These Office Properties Continue To Be Hot Commodities
Because of that and the fact that cash is flowing into this sector due to the pandemic, life sciences campuses are hot commodities these days among real estate investors. A real estate fund managed by Brookfield is selling a best-in-class, 2.3 million-square-foot portfolio of lab office buildings to a fund managed by Blackstone for $3.45 billion. It enabled Brookfield to realize some of the value of its investment in Forest City Realty Trust.