New York Times
October 30, 2003, Thursday
BROOKFIELD BUYS BUILDING IN WASHINGTON
The Brookfield Properties Corporation, one of Lower Manhattan's largest office landlords, said yesterday that it had agreed to pay $157.5 million for a 12-story office building two blocks away from the White House to enter the Washington market. Brookfield is buying the 383,000-square-foot building from the Union Labor Life Insurance Company, a unit of Ullico, Brookfield's chief executive, Richard B. Clark, said in a conference call with investors and analysts. The building is at 1625 Eye Street.