Intel·Signal: Bullish (moderate/10)

Brookfield Completes $1.2 Billion Office Portfolio Acquisition

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1 tier-1 · 2 tier-2 · 1 tier-3

Apr 1

Brookfield Completes $1.2 Billion Office Portfolio Acquisition

Brookfield Asset Management completed the acquisition of a 5-building office portfolio in Chicago for $1.2 billion, expanding its presence in the Midwest office market.

Key Takeaways

1Brookfield acquired an office portfolio for $1.2 billion.
2Family offices are buying office properties at steep discounts.
3Brookfield acquired a 1.5 million sq ft office portfolio in Chicago.
4The transaction is valued at $800 million.
5Brookfield acquired a 1.5M SF office portfolio in Chicago for $800M.
6Prologis acquired a 2M SF industrial portfolio in Southern California for $500M.

Executive Perspectives

“When you pair up buyers and sellers in certain markets, I think that there are some great opportunities, especially the capital markets right now.”

Ruby Huang·Brookfield Asset Management·bullish

“Operational improvements within portfolio companies will be the defining factor in private equity winners and losers.”

David Nowak·Brookfield Asset Management·bullish

CRE Taxonomy

Macro Themeoffice

ThemeStrategic Expansion

Property Typesofficeindustrial

MarketsChicagoSouthern California

Entity Map

Investors