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Doctor Who Sold Drug Firm for $12 Billion Eyes Biotech Property

July 16, 2019|

Life Science SFO MFO

Arie Belldegrun’s family office, Bellco Capital, has entered into a joint venture with New York-based real estate developer Tishman Speyer to start Breakthrough Properties, the companies said Tuesday in a statement. The venture said it bought its first property, a 1-acre development site in Boston’s Seaport District, for $80 million, and is exploring other acquisitions in the area as well as in San Francisco.

Read the full story on Bloomberg here.

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