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,
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
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
Breakthrough Properties Breaks Ground in Heart of Oxford’s Life Science Innovation Cluster, Addressing Growing Demand for Cutting-Edge R&D Facilities
U.K. Life Science Sector Expected to Grow by Nearly £9 Billion in the Next Three Years OXFORD, England, Nov. 1, 2023 /PRNewswire/ — Breakthrough Properties, a leading global life sciences real estate developer, held groundbreaking events in October to herald the start of construction of Trinity by Breakthrough in Oxford, England, one of the leading academic and innovation clusters
Breakthrough Properties to Develop New European Headquarters for Neogene Therapeutics
Breakthrough Expands its International Footprint, Entering the Burgeoning Amsterdam Life Science Community in Partnership with the Amsterdam University Medical Center Anticipated to be One of the World’s Most Advanced and Sustainable Laboratory Environments, Kavel F by Breakthrough Aims to Achieve Carbon Negative Operations and a BREEAM Outstanding Rating AMSTERDAM, Sept. 21, 2023 /PRNewswire/ — Breakthrough Properties, a premier
Breakthrough Properties Unveils Plans for Vitrum by Breakthrough In Cambridge’s Most Advanced Life Sciences Environment
Renowned Global Architecture Firm Henning Larsen Has Designed the Innovative UK Facility in St John’s Innovation Park CAMBRIDGE, England, April 25, 2023 /PRNewswire/ — Breakthrough Properties, a leading global life sciences real estate developer, today unveiled development plans for Vitrum by Breakthrough, a world-class research and development environment tailored to cutting-edge biotechnology companies that rely on modern, flexible workspaces
Breakthrough Properties Unveils Plans to Create a World-Leading Research Building in Burgeoning Oxford Life Science Market
Trinity House by Breakthrough Development Will Include 169,000 SF of Research Labs and Offices to Address Demand for Cutting-Edge Environments Across U.K.’s Golden Triangle OXFORD, England, Jan. 11, 2023 /PRNewswire/ — Breakthrough Properties, a leading global life sciences real estate developer, today unveiled development plans for its Trinity House by Breakthrough site in Oxford, England, one
Breakthrough Properties Welcomes CRISPR Therapeutics to the Company’s Newly-Completed R&D Headquarters in Boston
Grand Opening for The 105 by Breakthrough Celebrates Bringing CRISPR Therapeutics’ Teams into New State-of-the-Art Life Sciences Environment BOSTON, Oct. 6, 2022 /PRNewswire/ — Breakthrough Properties (Breakthrough), a leading global developer of life sciences real estate, celebrated the completion and grand opening of The 105 by Breakthrough (The 105) in collaboration with CRISPR Therapeutics. The new state-of-the-art facility is fully leased to
Breakthrough Properties Enters the Boulder Market with Acquisition and Development of Boulder 38 by Breakthrough
Breakthrough to Utilize its Expertise in Lab Development and Operations to Support Boulder’s Burgeoning Yet Underserved Biotech Community Boulder, CO (August 11, 2022) – Breakthrough Properties, a leading global developer of life sciences real estate backed by a joint venture of Tishman Speyer and Bellco Capital, today announced it has acquired a 9.3-acre, four-building campus
Breakthrough Properties Commences Construction of One Canal by Breakthrough, a Premier Life Science Research Center Along East Cambridge Waterfront
One Canal Will Cater to Mission-Driven Companies in One of the World’s Leading Biotech Clusters Boston, MA (August 3, 2022) – Breakthrough Properties, a leading global developer of life sciences real estate backed by a joint venture of Tishman Speyer and Bellco Capital, today announced it has commenced construction on the redevelopment of One Canal
Breakthrough Properties Acquires Best-in-Class Life Sciences Development Site at 2300 Market in Philadelphia’s Vibrant Center City District
PHILADELPHIA, May 16, 2022 /PRNewswire/ — Breakthrough Properties, a leading global developer of life sciences real estate backed by a joint venture of Tishman Speyer and Bellco Capital, today announced the acquisition and development of the 2300 Market Street block in Philadelphia’s Center City district. Breakthrough plans to redevelop the site to support over 200,000 square feet of best-in-class life science space. Philadelphia ranks
