Breakthrough Properties

Environments that foster innovation.

Discoveries that transform lives.

Featured Projects

Real Estate at the Speed of Science

Breakthrough Properties, a joint venture between Tishman Speyer and Bellco Capital, is a global life science real estate developer, owner and operatory of research and development facilities for  mission-driven companies. From multinational firms to life science startups, we are building communities of high impact. Each one of our projects reflect our mission: a focus on quality architectural and interior design, exceptional hospitality, and exemplary operational excellence. The exteriors are as curated as the interiors, with the goal of blending art and science, all for the benefit of human health. Our projects reflect our core values, an emphasis on sustainability, and a focus on creative placemaking to support the ecosystem and communities we serve. We build environments that foster innovation where discoveries transform lives.

About US

Breakthrough Properties is a life science real estate investment firm that leverages cross-sector collaboration to deliver environments that foster innovation and scientific breakthroughs.

Our team is a first-of-its-kind collaboration in real estate development, which came together through a shared passion that combines Tishman Speyer’s global real estate platform with Bellco Capital’s industry-making biotechnology entrepreneurship to capitalize on the rapidly expanding — yet substantially under-supplied — life science real estate industry. Our teams develop and operate world-class mission critical facilities for the most innovative companies. 

A destination for life changing discoveries.  

Our Team

What truly makes our company unique is our people. A dedicated team of professionals who exemplify the collaborative culture; fosters creativity and passion; and share an unwavering commitment to quality.

With their exceptional insight, expertise and depth of experience, our people are essential to our success. Lead by an experienced management team, our global real estate professionals blend local knowledge and market-driven insights with an international breadth in the investment, development and operations of world-class life science facilities.

Along with our Board of Directors and Scientific Advisory Board (SAB), our integrated platform brings proven expertise to meet the needs of premier organizations around the world.

Breakthrough in the News

Breakthrough Properties Welcomes Pfizer Oncology to Torrey View Campus; Announces Important New Collaboration with Pfizer Ignite

Long-Term Lease Brings Breakthrough’s 520,000-Square-Foot Premier Research and Development Campus to 100% Leased Prior To Construction Completion Breakthrough Properties, a leading global life sciences real estate developer, owner and operator, is pleased to welcome Pfizer Oncology to Torrey View, its premier life science campus quickly nearing completion in San Diego. As part of a 15-year, 230,000-square-foot lease, Pfizer will drive its commitment to accelerating breakthroughs for cancer patients utilizing two state-of-the-art research and development buildings.

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Breakthrough Properties Secures £104 Million Loan and Planning Approvals For Vitrum by Breakthrough at St. John’s Innovation Park

Construction Commences on Premier Lab & Office Workspaces to Address the Growing Needs of the Cambridge Bioscience Ecosystem Cambridge, England (January 30, 2024) – Breakthrough Properties, a leading global life sciences real estate developer, owner and operator, today announced it is set to begin construction on Vitrum by Breakthrough, a world-class life science building located inside the 21-acre St. John’s Innovation Park in Cambridge, England. A joint venture of global developer Tishman Speyer and biotechnology

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Breakthrough Properties Acquires Majority Interest in Callan Ridge, A Newly-Constructed, Fully-Leased Life Science Campus in Torrey Pines

The Acquisition, Via a Strategic Joint Venture with Healthpeak Properties, Further Accelerates Breakthrough’s Growth in Premier Biotech Hubs San Diego, CA (January 10, 2024) – Breakthrough Properties (“Breakthrough”), a leading global life sciences real estate developer, today announced it has acquired a majority interest in Callan Ridge, a two-building Class A life science campus nearing completion in San Diego’s preeminent Torrey Pines cluster. The 185,000-square-foot campus is fully leased to Turning Point Therapeutics, Inc., a

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