Item 5.02  Departure of Directors or Certain Officers; Election of Directors;
           Appointment of Certain Officers; Compensatory Arrangements of Certain
           Officers.

Resignation of Executive Officer

On December 30, 2020, Thomas J. Andrews, Co-President and Regional Market Director - Greater Boston of Alexandria Real Estate Equities, Inc. (the "Company"), submitted his resignation for personal reasons from his current positions with the Company, effective December 30, 2020. Mr. Andrews had served in his current position since 2018, and had been employed by the Company in various positions since 1999. Mr. Andrews will remain with the Company in a different capacity to assist with transitional matters.

Election of Executive Officer

Hunter Kass

On January 4, 2021, the Board of Directors (the "Board") of the Company elected Hunter Kass as Executive Vice President - Regional Market Director - Greater Boston, effective as of January 1, 2021. Mr. Kass, age 38, has served as the Company's Senior Vice President - Strategic Market Director - Greater Boston since October 2019 and has been with the Company since 2018. In these roles, Mr. Kass focused on the Company's strategic growth through leadership of the Greater Boston development team and acquisitions and transactions within the Greater Boston region. Prior to joining the Company, Mr. Kass worked at MIT's Endowment ("MITIMCo") starting as a Senior Investment Associate, then a Senior Real Estate Officer, and ultimately an Associate Director in the Transaction Group of the Direct Real Estate Team. During his six-year tenure at MITIMCo, Mr. Kass was a leader in the team that executed over one million square feet of leasing, completed multiple capital market transactions that in total exceeded two billion dollars, and supported the entitlement and permitting of several million square feet in Cambridge, Massachusetts. Mr. Kass received his Bachelor of Arts degree from the University of Virginia, a Master's in Business Administration from Babson College, and a Master of Science degree from the Center for Real Estate at the Massachusetts Institute of Technology.

On January 4, 2021, the Company entered into an executive employment agreement with Mr. Kass pursuant to his election as Executive Vice President - Regional Market Director - Greater Boston, which agreement became effective as of January 1, 2021. Mr. Kass's executive employment agreement reflects his new position, duties and reporting structure and provides that his annual base salary will be $500,000. Mr. Kass will continue to be eligible for an annual bonus and periodic equity awards as the Board may determine.

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