Full-Time
Updated on 8/1/2026
Manages diversified real estate investments globally
No salary listed
Beaverton, OR, USA
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Brookfield Properties develops and manages real estate investments for Brookfield Asset Management, spanning office, retail, logistics, multifamily, hospitality, and development projects worldwide. Its approach combines ownership, operation, and development of high-quality properties to create value for investors. The company operates and evolves assets across the real estate lifecycle—from acquiring and leasing to managing and developing projects—aiming to deliver sustainable, well-maintained properties across multiple sectors. What sets Brookfield Properties apart is its size and integration: it leverages a global portfolio and the financial backing of Brookfield Asset Management to handle large-scale, diverse property types and long-term development plans, with a focus on sustainability. The goal is to provide reliable, well-managed real estate that meets the needs of tenants and investors while contributing to sustainable communities worldwide.
Company Size
5,001-10,000
Company Stage
Debt Financing
Total Funding
$28.5M
Headquarters
New York City, New York
Founded
1923
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Former South Weymouth Naval Air Station redevelopment moves forward with $65 million land sale. MWRA Updates Posted on July 07, 2026 The long-awaited redevelopment of the former South Weymouth Naval Air Station has taken a major step forward this week, with Washington Capital Management selling its land at the Base to a joint venture of Brookfield Properties and New England Development. The $65 million sale was filed Wednesday in Norfolk and Plymouth counties, marking a significant milestone for one of the largest redevelopment opportunities in Massachusetts. Previous attempts to develop the former military installation ran into financial challenges and failed to deliver on the full promise of the site. The former South Weymouth Naval Air Station has played a prominent role in the region's history for more than 80 years. Commissioned during World War II, the site was originally built to support Navy blimp operations used in coastal anti-submarine patrols. In the decades that followed, the site became an important Naval Air Reserve facility, supporting Navy and Marine Corps training before its closure in 1997. Since then, local, state and private-sector leaders have worked for decades to return the property to productive use. New England Development and Brookfield Properties are now proposing a mixed-use redevelopment that would include 6,500 housing units, along with about two million square feet of commercial and retail space. The project spans more than 1,400 acres in Weymouth, Rockland and Abington, and is expected to become the largest residential and commercial development project in Massachusetts. The Base redevelopment proposal earlier won a unanimous vote of support of the Weymouth City Council, and overwhelming support at Rockland and Abington Annual Town Meetings, in addition to strong state support, particularly from House Speaker Ron Mariano (who has championed the site for 30 years), and Governor Healey and Lt. Governor Driscoll. The redevelopment effort has been strengthened by the continued partnership and commitment of municipal leaders in Weymouth, Rockland, and Abington, most notably Weymouth Mayor Michael Molisse and his team. "This is a good day for Weymouth and the entire Commonwealth. It shows the kind of results that true partnership between private investment and government at the local and state level can achieve for our citizens.", said Mayor Michael Molisse. As the Commonwealth continues to navigate a housing crisis that has forced many residents to consider leaving Massachusetts, the redevelopment of the former South Weymouth Naval Air Station into 6,500 new homes represents the kind of development that the Commonwealth needs more of if we are going to build enough housing to stabilize costs for our residents. That's why I'm encouraged by the acquisition of additional base land by Brookfield Properties and New England Development, respected developers who have demonstrated a strong commitment to seeing this critical project all the way through to completion," said House Speaker Ronald J. Mariano (D-Quincy). "I look forward to continued progress towards realizing the significant residential and commercial potential of the old Naval Air Base, and I'm grateful to everyone who has remained steadfast in their commitment to this key project." "Lowering housing costs is my top priority, and projects like this are how we get there," said Governor Maura Healey. "This redevelopment will create thousands of new homes, support good-paying jobs and transform a long-underutilized site into an engine of opportunity for the South Shore. My administration is committed to working with local leaders and our partners to move this project forward and make it easier to build the housing Massachusetts needs." "This is exciting progress for the South Shore and another important step toward creating more homes for Massachusetts families," said Lieutenant Governor Kim Driscoll. "Strong partnerships are helping turn a long-vacant property into new housing, economic opportunity and lasting investment that will benefit this region for generations to come." New England Development is one of the region's top real estate and development firms, specializing in mixed-use communities, premium retail