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Brookfield Office Condo in Downtown Brooklyn Sells in Borough’s Largest Deal This Year

Market Has Record-High Vacancies of 16.6%, CoStar Data Shows

An office condo at 12 MetroTech Center was sold by Brookfield Properties to a joint venture for $128 million. (Cushman & Wakefield)
An office condo at 12 MetroTech Center was sold by Brookfield Properties to a joint venture for $128 million. (Cushman & Wakefield)

In the largest deal the New York borough of Brooklyn has seen this year, a joint venture has bought an office condo in downtown Brooklyn for $128 million with financing from Starwood Property Trust.

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