Brookfield Asset Management to Spin Off $70B CRE Company

Brookfield Asset Management Inc., already one of the world’s largest holders of commercial real estate assets under management, is making a major play to capitalize on recovering property markets and become an even bigger global player. The Toronto-based firm, which already mana
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GE Asset Mgmt. Sells Stake in 2 VA Offices for $105M

GE Asset Management sold its 75 percent interest in Metro Place III and IV, a 325,328-square-foot office portfolio in Merrifield, VA, for an implied value of $ 105 million or $ 323 per square foot. First Potomac Realty Trust (NYSE: FPO) purchased a 51 percent interest in the property
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CBRE Sells 150,000-SF Trophy Retail Asset for $128 Million

CB Richard Ellis negotiates the sale of a prime retail building in Boston’s Downtown Crossing. National Real Estate Investor
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LoopNet Adds REOs, Opens Window into Distressed Asset Sales

LoopNet adds functionality to its property comps database. National Real Estate Investor
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