centers and high-tech lab spaces in creative, entrepreneurial approaches. Brookfield Properties is one of the world's largest real estate owners and developers - managing more than 400 million square feet of commercial space and hundreds of properties globally. "We are excited to be moving forward with the Base - a project that will have significant benefits to the towns of Weymouth, Rockland and Abington, as well as the region, and will create job and housing opportunities so urgently needed in the Commonwealth" said John Twohig of New England Development. "The Base redevelopment will be the largest residential and commercial project in Massachusetts." As part of the project, Weymouth, Southfield Redevelopment Authority (the governing municipality for the Base) and the Master Developer have secured more than $35 million in state and local infrastructure funding for water, wastewater, and road improvements. A major effort is underway to connect Weymouth to the Massachusetts Water Resources Authority (MWRA) water supply through a 6.7-mile pipeline. The Final Environmental Impact Report for the pipeline is expected by the end of 2026, with completion of the pipeline projected for 2031. In the long term, the pipeline is expected to have the capacity to provide water on a regional basis to South Shore communities. The taxpayer benefits of the redevelopment are expected to be significant for Weymouth, Rockland, and Abington. Projected net new annual tax revenue for the three communities totals nearly $24 million - approximately $14 million for Weymouth and $5 million each for Rockland and Abington. The project also includes the preservation of more than 880 acres of open and restricted space, nearly two-thirds of the Base. That land is expected to provide wildlife habitat, recreational opportunities and public amenities while preserving a substantial portion of the former military site as open space. Infrastructure work is expected to begin in fall 2026. About New England Development For over 50 years, New England Development has taken a creative, entrepreneurial approach to real estate development and management, delivering, and sustaining successful projects across a wide range of property types. The company's national portfolio includes mixed-use developments that combine retail, residential, office, lab and hotel use, outlet centers, high-end and street-front retail, airport retail, hotels, golf courses, restaurants, and marinas. New England Development's diverse portfolio includes CambridgeSide in Cambridge, MA, Allston Yards in Allston, MA, Chestnut Hill Square in Chestnut Hill, MA, Outlets of Des Moines in Altoona, IA, Clarksburg Premium Outlets in Clarksburg, MD, The Pinehills, Plymouth, MA, Newburyport Development and White Elephant Resorts, among others. For more information, visit NEDevelopment.com. About Brookfield Properties Brookfield Properties is a leading global developer and operator of high-quality real estate assets. Brookfield is active in nearly all real estate sectors, including office, retail, multifamily, hospitality and logistics, operating more than 1,100 properties and over 390 million square feet of real estate in gateway markets on behalf of Brookfield Asset Management, one of the largest asset managers in the world. With a focus on sustainability, a commitment to excellence, and the drive for relentless innovation in the planning, development and management of buildings and their surroundings, Brookfield Properties is reimagining real estate from the ground up. For more information, visit brookfieldproperties.com.
Brookfield Properties investing $12.7M into North Jacksonville warehouse development. By Karen Brune Mathis May 19, 2026 The city issued a permit May 19 for the almost 200,000-square-foot project called Alta Lakes II Commerce Center. Brookfield Properties is adding a nearly 200,000-square-foot speculative warehouse in North Jacksonville at a project cost of almost $12.7 million. The city issued a permit May 19 for the shell warehouse on 11.9 acres at 11096 Cabot Commerce Center Circle, north of Cabot Commerce Circle and west of Blasius Road. The property is east of Interstate 295. ARCO Design/Build of Jacksonville is the contractor for the 199,260-square-foot building called Alta Lakes II Commerce Center. The business park is at southwest Faye and Blasius roads, east of Interstate 295. Ware Malcomb, a commercial real estate design firm based in Irvine, California, is the agent. Colliers Executive Vice President Guy Preston and Senior Associated Seda Preston are on the marketing and leasing team for the project. The project has been in process for almost two years. City utility JEA issued a service availability determination letter July 18, 2024, for development of the proposed warehouse, called Cabot Commerce Center. On Nov. 1, 2024, the city issued a mobility fee calculation certificate for the project, called Brookfield Commerce, described as 199,260 square feet on 15.4 acres. It calculated a mobility fee of $87,189 to mitigate the development impact. The St. Johns River Water Management District issued a permit Dec. 27, 2024, to G&I IX Alta Lakes Land LLC of Atlanta for the construction and operation of a stormwater management system for an 11.68-acre project called Alta Lakes II Commerce Center. That master site plan showed a 199,260-square-foot warehouse. G&I IX Alta Lakes Land LLC is led by Brookfield Properties, which is based in New York with offices in Atlanta. England, Thims & Miller Inc. of Jacksonville is the civil engineer. Peacock Consulting Group LLC of Jacksonville is the environmental consultant. The project acreage is that remaining from a sale in summer 2024. Through FIVF-III-FL5 LP, industrial real estate asset manager Faropoint of New Jersey bought five industrial properties Aug. 15, 2024, in a deal totaling $63 million from Brookfield Properties. The properties comprised four completed buildings built in 2008 and one storage lot in Alta Lakes Commerce Center. Brookfield retained the property where the new warehouse is planned. Related experts. Executive Vice President Jacksonville Senior Associate Jacksonville
