Alexandria Real Estate Equities, Inc. (NYSE:ARE) agreed to acquire 3301, 3303, 3305 and 3307 Hillview Avenue from Morgan Stanley Real Estate Advisor, Inc. for approximately $450 million on December 1, 2021. The deal is expected to close in the first quarter of 2022. Steve Golubchik, Jonathan Schaefler and Darren Hollak of Newmark represented Alexandria.

Alexandria Real Estate Equities, Inc. (NYSE:ARE) completed the acquisition of 3301, 3303, 3305 and 3307 Hillview Avenue from Morgan Stanley Real Estate Advisor, Inc. on January 6, 2022. Alexandria paid about $1,527 per square foot for the structures, which contain a combined 292,000 square feet of space.