BELLINGS

Breakthrough Properties Acquires, Fully Leases Puget Sound Biomanufacturing Campus

Breakthrough Properties, a joint venture between Tishman Speyer and Bellco Capital, has acquired a recently delivered biomanufacturing facility at 215 Shuksan Way in Everett, Washington, just outside of Seattle. The joint venture acquired the 270,000-square-foot property for $78…

Breakthrough Properties, a joint venture between Tishman Speyer and Bellco Capital, has acquired a recently delivered biomanufacturing facility at 215 Shuksan Way in Everett, Washington, just outside of Seattle. The joint venture acquired the 270,000-square-foot property for $78…

BELLINGS Intelligence Score: 12

Why it matters

This is a routine commercial real estate acquisition and leasing transaction with limited broader market impact or novelty for credit-market professionals.

Sources