SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): MAY 27, 1998
ALEXANDRIA REAL ESTATE EQUITIES, INC.
(Exact name of registrant as specified in its charter)
MARYLAND 1-12993 95-4502084
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
135 NORTH LOS ROBLES AVENUE
SUITE 250
PASADENA, CALIFORNIA 91101
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (626) 578-0777
ITEM 5. OTHER EVENTS.
On May 27, 1998, Alexandria Real Estate Equities, Inc. (the "Company")
entered into a Purchase Agreement with PaineWebber Incorporated
("PaineWebber"), pursuant to which PaineWebber purchased 1,150,000 shares
(the "Shares") of common stock, par value $0.01 per share, of the Company in
a private placement at a price of $29.0344 per share, resulting in aggregate
proceeds to the Company of approximately $33.4 million. PaineWebber
deposited the Shares with the trustee of PaineWebber Equity Trust REIT Series
I (A Unit Investment Trust) (the "Trust"), a registered unit investment trust
under the Investment Company Act of 1940, as amended, for which PaineWebber
acted as sponsor and depositor, in exchange for units in the Trust. On June
9, 1998, the Company filed a Registration Statement on Form S-3 with the
Securities and Exchange Commission to register the Shares under the
Securities Act of 1933, as amended.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(c) EXHIBITS
99.1 Purchase Agreement, dated as of May 27, 1998, by and
between the Company and PaineWebber.
2
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
ALEXANDRIA REAL ESTATE
EQUITIES, INC.
Date: June 22, 1998 By: /s/ PETER J. NELSON
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Peter J. Nelson
Chief Financial Officer,
Senior Vice President,
Treasurer and Secretary
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EXHIBIT INDEX
EXHIBIT SEQUENTIALLY
NUMBER EXHIBIT NUMBERED PAGE
99.1 Purchase Agreement, dated as of May 27, 1998, by
and between the Company and PaineWebber
Ex-1