Business
Alexandria Real Estate Equities, Inc. Wins Its First International TOBY (The Outstanding Building of the Year) Award in Life Science Category for 8 Davis Drive Anchoring the Alexandria Center for Advanced Technologies Megacampus in Research Triangle
Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative Megacampus™ ecosystems in AAA life science innovation cluster locations, today announced it has been honored with the 2025 International TOBY (The Outstanding Building of the Year) Award in the Life Science category for 8 Davis Drive on the Alexandria Center® for Advanced Technologies Megacampus in Research Triangle. The TOBY Awards, administered
About this update from Alexandria Real Estate Equities, Inc.
[{"type":"text","content":"PASADENA, Calif., July 17, 2025 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative Megacampus™ ecosystems in AAA life science innovation cluster locations, today announced it has been honored with the 2025 International TOBY (The Outstanding Building of the Year) Award in the Life Science category for 8 Davis Drive on the Alexandria Center® for Advanced Technologies Megacampus in Research Triangle. The TOBY Awards, administered by BOMA (Building Owners and Managers Association), are the commercial real estate industry's highest recognition honoring excellence in building management and operations. Following local and regional recognition and a competitive judging process, 8 Davis Drive was awarded the International TOBY in the recently introduced Life Science category from among four global finalists, including two additional Alexandria properties — 201 Haskins Way in the San Francisco Bay Area and 188 East Blaine Street in Seattle. The prestigious award marks Alexandria's first international TOBY win, a milestone that underscores the company's long-standing track record in design, placemaking, operational excellence and innovation."We are incredibly honored to receive our first-ever International TOBY for 8 Davis Drive in Research Triangle, where we have been at the vanguard of growing and shaping a vibrant and impactful innovation ecosystem since 1998," said Joel S. Marcus, executive chairman and founder of Alexandria Real Estate Equities, Inc. and Alexandria Venture Investments. "In 2012, we acquired a 50-acre site from The Hamner Institute for Health Sciences, named for Dr. Charles Hamner, the 'Father of North Carolina's Life Sciences,' with the vision to bring a new advanced technologies campus to the cluster. Over the past decade, we have transformed this site into a dynamic Megacampus distinguished by its stellar design and curated placemaking, creating a vital hub within the Research Triangle ecosystem."8 Davis Drive is situated in the heart of the Alexandria Center® for Advanced Technologies Megacampus, a best-in-class multi-tenant ecosystem for R&D, biomanufacturing, and next-generation scientific and technological innovation. Home to a diverse mi...