Breakthrough Properties
Los Angeles, CA 51–200 employees 20 principals
Last updated
About Breakthrough Properties
Breakthrough Properties is a real estate operator headquartered in Los Angeles, CA. Breakthrough Properties operates in Boston, Massachusetts, Boulder, Colorado and Philadelphia-Camden-Wilmington, Pennsylvania-Delaware. Its investment focus is on Life Science.
Breakthrough Properties is a global life science real estate developer, owner, and operator formed in 2019 as a joint venture between Tishman Speyer and Bellco Capital. The firm focuses on research and development facilities for biotechnology and other science-driven companies, with activity across the U.S., U.K., and continental Europe. Its first fund closed at $3 billion in 2022, and by late 2025 the company reported a portfolio of projects spanning nearly 6 million square feet across 8 major biopharma markets. Breakthrough’s real estate strategy includes purpose-built life science developments, value-add conversions, and core/core+ properties. More than 60% of its global portfolio was reported as leased to investment-grade life science tenants, including major pharmaceutical and biotech occupiers. The company’s specialization is life science real estate, including lab, office, and R&D environments. It also operates StudioLabs, offering private lab and office suites ranging from 4,000 to 15,000 rentable square feet.
Principals at Breakthrough Properties
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20 principals on file
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Recent activity at Breakthrough Properties
3 recent signals from the real estate trade press · latest
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Breakthrough Properties's project portfolio
4 projects on file · Life Science / Lab (4)
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Markets and themes
Markets Breakthrough Properties operates in
- Boston, Massachusetts
- Boulder, Colorado
- Philadelphia-Camden-Wilmington, Pennsylvania-Delaware
- San Diego, California
Investment themes at Breakthrough Properties
Capabilities
- Asset Management
- Construction Management
- Mixed Use
- Site Development
- Sustainability
- Technology-forward
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Frequently asked questions about Breakthrough Properties
- What does Breakthrough Properties do?
- Breakthrough Properties is a global life science real estate developer, owner, and operator formed in 2019 as a joint venture between Tishman Speyer and Bellco Capital.
- Where is Breakthrough Properties based?
- Breakthrough Properties is headquartered in Los Angeles, CA.
- What markets does Breakthrough Properties operate in?
- Breakthrough Properties is active in Boston, Massachusetts, Boulder, Colorado, Philadelphia-Camden-Wilmington, Pennsylvania-Delaware, and San Diego, California.
- How many employees does Breakthrough Properties have?
- Breakthrough Properties has 51–200 employees.