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$100 Billion Data Center Campus Announced for Kentucky

$100 Billion Data Center Campus Announced for Kentucky

by Phil Hall | Jul 29, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Brookfield Asset Management (NYSE: BAM) is leading a coalition of energy, infrastructure and utility companies in announcing plans to develop a data center campus at the US Department of Energy’s (DOE) Paducah Site in Western Kentucky. The $100 billion privately...
LXP Industrial Trust Agrees to $5.2 Billion Acquisition

LXP Industrial Trust Agrees to $5.2 Billion Acquisition

by Phil Hall | Jul 20, 2026 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Brookfield Asset Management (NYSE: BAM, TSX: BAM) has partnered with the Canada Pension Plan Investment Board to acquire LXP Industrial Trust (NYSE: LXP), a real estate investment trust focused on Class A warehouse and distribution investments in 12 markets across the...

Brookfield Asset Management Completes $1.2 Billion Acquisition of Peakstone Realty Trust

by Phil Hall | May 7, 2026 | Commercial Real Estate News, News/Current Events, Real Estate Investing, WRE News Exclusive

Brookfield Asset Management (NYSE: BAM, TSX: BAM) announced the completion of its $1.2 billion all-cash acquisition of Peakstone Realty Trust (NYSE: PKST). El Segundo, California-based Peakstone offers a portfolio of more than 70 industrial assets, including...
Brookfield Pays $1.6 Billion for Two Japanese Properties

Brookfield Pays $1.6 Billion for Two Japanese Properties

by Phil Hall | Jan 27, 2025 | Commercial Real Estate News, International Real Estate News, Real Estate News, WRE News Exclusive

The Canadian investment firm Brookfield Asset Management announced plans to expand its presence in Japan with the combined $1.6 billion purchase of a stake in a Tokyo mixed-use complex and a large open land plot for logistics development. The Japan Times reports the...
San Francisco’s Biggest Mall Going to Foreclosure Auction

San Francisco’s Biggest Mall Going to Foreclosure Auction

by Phil Hall | Oct 25, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The largest mall in San Francisco’s downtown is heading to a public foreclosure auction on Nov. 14. The San Francisco Business Times reported First American Title Insurance Co. alerted mall operator Unibail-Rodamco-Westfield (URW) and Brookfield Asset Management that...
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