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60 Guilders’ Kevin Chisholm, Brookfield’s Ric Clark and 12 Metrotech. (Brookfield, Chisholm ph: Larry Ford)
Brookfield Property Partners is selling an office property in Downtown Brooklyn for $130 million one of the borough’s first big office sales since the start of the pandemic.
A partnership between 60 Guilders and the hedge fund Davidson Kempner is in contract to buy an office condominium at the 12 Metrotech building in Brookfield’s office complex, sources told The Real Deal.
The contract price for the 186,000-square-foot office condo values the property at nearly $700 per square foot giving investors an indication of the current value of Brooklyn commercial real estate as the city recovers from the pandemic.