant to the Plan (each, an "Award") will be duly authorized and validly granted in accordance with the Plan, and each Award will be exercised or exchanged in accordance with the terms of the Plan and such Award, including any option or award agreement entered into in connection therewith.

Based upon the foregoing, and subject to the assumptions, limitations and qualifications stated herein, it is our opinion that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.The Company is a corporation duly incorporated and existing under and by virtue of the laws of the State of Maryland and is in good standing with the SDAT.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.The Shares have been duly authorized and, when issued and delivered by the Company pursuant to the Plan and the Resolutions, will be validly issued, fully paid and nonassessable.

The foregoing opinion is limited to the laws of the State of Maryland and we do not express any opinion herein concerning United States federal law or the laws of any other jurisdiction. We express no opinion as to the applicability or effect of any federal or state securities laws, including the securities laws of the State of Maryland, federal or state laws regarding fraudulent transfers or the laws, codes or regulations of any municipality or other local jurisdiction. The opinion expressed herein is subject to the effect of any judicial decision which may permit the introduction of parol evidence to modify the terms or the interpretation of agreements. To the extent that any matter as to which our opinion is expressed herein would be governed by any jurisdiction other than the State of Maryland, we do not express any opinion on such matter.

We assume no obligation to supplement this opinion if any applicable law changes after the date hereof or if we become aware of any fact that might change the opinion expressed herein after the date hereof.

This opinion is being furnished to you for submission to the Commission as an exhibit to the Registration Statement. We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to the use of the name of our firm therein. In giving this consent, we do not admit that we are within the category of persons whose consent is required by Section 7 of the 1933 Act.

Very truly yours,

/s/ Venable LLP

## Exhibit 23.1

**EXHIBIT 23.1**

**Consent of Independent Registered Public Accounting Firm**

We consent to the incorporation by reference in the Registration Statement (Form S-8) pertaining to the Amended and Restated 1997 Stock Award and Incentive Plan of Alexandria Real Estate Equities, Inc. of our reports dated January 27, 2025, with respect to the consolidated financial statements of Alexandria Real Estate Equities, Inc. and the effectiveness of internal control over financial reporting of Alexandria Real Estate Equities, Inc. included in its Annual Report (Form 10-K) for the year ended December 31, 2024, filed with the Securities and Exchange Commission.

/s/ Ernst & Young LLP

Los Angeles, California

July 21, 2025

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