Breakthrough Properties, a joint venture between global real estate owner, developer and investor Tishman Speyer and biotechnology investment firm Bellco Capital, has commenced construction on the redevelopment of the former Canal Park office building into a four-story lab and office building in East Cambridge, Massachusetts. The property at 1 Canal Park was acquired by Breakthrough in 2021 and is being retrofitted to accommodate more than 105,000 square feet of research and development space.
Life Science Developer Kicks Off Latest Project Along East Cambridge Waterfront
Breakthrough Properties Joint Venture Begins Building Conversion Into Four-Story Lab and Office
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Canal Park
1 Canal Park, Cambridge, MA
- The 105 by Breakthrough
105 First St, Boston, MA
- Building A
11202 El Camino Real, San Diego, CA
- Companies
- Breakthrough Properties LLC
Real Estate