Brookfield will own a 51 percent stake in 1801 California St., a 54-story 1.4 million-square-foot (130,000-square-meter) skyscraper, and manage the property on behalf of the investment group, the New York-based company said today in a statement distributed by Marketwire. The seller is PSEG Energy Holdings, Brookfield said.

“The Denver market has demonstrated strong fundamentals with positive absorption and job growth over the past 18 months,” Dennis Friedrich, Brookfield’s president and chief investment officer, said in the statement. The tower “fits our strategy of owning premier assets in the best-located areas within our operating markets.”

The company said it plans to make improvements to the building, formerly known as Qwest Tower. Leases on 80 percent its space expire by July. Tenants include CenturyLink Inc., Patton Boggs LLP and MWH Americas Inc., Brookfield said.

To contact the reporter on this story: David M. Levitt in New York at dlevitt@bloomberg.net

To contact the editor responsible for this story: Kara Wetzel at kwetzel@bloomberg.net

http://www.bloomberg.com/news/2011-12-09/brookfield-office-acquires-share-of-denver-skyscraper-in-215-million-deal.html

• Săn nhà phố mặt tiền cho thuê tại Sài Gòn   (2016-04-25 13:23:45)
• Đề xuất Tp.HCM có đặc khu kinh tế, được thuê đất 99 năm   (2015-12-11 02:39:26)
• Australand Rises as It Agrees to Open Books to Bidder Stockland   (2014-05-30 09:34:36)
• Toll Brothers Earnings Climb After Builder Raises Prices   (2014-05-29 09:40:34)
• Genworth Says Profit to Jump 29% at Australia Unit   (2014-04-08 08:54:25)
• Billionaire Sy to Accelerate Mall Expansion in China   (2014-04-04 09:48:30)
• Gains in Services Signal Rebound Ahead for Growth: Economy   (2014-04-04 09:48:01)
• ‘Cement Shen’ Detained Spurs Scavenging as China Developer Fails   (2014-03-31 10:49:37)
• China’s Urbanization Loses Momentum as Growth Slows   (2014-03-25 13:19:37)
• Dying Memphis Neighborhood Foretells Next U.S. Crisis: Mortgages   (2014-03-22 09:30:27)