Brookfield Real Estate Opportunity Fund Recent Transactions

Brookfield Real Estate Opportunity Fund Recent Transactions

Brookfield's Real Estate Opportunity Fund has completed a number of investments in United States and Canada, assembling a diverse portfolio of commercial, industrial, mixed use and multifamily properties, which includes:

Midwest, US
A 5.3 million square foot portfolio comprised of 33 commercial properties located in 10 cities in the Midwest including Chicago, Phoenix, Dallas, Milwaukee and Baton Rouge. The acquisition included a long term lease back with the seller, JPMorgan Chase, for a significant amount of the space. The Fund is repositioning underutilized space and maximizing revenue within this portfolio through lease ups and expense management.
Washington, DC
Two commercial portfolios containing 1.2 million square feet in three downtown properties with development rights and six suburban properties that represent repositioning and redevelopment opportunities.
Indianapolis, IN
Castleton Business Park, a 1.1 million square foot building and business park. The Fund is currently executing a lease-up and redevelopment plan and follow on investments have been made in this market.
Fort Worth, TX
A 644 bed student housing project at Texas Christian University, which is the first in a series of development projects on adjacent campus, luxury student housing properties with a joint venture partner. A second development is underway and a third was just placed under contract.

 

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Last Updated 9/2/2010 4:19:29 PM
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