NEW YORK CITY-During its first quarter earnings call, officialsfrom Brookfield Office Properties toldshareholders that 1.1 million square feet of new leases were signedportfolio-wide, net operating income showed gains and nearly 900units of apartments could be in the works for Manhattan’s Far WestSide. With that, the company brought on PhilipWharton – formerly of AvalonBayCommunities – as senior vice president of development forUS commercial operations, where he will oversee Brookfield’s10-million-square-foot development pipeline.
Wharton, a 30-year veteran of commercial real estatedevelopment, talked with GlobeSt.com about the company's latestprogress at the 5.4-million-square-foot Manhattan West site, andother core markets across the globe.
GlobeSt.com: Brookfield is known for class A officebuildings. But what’s in the pipeline for the company in terms ofnew multifamily development?
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
