Trizec deal shows investor confidence

June 06, 2006 12:00AM

Brookfield Properties and the Blackstone Group’s purchase of Trizec earlier this month shows that investors still think commercial real estate is a bargain, according to some market observers. Trizec, in particular, had concentrated its commercial properties heavily in Washington, Southern California, and New York — all of which have hot office markets. more [BusinessWeek]

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