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California-Based Developer Plans to Develop Office and Lab Building at Port Covington

Alexandria Real Estate Equities, a California- based Real Estate Investment Trust (REIT) with a focus on technology and life sciences research and development, has revealed plans to develop a 170,000 sq. ft. office and lab building at Port Covington in Baltimore City. According to the Baltimore Business Journal, the building would be the latest addition to the massive project totaling 14M sq. ft. in South Baltimore. "Alexandria’s urban innovation campuses (are) intentionally designed to foster innovation, drive productivity, and enhance collaboration," said founder Joel S. Marcus. 

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