Breakthrough Properties Acquires St. John’s Innovation Park Building in Cambridge, UK’s Premier Life Sciences and Technology Cluster
Breakthrough Expands Platform in Europe with Second U.K. Acquisition in 2022 LOS ANGELES and LONDON, May 3, 2022 /PRNewswire/ — Breakthrough Properties, a leading global developer of life sciences real estate backed by a joint venture of Tishman Speyer and Bellco Capital, today announced it has acquired The Vitrum Building, located on 1.8 acres inside St. John’s Innovation Park in Cambridge, England, one of
Breakthrough Properties Raises $3 Billion to Develop Next Generation Life Science Ecosystems
Breakthrough Closes Largest Ever Dedicated Life Science Real Estate Fund, Excluding Recapitalizations of Existing Portfolios Final Closing Surpasses Initial $1.5 Billion Target to Support World’s Leading Biopharma Companies in Key Clusters Across the United States and Europe LOS ANGELES, April 29, 2022 /PRNewswire/ — Breakthrough Properties, a joint venture of Tishman Speyer and Bellco Capital, today announced the final closings for the
LabCentral Ignite Platform for Life Sciences Diversity Awarded $400,000 in Grants and Matching Funds from the U.S. Economic Development Administration’s STEM Talent Challenge and Breakthrough Properties
Funding will be used to expand LabCentral Ignite’s Career Forge program that matches under-represented individuals with professional jobs and internships in the biotech field CAMBRIDGE, Mass., March 23, 2022 /PRNewswire/ — LabCentral Ignite today announced it has been awarded $400,000in grants and matching awards from the U.S. Economic Development Administration (EDA) and Breakthrough Properties to expand Career
Breakthrough Properties Launches “StudioLabs by Breakthrough” As Part of Its Rapidly Expanding Life Science Real Estate Portfolio
New innovation platform offers flexible, curated private lab and office suites designed for hyper growth life science usersInaugural StudioLabs location in San Diego is fully preleased to three venture-backed life science companies at the forefront of next-generation therapies SAN DIEGO, March 9, 2022 /PRNewswire/ — Breakthrough Properties, a leading global developer and operator of Class
Breakthrough Properties Acquires 1.7-Acre Site for Its First Ground-Up Life Sciences Development in the UK
LONDON, Feb. 1, 2022 /PRNewswire/ — Breakthrough Properties, a leading global developer of life sciences real estate backed by a joint venture of Tishman Speyer and Bellco Capital, today announced the acquisition of the 1.7-acre Trinity House site in Oxford, England, one of the leading academic and innovation clusters in the world. Located at the gateway of the 88-acre Oxford
BD Selects Torrey View by Breakthrough as San Diego Campus for Growing Biosciences Business
SAN DIEGO, Nov. 22, 2021 /PRNewswire/ — Breakthrough Properties, a leading global developer of life sciences real estate, formed through a joint venture of Tishman Speyer and Bellco Capital, today announced that leading global medical technology company BD (Becton, Dickinson and Company) has selected Torrey View by Breakthrough as home for an expanded San Diego
More Office Properties Are Becoming Labs in Top Life Sciences Cities
Developers are quickly converting some existing office spaces, but not every building is a good fit to include laboratory space. Investors are eager to buy life sciences buildings—which may look like conventional office properties on the outside, but contain hard-to-find laboratory space on the inside. In about a dozen top cities where life sciences companies are
Biotech Is Blasting Through Previous Funding Records, Fueling Building Rush
Money continues to flow heavily into the life sciences, and as it flows into private companies developing new medicines and technologies, so does it flow into the balance sheets of the companies that provide them with office and lab space. Venture capital firms invested a record $26B into life sciences companies in the first six
