Total Square Footage 3,660,043
Total Dollar Volume $67,000,000.00


Established 1923
Website Brookfield Properties
Phone Number 212 417 7000

Brookfield Property Partners is a diversified global real estate company that owns, operates and develops one of the largest portfolios of office, retail, multifamily, industrial, hospitality, triple net lease, self-storage, student housing and manufactured housing assets. Its investment objective is to generate attractive long-term returns on equity of 12%−15% based on stable cash flows, asset appreciation and annual distribution growth of 5%−8%.

We seek to accomplish this objective by acquiring high-quality assets in resilient and dynamic markets and pursuing diversification across both geographic areas and real estate sectors, and continually recycling capital from stabilized assets at or near peak values into higher-yielding strategies. BPY’s portfolio features some of the world’s best-known commercial properties. View Brookfield's global real estate capabilities here.

Brookfield Property REIT (NASDAQ: BPR) (“BPR”) is a subsidiary of BPY, intended to offer investors economic equivalence to BPY units but in the form of a U.S. REIT security. Dividends on BPR shares are identical in amount and timing to distributions paid out for BPY units, and BPR shares are exchangeable on a 1:1 basis for BPY units or their cash equivalence.


Union Point
- May 10, 2020

Interior Finishing Nearly Complete for Fairing Way Final Phase at Union Point Interior finishing is wrapping up for the final phase of Fairing Way within Union Point. The building will include a total of 107 units of assisted living, 70% of which are already sold. The first phase of the project features a 104 residential unit senior living community with a clubhouse and a 46 bed, on-site, long term care nursing facility.

51 Sleeper Street
- Jan 24, 2020

Hong Kong Based Investor Buys Seaport District Property The Nan Fung Group has acquired the property at 51 Sleeper Street in Boston's Seaport District for $115 million. The property features an 11 Story, 149,000 square foot mixed-use building that was constructed in 1924. The building is currently home to Hopsters Brewing Company and The Massachusetts Department of Early Education and Care's main office. The building also sits across the street from LL Bean's seaport store, Scorpion Bar, and The Grand.

Union Point
- Jan 21, 2020

Brookfield Properties & New England Development Named New Master Developers for Union Point Brookfield Properties in partnership with New England Development have been named the new master developer for Union Point in Weymouth. The group will be the 4th master developer for the nearly 1500 acre site. The decision comes months after LStar was terminated from the project in February 2019. Long term plans for the site call for nearly 4,000 housing units, up to 6 million square feet of commercial space, plus ample open space.

Natick Mall
- Dec 03, 2019

Natick Mall Refinanced for $505 Million The Natick Mall has been refinanced by Brookfield Properties via Bank of America for $505 million. The Natick Mall (previously named the Natick Collection) is a shopping mall in Natick, Massachusetts. The original facility was the first enclosed shopping mall in Greater Boston upon opening in 1966; it was demolished and replaced by a larger building in 1994 and expanded in 2007. The mall, with the adjacent Shopper's World in Framingham, are major components of the Golden Triangle shopping district in the center of MetroWest, situated between Route 9 and Route 30. With 1,860,000 square feet of gross leasable area, the Natick Mall is the largest in New England by number of tenants, with 214. It is currently owned by Brookfield Properties Retail Group.  

Union Point
- Aug 26, 2019

Eventide Phase II Assisted Living Taking Shape at Union Point Framing is nearly complete for Eventide Phase II at Union Point in Weymouth. The 4-story 162,000 square foot building will include a total of 107 units of assisted living. The first phase of the project, Fairing Way features a 104 residential unit senior living community with a clubhouse and a 46 bed, on-site, long term care nursing facility.  

Nine Zero Hotel
- Jul 03, 2019

Kimpton Nine Zero Refinanced for $67 Million The property at 90 Tremont Street, home to the Kimpton Nine Zero Hotel has been refinanced via Banco Sabadell for $67 million. 19-story, 190-key luxury hotel located in the heart of Downtown Boston opened in June 2002 and is also home to the Highball Lounge nightclub. Amenities include 2,400 square feet of private event and work space, including a business center, and a fitness center.

