Procore vs Alexandria Real Estate Equities
Side-by-side comparison of AI visibility scores, market position, and capabilities
NYSE-listed (PCOR) construction management platform at $1.1B revenue serving 16,000+ customers including Turner and Skanska; competing with Autodesk Construction Cloud for global construction project management.
About
Procore Technologies is a Carpinteria, California-based construction management software platform providing general contractors, specialty contractors, and project owners with project management, quality and safety, financials, and field productivity tools — connecting every stakeholder from preconstruction through project closeout in a single cloud platform. Listed on NYSE (NYSE: PCOR), Procore was founded in 2002 by Tooey Courtemanche and generated $1.1 billion in revenue in fiscal year 2024, serving 16,000+ customers including Turner Construction, Skanska, and Clark Construction — cementing Procore as the dominant construction management platform globally.
Pasadena life science campus REIT (NYSE: ARE) with 39.7M RSF at $25.7B market cap; largest company lease ever (466,598 RSF/16-year pharma at San Diego Campus Point) and $3.12B 2024 revenue competing with Healthpeak for biotech lab REIT.
About
Alexandria Real Estate Equities, Inc. is a Pasadena, California-based life science real estate investment trust — publicly traded on the New York Stock Exchange (NYSE: ARE) as an S&P 500 REIT — operating as the preeminent owner, operator, and developer of collaborative life science, technology, and agtech Megacampus ecosystems in AAA innovation cluster locations including Greater Boston, the San Francisco Bay Area, San Diego, Seattle, Maryland/DC, Research Triangle, and New York City. As of June 30, 2025, Alexandria has a $25.7 billion total market capitalization and manages 39.7 million rentable square feet (RSF) of operating properties and 4.4 million RSF of Class A/A+ properties under construction. In 2024, Alexandria reported $3.12 billion in revenue (+8.20%). The company executed its largest single lease in history — a 16-year agreement with a multinational pharmaceutical tenant for 466,598 RSF at the Campus Point Megacampus in San Diego (98.8% occupied). Executive Chairman and Founder: Joel Marcus; Co-CEOs: Stephen Richardson and Peter Moglia. Founded 1994.
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