TA Realty sells real estate assets to Brookfield for $854.5 mln
TA Realty LLC, a U.S. private real estate investment firm, has sold a portfolio of industrial and office assets to funds managed by Brookfield Asset Management. The portfolio, consisting of 45 assets totaling 8.6 million square feet, was sold for US$854.5 million. TA Realty said the properties are located in 12 states and include locations in major U.S. cities. Toronto-based Brookfield sponsors private funds that invest in office, retail, multifamily, industrial, hospitality and alternative real estate sectors.
5 April 2017•3 mins read
