Roche Genentech triples lease commitment in Tishman Speyer’s One Milestone life science complex
Major lease expansion at the Harvard Enterprise Research Campus in Allston, Massachusetts, seen as another small sign of recovery in life science sector Genentech, a San Francisco-based biotechnology company and member of the Roche Group that produces medicines to treat life-threatening medical conditions, has agreed to triple the amount of space it will occupy at […]
Tishman Speyer, Bellco Capital Land $465MCMBS Loan for Life Science Campus
By Brian Pascus Tishman Speyer wasn’t quiet in 2025, and the firm is already making big moves in 2026.Rob Speyer’s namesake firm and its joint venture partner, bellco capital, have secured a $465 million loan to refinance Torrey Heights, a 520,000-square-foot life sciences campus in San Diego, Commercial Observer can first report.J.P. Morgan Chase, along […]
Breakthrough Properties Completes One Helix, A Cutting-edge Research Facility Fully Leased to AstraZeneca
Breakthrough’s One Helix is a Purpose-Built, BREEAM Outstanding Building within Amsterdam University Medical Center AMSTERDAM, Nov. 4, 2025 /PRNewswire/ — Breakthrough Properties, a premier global life science real estate developer, today announced the completion of One Helix, a fully-leased, state-of-the-art research facility within the campus of the Amsterdam University Medical Center (Amsterdam UMC). Breakthrough, a joint venture of […]
L&G expands European real estate footprint with second loan in the Netherlands
Completion of €38m refinancing for one of continental Europe’s most sustainable life science buildings 24 July 2025. As L&G continues to build out its European real estate footprint, it announces that it has completed its second refinancing in the Netherlands. L&G, together with Breakthrough Properties – a life science real estate investment company backed by […]
Pfizer lease at San Diego’s Torrey Heights campus gives a shot in the arm to biotech industry
Lease of the year for San Diego By Lou Hirsh, Dominic Capocelli Pharmaceutical giant Pfizer signed a 15-year lease to occupy about 230,000 square feet at developer Breakthrough Properties’ newly built Torrey Heights office campus in San Diego. It was among the region’s largest office leases of 2024, at a time when many life science […]
Breakthrough Properties Partners with Stonewall Inn Gives Back Initiative to Support LGBTQ+ Community
Breakthrough Properties today announced a new partnership with the Stonewall Inn Gives Back Initiative (SIGBI) designed to create safe and welcoming environments for members of the LGBTQ+ community within Breakthrough Properties’ corporate offices, development projects and properties around the world. Breakthrough Properties, a joint venture of Tishman Speyer and Bellco Capital, has earned SIGBI’s Safe […]
Breakthrough Properties Acquires MUSE, a Three-Building Trophy Life Science Campus in San Diego
Breakthrough Expands West Coast Portfolio with Purchase of Premier Lab Research Complex in Highly Coveted Torrey Pines Submarket SAN DIEGO, Feb. 3, 2025 /PRNewswire/ — Breakthrough Properties (“Breakthrough”), a leading global life science real estate developer, owner and operator, today announced the acquisition of MUSE, a three-building trophy life science campus in the Torrey Pines submarket of San Diego. Breakthrough, a joint venture […]
Breakthrough Properties Joined by San Diego Mayor Todd Gloria to Celebrate the Opening of Torrey View By Breakthrough Development
Fully Leased Life Science Campus is Now Home to Leading CompaniesIncluding Pfizer and BD Biosciences SAN DIEGO, Oct. 17, 2024 /PRNewswire/ — Breakthrough Properties was joined by San Diego Mayor Todd Gloria, UCSD Chancellor Pradeep Khosla, Ph.D. and representatives from Pfizer and BD Biosciences on September 30 to commemorate the opening of Torrey View, its newly-developed, 10-acre life science campus in Del Mar Heights. Breakthrough successfully […]
Legend set to open Philadelphia cell therapy R&D site next year
By James Waldron Legend Biotech appears to be on a mission to shake up its cell therapy development. A week after signing up to collaborate on a robotic cell therapy manufacturing system, the biopharma has unveiled plans for a new R&D site in Philadelphia. The 31,000-square-foot facility in Philadelphia’s Center City district is expected to […]
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, […]