Navigating The New Normal: Life Sciences Real Estate in Europe — A Maturing Asset Class
DEMAND FOR LIFE SCIENCES REAL ESTATE There are many factors driving record levels of investment in the life sciences sector: an aging population, the convergence of scientific breakthroughs across different disciplines, national and regional government support and now, a global pandemic. In addition, the use of artificial intelligence and data is accelerating outcomes in this
SCIENCE IN THE CITY – DIGITAL SUMMIT: PROVIDING LIFE SCIENCE SPACE IN URBAN CENTRES
What You’ll Learn: Key considerations including land availability, financial incentives and potential rental value when developing urban life science real estate. Emerging urban clusters — how city centres are positioning themselves to attract occupiers and talent compared to campus innovation hubs. Meeting demand — creative strategies to reposition low income generating space into lab and
10 Outstanding Women Leaders: Susie Harborth: Lowering Barriers to Female Biotech Leadership
BOSTON–The Executive Vice President of Business Operations at Breakthrough Properties, a Tishman Speyer and Bellco Capital JV, Susie Harborth has been at the forefront of real estate innovation by developing a coworking platform for life science companies over the past decade. As a co-founder and COO of BioLabs, an affiliate innovation platform of coworking lab
Breakthrough Properties Raises $1 Billion for Life Science Real Estate Investments
NEW YORK and LOS ANGELES, Nov. 23, 2020 /PRNewswire/ — Breakthrough Properties (“Breakthrough”), a joint venture formed in 2019 by Tishman Speyer and Bellco Capital (“Bellco”), has completed the initial closings of the Breakthrough Life Science Property Fund (the “Fund”). The venture has, in aggregate, raised over $1 billion in capital for the Fund and in
Breakthrough Properties Executes Full-Building Lease With Leading Gene Editing Company for Next Generation Life Science Development in Boston’s Seaport Neighborhood
Lease for “The 105” executed one year after acquisition of the site, exemplifies Breakthrough’s ability to create dynamic ecosystems for industry-leading biotechnology companies. 263,500-square-foot lease transaction underscores rapid growth of Boston’s life sciences industry, strength of the biotechnology sector, and demand for modern research facilities to support scientific innovation.
Boston Biotech Office, Filled 18 Months Before Completion, Shows Surging Demand
Switzerland-Based Gene Editing Firm Crispr Therapeutics Agrees to Take New Lab Space Near Seaport District Developers of one of the latest life-sciences office buildings to spring up in and around Boston’s Seaport District have landed a tenant 18 months before the project’s expected finish, reflecting demand in the nation’s largest biotech region.
Harvard taps Tishman Speyer to manage first phase of its new 36-acre research campus — and biotechs can’t wait
Tishman Speyer got the nod to lead the development of the first phase of Harvard’s new Enterprise Research Campus in Allston, which will be landing in the middle of one of the busiest biotech hubs in the world — where demand for new space is sky-high. And they’ll be supported by a partner with deep
Harvard Designates Tishman Speyer As Preferred Developer For Initial Phase Of Enterprise Research Campus In Allston
World Renowned Developer Prioritizes Public Realm, Place-Making, Sustainability, Diversity, Affordable Housing in Proposal BOSTON, Dec. 19, 2019 /PRNewswire/ — The Harvard Allston Land Company (HALC) has designated Tishman Speyer as the preferred developer for the initial phase of Harvard University’s Enterprise Research Campus (ERC) in Allston. Led by President and CEO Rob Speyer, Tishman Speyer is
Kite’s Belldegrun Launches Biotech-Focused Real Estate Company, Breakthrough Properties
Arie Belldegrun, founder and former chair, president and chief executive officer ofKite Pharma, has teamed up with real estate developer Tishman Speyer to launch a biotech-focused real estate company, Breakthrough Properties. Kite was acquired by Gilead Sciences in 2017 for $12 billion. Belldegrun’s family company, Bellco Capital, entered the joint venture and has bought its