WASHINGTON, Dec. 18 -- Alexandria Real Estate Equities Inc. (ARE), Pasadena, Calif., has filed a Form 4 with the Securities and Exchange Commission noting the change in the beneficial interest held by General Counsel & Secretary Jackie B. Clem, Pasadena.

On Dec. 13 the action involved disposition of 4992 Common Stocks. Clem owns 45124 Common Stocks directly.

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