Item 1(a) NAME OF ISSUER
Alexandria Real Estate Equities, Inc.
Item 1(b) ADDRESS OF ISSUERS PRINCIPAL EXECUTIVE OFFICES
135 N Los Robles, Suit 250
Pasadena, CA 91101
Item 2(a) NAME OF PERSON FILING
Davis Selected Advisers, L.P. for
Davis Growth & Income Fund
Davis Guard Real Estate
Davis Real Estate
SICAV Davis Real Estate Fund
SunAmerica Series Trust Venture Value Real Estate
UB Kuwait
Item 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE
2949 East Elvira Road, Suite 101
Tucson, Arizona 85706
Item 2(c) CITIZENSHIP
Colorado Limited Partnership
Item 2(d) TITLE OF CLASS OF SECURITIES
Common
Item 2(e) CUSIP NUMBER
015271109
Item 3 FIELD PURSUANT TO RULE 13d-1(b)
(e) [X] Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940
Item 4 OWNERSHIP
(a) Amount beneficially owned 758,000shares
Davis Growth & Income Fund 66,900
Davis Guard Real Estate 900
Davis Real Estate 552,300
SICAV Davis Real Estate Fund 11,000
SunAmerica Series Trust Venture Value Real Estate 98,400
UB Kuwait 28,500
(b) Percent of class 5.52%
Davis Growth & Income Fund 0.4869%
Davis Guard Real Estate 0.0065%
Davis Real Estate 4.0194%
SICAV Davis Real Estate Fund 0.0801%
SunAmerica Series Trust Venture Value Real Estate 0.7161%
UB Kuwait 0.2074%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
Davis Selected Advisers,L.P. 758,000
(ii) shared power to vote to direct the vote
N/A
(iii) sole power to dispose or to direct the disposition of
Davis Selected Advisers, L.P. 758,000
(iv) shared power to dispose or to direct the disposition of
N/A
Item 5 Not applicable
Item 6 Not applicable
Item 7 Not applicable
Item 8 Not applicable
Item 9 Not applicable
Item 10 CERTIFICATION
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired in
the ordinary course of business and were not acquired for the
purpose of and do not have the effect of changing or
influencing the controlof the issuer or such securities and
were not acquired in connection with or as a participant in
any transaction having such pruposes or effect.
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.
SIGNATURE /s/ Anthony Frazia
PRINT Anthony Frazia, Chief Compliance Officer
DATE February 10, 2000
