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Brookfield becomes dominant landlord in L.A. financial district
Brookfield becomes dominant landlord in L.A. financial district

With its acquisition of some of the tallest skyscrapers in downtown Los Angeles finally complete, New York-based Brookfield Office Properties Inc. is now the dominant office landlord in the city's financial district. Brookfield completed its purchase of longtime L.A. office tower owner MPG Office Trust Inc. on Tuesday. The new owner controls seven high-profile skyscrapers in the financial district, which has suffered for years from too much office vacancy even as downtown's overall reputation has improved. In his first public statement about the deal since it was announced in April, Brookfield's top Los Angeles executive vowed to upgrade the former MPG buildings and...

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