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Brookfield Properties CorporationToronto, Canada (NYSE: BPO)

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Brookfield Properties Company Description

Brookfield Properties is no slouch in the commercial property market. It owns more than 100 commercial properties throughout the US and Canada, primarily in the metropolitan areas of Boston, Houston, Los Angeles, New York, Washington, DC, Calgary, and Toronto. Its portfolio totals some 75 million sq. ft. and includes most of Manhattan's World Financial Center. It also has a half dozen properties under development. Tenants include Merrill Lynch, CIBC, J.P. Morgan Chase, and Target Corporation. Once the Canadian Arena Corporation, the company built the Montreal Forum in 1924 and for years earned its revenues from the Montreal Canadiens hockey team. The firm is about 50% owned by Brookfield Asset Management.

View the Comprehensive Company Description for Brookfield Properties

The Company Description provides a historical perspective of Brookfield Properties's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Brookfield Properties's evolution in the marketplace.

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