Brookfield To Buy Denver's 2nd-Tallest Building For $200M

Law360, New York (October 26, 2011, 4:56 PM EDT) -- Brookfield Asset Management Inc. reportedly has agreed to buy Denver's second-tallest building from Public Services Enterprises Group Inc. for $200 million.

The asset manager is expected to pay $166 per square foot in cash for the 1.3 million-square-foot office building in downtown Denver, according to a report Wednesday in Real Estate Alert. The Denver Business Journal reported that the office building was under contract with Brookfield, citing sources familiar with the deal but not offering further details.

 

Separately, telecommunications giant CenturyLink Inc., which purchased Qwest Communications...
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