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Brookfield Place, 181 Bay St., Ste. 330 Toronto, Ontario M5J 2T3, Canada Tel. 416-369-2300 Fax 416-369-2301 |
Type: Public
On the web:
http://www.brookfieldproperties.com
Employees:
2,308
Employee growth: 7.2%
Brookfield Office Properties is making big ripples in the commercial real estate market. Formerly Brookfield Properties, the company owns stakes in about 100 commercial properties around the world. It primarily invests in properties in large cities including Boston, Houston, Los Angeles, Calgary, Toronto, and Washington, DC. The company's portfolio totals some 78 million sq. ft. and includes most of Manhattan's World Financial Center; Brookfield also has a handful of properties in the development pipeline. Tenants include Merrill Lynch, CIBC, JPMorgan Chase, and Target Corporation. Brookfield Office Properties spun off its residential property division in 2011 to concentrate on expanding its office portfolio.
Key numbers for fiscal year ending December, 2010:
Sales: $1,326.0M
One year growth: (50.4%)
Net income: $1,552.0M
Income growth: 389.6%
Officers:
Co-Chairman: John E. Zuccotti
Chairman: Gordon E. Arnell
President, CEO, and Director: Richard B. (Ric) Clark
Competitors:
Cadillac Fairview
Equity Office
Oxford Properties Group
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