Brookfield Sells Office Property In Downtown Brooklyn To Boyd Watterson For $306.5M

Downtown Brooklyn's 9 & 11 Metrotech Center has been sold in a recent transaction for $306,500,000. The office property spans 656,339 square feet, resulting in a price per square foot of $466. The sale took place on 03/30/2022.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $306,500,000
• Address: 9 & 11 Metrotech Center, Downtown Brooklyn
• Market: Downtown Brooklyn

Boyd Watterson, represented by Brian Gevry, acquired the property from Brookfield. The selling party was represented by Brian Kingston, Ben Brown, Jake Nathan, and Bobby Swennes. Newmark's Brett Siegel, Evan Layne, and Alex Scheetz acted as the brokers in the transaction.