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Brookfield Adds Four Malls to Retail Portfolio Amid Broader Use Strategy

Toronto Commercial Real Estate Giant Sells Another Property as Part of Deal
The Shops at Merrick Park in Coral Gables, Florida, is among four shopping centers that Brookfield Property Partners recently bought. (CoStar)
The Shops at Merrick Park in Coral Gables, Florida, is among four shopping centers that Brookfield Property Partners recently bought. (CoStar)
By Jennifer Waters
CoStar News
November 13, 2019 | 9:52 P.M.

Brookfield Property Partners, one of the world's largest mall owners, is further expanding its portfolio by picking up JPMorgan Chase’s stake in four mutually owned shopping centers in a private transaction that included a partial sale to the bank.

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News | Brookfield Adds Four Malls to Retail Portfolio Amid Broader Use Strategy