Alexandria Real Estate Equities, Inc. Named Official Life Science Real Estate Partner of the 54th Head Of The Charles Regatta
September 18, 2018
Premier Sponsor to partner with West End House to teach Allston-Brighton youths how to row and present City of Cambridge Trophy
Cambridge, MA – The Head Of The Charles Regatta today announced that it has entered into a partnership with Alexandria Real Estate Equities, Inc. (NYSE: ARE), which will serve as a Premier Sponsor of the 54th Regatta in October 2018.
Alexandria, the country’s largest owner, operator, and developer of collaborative life science and technology campuses in key urban innovation cluster locations, including a leading presence in Cambridge with approximately 5 million square feet of high-quality office/laboratory space in the heart of Kendall Square, will be the Official Life Science Real Estate Partner of the iconic race weekend — scheduled for October 20 and 21.
“The Head Of The Charles is delighted to welcome Alexandria to the support team for this year’s Regatta,” said Frederick Schoch, Executive Director of the Head Of The Charles. “Dedicated sponsors are what allow us to continue this important and unique Boston tradition. Alexandria’s partnership demonstrates their commitment to the event, the region, and the rowing community at large, and we are thankful for their vision and generous commitment.”
The Head Of The Charles is one of the world’s most widely renowned rowing competitions. The 54th Regatta weekend offers a variety of events for local and international rowers alike. The Regatta engages rowers with a wide range of experience, including juniors, Olympians, and Para, and Masters Athletes. The Regatta has become one of the most highly recognized signature events of New England, attracting tens of thousands of spectators and over 800 universities, colleges, schools, and clubs.
“Alexandria is pleased to support the 54th Head Of The Charles Regatta,” said Tom Andrews, Co-President and Greater Boston Regional Market Director of Alexandria Real Estate Equities, Inc. “The Head Of The Charles is a unique New England tradition, which embodies the passion, dedication, teamwork, inclusion, and drive that we value at Alexandria. The Regatta aligns with our commitment to support our local communities and the next generation of leaders, as well as to promote health and wellness.”
Through its sponsorship, Alexandria is proud to support a “learn to row” for children at the West End House on October 18, the Thursday before the Regatta. West End House, located in Brighton, MA, is an innovative and vibrant youth development agency that provides outcomes-driven programs to more than 1,700 youth residing in the most underserved communities in the city of Boston. With this partnership, Alexandria and HOCR will be collaborating with Community Rowing to use their equipment, while coaching will come from a variety of international Olympians who will be racing during the Head Of The Charles. The program will provide Allston-Brighton kids with an opportunity to row on the Charles themselves and experience firsthand the magic of being on the water.
Further, Alexandria will present the City of Cambridge Trophy for Women’s Lightweight Fours, alongside City of Cambridge officials at the Awards Stage on the final day of the Regatta.
Alexandria’s sponsorship of the Regatta will help preserve the event’s mission to provide a world-class competition to rowers of all abilities. The 54th Regatta, scheduled this year for October 20 and 21, is expected to attract almost 11,000 competitors and over 400,000 spectators. The event is free and is accessible to view from any bridge or along the shoreline of the three-mile course.
For more information about the event, visit the Head Of The Charles at hocr.org.
ABOUT ALEXANDRIA REAL ESTATE EQUITIES, INC.
Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500® company, is an urban office real estate investment trust (“REIT”) uniquely focused on collaborative life science and technology campuses in AAA innovation cluster locations, with a total market capitalization of $18.8 billion and an asset base in North America of 32.0 million SF as of June 30, 2018. The asset base in North America includes 21.5 million RSF of operating properties and 3.5 million RSF of development and redevelopment of new Class A properties currently undergoing construction and pre-construction activities with target delivery dates ranging from 2018 through 2020. Additionally, the asset base in North America includes 7.0 million SF of intermediate-term and future development projects. Founded in 1994, Alexandria pioneered this niche and has since established a significant market presence in key locations, including Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland and Research Triangle Park. Alexandria has a longstanding and proven track record of developing Class A properties clustered in urban life science and technology campuses that provide its innovative tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity, and success. Alexandria also provides strategic capital to transformative life science and technology companies through its venture capital arm. We believe our unique business model and diligent underwriting ensure a high-quality and diverse tenant base that results in higher occupancy levels, longer lease terms, higher rental income, higher returns, and greater long-term asset value. For additional information on Alexandria, please visit www.are.com.
ABOUT HEAD OF THE CHARLES REGATTA
Since its origin in 1965, the Head Of The Charles® Regatta has welcomed the world’s best crew teams to the banks of the Charles River for the ultimate two-day rowing competition. Preparing for an event that attracts over 11,000 athletes and thousands of spectators requires a great deal of planning. The HOCR consists of a 15 member Board of Directors, six of whom are in charge of race management and overseeing an eleven-member race committee (including two race co-chairs). The race committee meets year-round to discuss the operational and logistical details of the event. They are assisted by 115 leading volunteers on 30 separate committees that begin meeting weekly in the fall. A full-time, professional staff of four, headquartered in the Cambridge Boat Club, works year-round to plan the event, obtain sponsorship, and communicate with the rowing community. Head Of The Charles is a registered trademark of the Cambridge Boat Club, 2 Gerry’s Landing Road, Cambridge, MA. For more information, call Head Of The Charles at (617) 868-6200, email email@example.com.