BlackBerry Offloads US Headquarters In Texas To Brookfield

Law360, New York (March 7, 2014, 3:48 PM EST) -- BlackBerry Ltd. has sold a six-building campus in Texas that served as its U.S. headquarters to Toronto-based Brookfield Property Group for an undisclosed amount, it was announced Friday, as the struggling smartphone maker continues to shed assets to right itself amid dismal earnings.

A Brookfield fund picked up BlackBerry's Irving, Texas, campus, known as Riverside Commons, which is a 460,000-square-foot multibuilding office complex that includes six midrise office buildings and two parking garages, according to Hunton & Williams LLP, which served as Brookfield's legal adviser in...
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