The Galleria Mall strengthens its family-focused retail experience with the launch of Funky Monkeys Play Center -India's premier indoor Play Center & birthday party venue for kids. Bengaluru: The Galleria Mall, Yelahanka's premium lifestyle destination, has announced the launch of Funky Monkeys Play Center, one of India's leading and pioneering in indoor play center brands for kids. With 17 centers already operational across the country, this launch marks the opening of its 18th center nationwide and 4th in Bengaluru. The addition reinforces The Galleria Mall's commitment to curating engaging spaces that cater to diverse customer needs, especially for families and children. Located on the first floor of the mall, the 3,000 sq. ft. center is designed exclusively for children aged 1 to 12 years, promoting hands-on discovery and learning through spontaneous play, while incorporating elements of fun and entertainment. Open seven days a week, it features two dedicated play zones equipped with unique, colourful, soft play structures that meet the highest international safety standards and certifications. Beyond the play areas, the center also has a full-service café and a dedicated birthday party area overlooking the play zones, making it an ideal venue for hosting birthday parties, play dates and school group mornings. Commenting on the launch, Nitin Bir, Vice President - Retail Leasing, Brookfield Properties, said: "At Brookfield Properties, we are reimagining retail as a catalyst for connection and community. By blending entertainment, education, and lifestyle, we are creating destinations that draw people in and keep them coming back. The Galleria Mall just got a boost with Funky Monkeys - a dynamic play space where families can bond and make memories. Come experience the new face of retail with us - where every visit feels like an event!" "Bangalore has long been an important market for us, given its vibrant community of young families and evolving lifestyle aspirations. This is our 4th center in Bangalore and we are delighted to bring the Funky Monkeys signature play experience to Galleria Mall - creating a unique, safe and engaging play area where children can explore freely, build memories, and enjoy the simple joys of childhood," said Binita Bodani Putcha, Founder & Managing Director, Funky Monkeys Play Centers. With this addition, The Galleria Mall continues to evolve as a dynamic destination that blends retail, dining, and experiential formats, ensuring a well-rounded, enriching experience for families and the larger community. The Galleria Mall is a mixed-use retail destination by Brookfield Properties forming part of an integrated ecosystem alongside office and commercial developments. Spread across LG, UG and three levels, the mall is positioned as a lifestyle-led destination that blends retail, dining, culture, and community experiences and houses brands across categories ranging from fashion as Lifestyle, Max, Biba, Lavie, Allen Solly, Levis, AND, Pepe Jeans, and Global Desi among others and F&B such as Nasi and Mee, Copper Chimney, and Jollygunj among others.
Mixed-Use momentum: emerging market opportunities & strategic development. March 25, 2026 Majid Radaei, RadCRE The ascendance of mixed-use in emerging markets. The global real estate landscape is increasingly focused on mixed-use developments, particularly within emerging markets. These integrated projects, combining residential, commercial, office, and hospitality components, are proving resilient and attractive to both developers and investors. The driving forces behind this trend include rapid urbanization, a burgeoning middle class, and a growing preference for convenient, amenity-rich environments that minimize commuting. Recent data from leading research firms underscores this shift. A report by JLL indicated that investment in mixed-use developments across Asia-Pacific's emerging markets surged by 15% year-over-year in 2024, reflecting strong developer confidence. Similarly, Latin American markets, such as Mexico City and São Paulo, are seeing a substantial pipeline of mixed-use projects, often anchored by technology and healthcare sectors. Key drivers and successful case studies. Several factors contribute to the appeal of mixed-use ventures in these regions. Firstly, land scarcity in urban centers prompts more efficient utilization of space. Secondly, the '15-minute city' concept resonates strongly with younger demographics and multinational corporations seeking vibrant, self-contained ecosystems for their employees. Finally, these developments often serve as catalysts for broader urban regeneration, attracting further investment and improving infrastructure. One notable example is Brookfield Properties' significant investment in developing 'Platina Park' in Gurugram, India. This large-scale project, envisioned as a comprehensive business and lifestyle destination, aims to integrate prime office spaces with retail, dining, and