# EDGAR Filing Document

**Accession Number:** 0001035443
**File Stem:** 0001104659-26-012714
**Filing Date:** 2026-2
**Character Count:** 7401
**Document Hash:** 950092d219e149ebda5bdda4ace6bc9a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-012714.hdr.sgml**: 20260210

**ACCESSION NUMBER**: 0001104659-26-012714

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260210

**DATE AS OF CHANGE**: 20260210

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Alexandria Real Estate Equities, L.P.
- **CENTRAL INDEX KEY:** 0001542693
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE INVESTMENT TRUSTS [6798]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 954705259
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** FWP
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-276803-01
- **FILM NUMBER:** 26617004

**BUSINESS ADDRESS:**
- **STREET 1:** 26 NORTH EUCLID AVENUE
- **CITY:** PASADENA
- **STATE:** CA
- **ZIP:** 91101
- **BUSINESS PHONE:** 626-578-0777

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

**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:** FWP

**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

**Filed Pursuant to Rule 433<br> Issuer Free Writing Prospectus<br> Registration File Nos: 333-276803 and 333-276803-01**

**Alexandria Real Estate Equities, Inc.**

**Fully and unconditionally guaranteed by Alexandria Real Estate Equities, L.P.**

This pricing term sheet supplements Alexandria Real Estate Equities, Inc.'s preliminary prospectus supplement, dated February 10, 2026 (the "Preliminary Prospectus Supplement"), including the documents incorporated by reference therein, relating to this offering, and supersedes the information in the Preliminary Prospectus Supplement to the extent inconsistent with the information in the Preliminary Prospectus Supplement. In all other respects, this pricing term sheet is qualified in its entirety by reference to the Preliminary Prospectus Supplement.

**Final Terms and Conditions Applicable to**

**$750,000,000 5.25% Senior Notes due 2036**

---

| | |
|:---|:---|
| **Issuer:** | Alexandria Real Estate Equities, Inc. |
| **Security Description:** | 5.25% Senior Notes due 2036 |
| **Guarantee/Guarantor:** | Fully and unconditionally guaranteed by Alexandria Real Estate Equities, L.P. |
| **Expected Ratings:\*** | Moody's: Baa1/Negative / S&P: BBB+/Negative |
| **Size:** | $750000000 |
| **Maturity Date:** | March 15, 2036 |
| **Price to Public:** | 99.679% |
| **Interest Rate:** | 5.250% per annum |
| **Yield to Maturity:** | 5.291% |
| **Spread to Benchmark Treasury:** | T+115 basis points |
| **Benchmark Treasury:** | 4.000% due November 15, 2035 |
| **Benchmark Treasury Price and Yield:** | 98-28 / 4.141% |
| **Interest Payment Dates:** | Each March 15 and September 15, beginning on September 15, 2026 |
| **Optional Redemption:** | The redemption price for notes that are redeemed before December 15, 2035 (three months prior to the stated maturity date of the notes) will be equal to the sum of (i) 100% of the principal amount of the notes being redeemed, (ii) accrued and unpaid interest thereon, if any, to, but excluding, the date of redemption, and (iii) a make-whole amount of T+20 bps. |
|  | The redemption price for notes that are redeemed on or after December 15, 2035 will be equal to the sum of 100% of the principal amount of the notes being redeemed, plus accrued and unpaid interest thereon. |

---

---

| | |
|:---|:---|
| **Joint Book-Running Managers:** | Citigroup Global Markets Inc.<br> BofA Securities, Inc.<br> J.P. Morgan Securities LLC<br> Scotia Capital (USA) Inc.<br> TD Securities (USA) LLC<br> BBVA Securities Inc.<br> BMO Capital Markets Corp.<br> BNP Paribas Securities Corp.<br> Fifth Third Securities, Inc.<br> Goldman Sachs & Co. LLC<br> RBC Capital Markets, LLC<br> Regions Securities LLC<br> Truist Securities, Inc. |
| **Co-Managers:** | Barclays Capital Inc.<br> Capital One Securities, Inc.<br> Huntington Securities, Inc.<br> Mizuho Securities USA LLC<br> PNC Capital Markets LLC<br> Samuel A. Ramirez & Company, Inc.<br> SMBC Nikko Securities America, Inc.<br> U.S. Bancorp Investments, Inc. |
| **CUSIP / ISIN:** | 015271BF5 / US015271BF51 |
| **Denominations:** | $2,000 and integral multiples of $1,000 in excess thereof |
| **Trade Date:** | February 10, 2026 |
| **Settlement Date:** | February 25, 2026 (T+10)\*\* |

---

\* Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

\*\* The Issuer expects that delivery of the notes will be made to investors on or about February 25, 2026, which will be the tenth business day following the date of the prospectus supplement (such settlement being referred to as "T+10"). Under Rule 15c6-1 of the Exchange Act, trades in the secondary market generally are required to settle in one business day unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the notes on the date of pricing of the notes or the next eight succeeding business days will be required, by virtue of the fact that the notes initially will settle in T+10, to specify an alternative settlement cycle at the time of any such trade to prevent failed settlement and should consult their own advisors.

The Issuer and the Guarantor have filed a registration statement (including a prospectus) with the Securities and Exchange Commission (the "SEC") for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents that the Issuer and the Guarantor have filed with the SEC for more complete information about the Issuer, the Guarantor and this offering.

You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the Issuer, the Guarantor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus and the accompanying prospectus supplement if you request it by contacting: Citigroup Global Markets Inc. at c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: 1-800-831-9146 or e-mail: prospectus@citi.com; BofA Securities, Inc., NC1-022-02-25, 201 North Tryon Street, Charlotte, NC 28255-0001, Attn: Prospectus Department, Email: dg.prospectus_requests@bofa.com; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by email at prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com; Scotia Capital (USA) Inc., 250 Vesey Street, New York, New York 10281, toll-free number: 1-800-372-3930; or TD Securities (USA) LLC, toll-free number: 1-855-495-9846.

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