U.S. Markets closed

Tishman Speyer launches life sciences division, starts with South Boston project

Catherine Carlock
Tishman Speyer launches life sciences division, starts with South Boston project

At a time when vacancy for lab and life sciences properties in Greater Boston is near zero, real-estate development firm Tishman Speyer has partnered with private equity firm Bellco Capital LLC to launch a life sciences real estate division whose first project will be in South Boston. Name Breakthrough Properties, it plans a global expansion.