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Article: Brookfield Properties and bcIMC Launch Bankers Court Development in Calgary Building Substantially Pre-Leased to Fraser Milner Casgrain and Compton Petroleum
- Article from:
- CCNMatthews Newswire
- Article date:
- July 27, 2006
CopyrightCopyright 2006 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
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TORONTO, ONTARIO--(CCNMatthews - July 27, 2006) - Brookfield
Properties Corporation (TSX:BPO)(NYSE:BPO), its Canadian-based
subsidiary, BPO Properties Ltd. (TSX:BPP) and British Columbia
Investment Management Corporation (bcIMC) today announced that
construction is commencing on the Bankers Court development project
with 87 percent pre-leasing commitments in place.
Bankers Court will be jointly developed by Brookfield and GWL
Realty Advisors acting on behalf of bcIMC. The project is a 265,000
square foot, 15-storey building adjacent to the 2.7 million square
foot Bankers Hall complex in the heart of downtown Calgary.
Brookfield Properties and bcIMC each own 50 percent of Bankers Hall
and ...