potentially residential components. Brookfield's strategy to expand its mixed-use footprint in India, with plans for additional future developments, suggests a long-term conviction in the market's growth trajectory. Another compelling case is the ongoing development of the 'City of Dreams Mediterranean' in Limassol, Cyprus, which includes Europe's largest integrated casino resort alongside luxury hotels, MICE facilities, retail, and F&B. While technically within the EU, its position at the crossroads of Europe, Asia, and Africa gives it characteristics of an emerging market hub, attracting significant international capital and tourism. Investment opportunities and challenges. Despite the robust opportunities, investors in emerging market mixed-use projects face unique challenges. These include navigating complex local regulations, managing political and economic volatility, and ensuring adequate infrastructure development. However, the potential for higher yields often outweighs these risks for well-informed and strategically positioned capital. Cap rates for prime mixed-use assets in cities like Bengaluru, India, have been observed in the 6.5% to 7.5% range, while similar quality assets in Mexico City might command cap rates between 7.0% and 8.0%, reflecting a premium for the added risk and growth potential compared to mature Western markets where similar assets might yield 4.0% to 5.5%. Majid Radaei, Founder of RAD Commercial Realty, notes: "We are seeing a clear migration of capital towards mixed-use in emerging markets. Investors are looking beyond traditional core assets and seeking diversification and higher growth potential. However, the key to success lies in meticulous underwriting and understanding the specific local dynamics - from zoning and permitting to consumer behavior and infrastructure. RadCRE.ai's platform is particularly valuable here, allowing us to stress-test these complex, multi-revenue stream projects against various economic scenarios, providing our clients with an institutional-grade assessment of risk and return, especially when structuring the capital stack using a mix of local and international debt and equity sources." RadCRE's role in emerging market mixed-use. At RadCRE, RadCRE specialize in guiding clients through the intricacies of commercial real estate investment opportunities, including complex mixed-use developments in emerging markets. Its expertise spans deal sourcing, robust financial underwriting, and strategic capital structuring. Leveraging RadCRE.ai, its proprietary institutional-grade underwriting platform, RadCRE provide unparalleled clarity and analysis, enabling its clients to confidently evaluate and execute on these high-growth potential investments. Whether it's securing advantageous financing or structuring bespoke equity partnerships, its team delivers comprehensive advisory services tailored to the unique demands of each project. Sources: JLL Research, CoStar, Commercial Observer, GlobeSt, Brookfield Properties, City of Dreams Mediterranean official reports Evaluate your CRE deal with AI. Get instant property valuations, sell-vs-refinance analysis, and market comps powered by its AI Deal Evaluation Platform - free for all asset classes.
Venture pays $530M for fifth busiest open air retail center in US. News March 13, 2026 at 07:59 AM A venture led by Redwood West and Panattoni has acquired Victoria Gardens, a 1.2 million-square-foot lifestyle center in the Inland Empire, from Brookfield Properties for $530 million. The venture partnered with Prime Finance and Prism Places on the major transaction in Southern California's Inland Empire region. An Ares Real Estate fund provided debt financing for the deal. Located in Rancho Cucamonga, California, the site welcomes 14.7 million visitors annually, ranking it as the fifth-busiest open-air lifestyle center in the U.S. At 98 percent leased, Victoria Gardens is home to 160 specialty retailers and restaurants, including Apple, Lululemon, Chanel, Sephora, Nike, Sweetgreen, Macy's and Fleming's Steakhouse. The new ownership plans to invest more than $50 million in the property. "We are excited about the once-in-a-generation opportunity to acquire the preeminent outdoor retail center of the Inland Empire," Colby Cyburt, managing partner of Redwood West, told GlobeSt.com. "This iconic property stands out as a high-performing asset with exceptional foot traffic, a diverse mix of premium tenants, and strong community ties in a rapidly growing market. We plan to enhance the property through significant capital improvements to the main town square, common areas, landscaping, and signage, ensuring it remains a vibrant destination for shoppers and locals alike." Victoria Gardens generates more than $1,100 per square foot in retail sales and serves as a central gathering place for the community. The center features the Victoria Gardens Cultural Center that encompasses a public library where the Randall Lewis Second Story and Beyond(R) immersive discovery space is located, as well as a performance venue. Its location is within a 25-minute drive of 2.2 million residents. Rancho Cucamonga has an average household income of $138,000, ranking 22 percent above the national average. Additionally, household income growth in the area is projected to be nine percent over the next five years. Still, residents have a relatively moderate cost of living compared to nearby coastal cities, resulting in disposable incomes 10% higher than the Los Angeles County average, according to market researchers. NOT FOR REPRINT