Union Point
- May 07, 2019

Washington Capital Retains Tocci For Union Point Rendering courtesy of Elkus Manfredi Architects Washington Capital Management, Inc., on behalf of one or more investment management clients, has retained Tocci Building Corporation to provide development support services for Union Point. The property is the 1400 acre redevelopment of the South Weymouth Naval Air Station formerly known as Southfield. Tocci will assist Washington Capital with land use documentation and selection of a new Master Developer. Services include liaison with the Southfield Redevelopment Authority and landowner responsibilities. Tocci was the former Program Manager for Union Point through 2017 and provided a broad range of planning and construction services.      

51 Sleeper Street
- Dec 21, 2018

51 Sleeper Street Trades for $91 Million The property at 51 Sleeper Street has been acquired by Brookfield Properties for $91 Million. The property features an 11 Story, 149,000 square foot mixed-use building that was constructed in 1924. Located in Boston's seaport district, the building is currently home to Hopsters Brewing Company and The Massachusetts Department of Early Education and Care's main office.

Nine Zero Hotel
- Nov 28, 2017

New owner of Downtown Crossing’s Nine Zero Hotel plans interior transformation Brookfield Properties, who acquired Downtown Crossing’s 19-story, 190-key Nine Zero Hotel in September 2017 for over $85 million, and property manager Kimpton Hotels & Restaurants plan a bold, top-to-bottom transformation of the property this Winter. The property’s guest rooms and suites, as well as its’ living room lobby and 2,400 square feet of private event and work space, will be transformed into a new “seductive and design-forward hotel” per an official release. The hotel will remain open throughout construction, which is expected to be complete in late Winter 2018.The revamped Nine Zero Hotel will feature “modern and antique nuances” per the release, which will “mingle with bespoke residential pleasures”. Rooms will feature “plush leather-laden bed frames and iconic Eames chairs”, with accessories including books and dynamic artwork. The hotel’s lobby will feature rich velvets, stone and metallic finishes and old-fashioned accents such as leather-bound books and typewriters. The hotel’s private event and workspace will be redesigned with a flexible layout, and the Highball Lounge nightclub on site will be fully transformed, with details to be announced in the near future.

Nine Zero Hotel
- Sep 07, 2016

Nine Zero Hotel in Downtown Crossing sells for over $85 millionThayer Lodging of Annapolis, MD today acquired the 19-story, 190-key Nine Zero Hotel in Downtown Crossing for over $85 million; the exact sales figure is $85,100,300 as recorded in the Suffolk County Registry of Deeds. The hotel last sold for $69.75 million to previous owner Kimpton Hotel & Restaurant Group in May 2006. Nine Zero Hotel developer Intercontinental Real Estate Corporation, who sold the hotel to Kimpton, acquired the hotel site, located at 90 Tremont Street, for $7.8 million in November 1999; the hotel cost $59 million to build.Wells Fargo Bank provided a $54.65 million mortgage for Thayer Lodging's acquisition of the Nine Zero Hotel today. The recently built 129,200 square foot hotel, which opened in June 2002, features 190 guest rooms and suites and is also home to Highball Lounge. Amenities include a business center and a fitness center. The following is the deed for Thayer Lodging's acquisition of the Nine Zero Hotel:

15 Broad Street
- Apr 05, 2016

15 Broad Street in Financial District sold to Brookfield Property Partners, owner of adjacent 75 State Street, for $33 million15 Broad Street, a 10-story office building in Boston's Financial District, has been sold for $33 million. The buyer is Brookfield Property Partners, who also owns the adjacent office tower at 75 State Street. The following is a link to a profile of 15 Broad Street on Brookfield Property Partners' website.An adjacent pedestrian plaza, Central Court, was also included in the sale. Both 15 Broad Street and Central Court were formerly owned by Broder Properties.The following are the deeds for the sale of 15 Broad Street to Brookfield Property Partners:15 Broad Street building:   Central Court:   

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