Rendering of Breakthrough's life sciences property at 105 W. First St., Boston, MA
NEW YORK CITY—Tishman Speyer, the New York-based developer and operator of commercial real estate properties, has teamed up with Bellco Capital, an investment company founded by Drs. Arie and Rebecka Belldegrun, to form Breakthrough Properties. The new company will develop and operate life sciences properties in technology centers around the world. The properties will support research in biotechnology developing medical treatments, agriculture and nutrition.
Bloomberg reported that Arie Belldegrun, a cancer doctor, sold his pharmaceutical company for $12 billion. The Belldegrun's family office, Bellco Capital, a private equity firm based in Los Angeles, is managed by Arie's wife, Rebecka.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
