SUGAR LAND, TX, Nov. 16, 2009 (Marketwire) --
SUGAR LAND, TX -- (Marketwire) -- 11/16/09 -- Reported by Annette Kreuger, Industrial Info Resources (Sugar Land, Texas) -- Like virtually all of the other major players in the Pharmaceutical & Biotech Industry, it appears that Alexandria Real Estate Equities Incorporated (NYSE:ARE) (Pasadena, California) is looking to India to build a $100 million biotech building. As opposed to the domestic market and its current slump, India expects annual growth rates of 14%. A top developer and owner of life science properties throughout North America, Alexandria is a real estate investment trust that is known for the quality of its developments.
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