September 14, 2001 NEW YORK – Brookfield Properties Corp. (NYSE:BPO) said it has received confirmation from structural engineers that One Liberty Plaza, its 2.2 million-square-foot office building across the street from the World Trade Center, has not been structurally damaged.Brookfield ...
September 14, 2001Commercial Real Estate Direct Staff ReportThe Commercial Mortgage Securities Association, whose offices were housed at 30 Broad St. – a block from the World Trade Center – said its offices were evacuated safely. The group, which represents the ...
AEW venture purchased a portfolio of four office/industrial properties in the Virginia and Maryland. The nearly 1 million-sf portfolio is 92 percent leased.
Despite countless reports that One Liberty Plaza is on the verge of collapse, Brookfield Properties insists that its buildings have suffered no structural damage. One Liberty was financed via the CMBS market earlier this year.
Manhattan faces serious office concerns after more than 15 million square feet of space was obliterated. While some support rebuilding at the World Trade Center site, others question whether that's practical.
September 13, 2001 NEW YORK – Brookfield Properties Corp. (NYSE:BPO), which owns buildings near the World Trade Center, said that it has "adequate insurance" to cover any possible damage to its properties. The company said none of its buildings suffered ...
September 13, 2001 PETALUMA, Calif. – Salomon Smith Barney provided $60 million in permanent financing for the Redwood Business Park, owned by Basin Street Properties.Terms of the transaction were not disclosed.The Redwood Business Park is a 101-acre center in northeast ...
September 12, 2001Brookfield Properties Corp. (NYSE:BPO) – which owns One Liberty Plaza, One and Two World Financial Center as well as 50 percent of Four WFC, all of which are in downtown Manhattan – said that so far its buildings ...
Reports have the destruction of the World Trade Center yesterday costing up to $15 billion. Among the insurers with the most exposure to the property are Swiss Re and Munich Reinsurance.
The REIT's investment tops off a major refinancing of the 1.1 million-sf office building in Manhattan's Grand Central District. The word is that Deutsche Bank is providing about $185 million of senior financing for the property.
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