While most commercial office landlords are still hunting for post‑pandemic tenants, there's a sector of the real estate industry that's breeding breakout growth: life sciences. Global biotech spending is projected to triple from roughly $1.7 trillion in 2025 to more than $5 trillion by 2034. All that R&D cash needs purpose‑built laboratory space.That's what makes Alexandria Real Estate Equities (ARE 0.17%) such a standout real estate investment trust (REIT). It owns the largest portfolio of labs and life-sc ...