Bingham Guides UBS' $610M Office Buy From Brookfield

Law360, New York (December 22, 2011, 3:15 PM EST) -- Commercial real estate giant Brookfield Office Properties Inc. has capped a recent sales streak with the $610 million sale of a high-rise office building in Boston’s financial district to UBS AG’s real estate arm, Brookfield announced late Wednesday.

UBS Realty Investors acquired 53 State St., a 40-story office tower that rises from the historic Boston Stock Exchange building and boasts tenants such as Fidelity Investments, investment firm The Blackstone Group LP and Goodwin Procter LLP.

The $610 million deal complements Brookfield’s recent big-ticket sales of a...
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