BPO Brookfield Office Properties

In a strategic move for leasing in downtown Los Angeles, Brookfield Office Properties Inc. (NYSE:BPO)(TSX :BPO) today has awarded Jones Lang LaSalle's Los Angeles team of Carl Muhlstein and Hayley Blockley the exclusive leasing representation of the company’s iconic, 50-story high-rise known as The Gas Company Tower. The prestigious Skidmore, Owings & Merrill-designed, 1.4 million square-foot tower on Bunker Hill is one of the most architecturally distinctive landmarks on the downtown Los Angeles skyline.

“Brookfield has worked with nearly every leasing team in downtown, be it office or retail, and ultimately selected Carl and Hayley for their expertise, follow through and ability to get complex deals done,” states John Barganski, Regional Vice President, Leasing for the Western Region of Brookfield Office Properties.

According to Muhlstein, “Being able to lease space within this vertical campus in downtown Los Angeles is a game-changing opportunity for tenants outside the downtown market. With rents at an all-time high in Silicon Beach and the lack of options for contiguous space available for large space users, The Gas Company Tower offers the highest quality opportunity for office space in downtown right now.” Muhlstein went on to note that, “Since 2010, nearly 475,000 square feet has been leased to tenants relocating to downtown Los Angeles from other markets. It’s a trend we see continuing and will actively cultivate with this incredible opportunity for space now available.”

The Gas Company Tower is one of the four landmark high-rise office towers that Brookfield Office Properties acquired as part of its acquisition of MPG Office Trust in October of 2013, making the company the largest owner of Class A high-rise office space and a major stakeholder in the downtown core. Having gained a reputation for creating some of the most innovative and quality work environments in gateway cities around the world, Brookfield’s other assets in downtown Los Angeles include the 55-story Bank of America Plaza; the 52-story Figueroa at Wilshire tower; the 41-story Ernst & Young Plaza office tower; the 45- and 55-story Wells Fargo Center towers; and 777 Tower. These are in addition to Brookfield’s highly-successful 330,000 square-foot FIGat7th retail and dining destination, which is continuing to announce and open the city’s most sought-after fashion retailers and chef-driven dining options in the region.

PHOTOS AVAILABLE UPON REQUEST: kmacy@macyinc.com

About Brookfield Office PropertiesBrookfield Office Properties owns, develops and manages premier office properties in the United States, Canada, Australia and the United Kingdom. Its portfolio is comprised of interests in 114 properties totaling 85 million square feet in the downtown cores of New York, Washington, D.C., Houston, Los Angeles, Toronto, Calgary, Ottawa, London, Sydney, Melbourne and Perth, making Brookfield the global leader in the ownership and management of office assets. Landmark properties include Brookfield Places in Manhattan, Toronto and Perth, Bank of America Plaza in Los Angeles, Bankers Hall in Calgary and Darling Park in Sydney. The company’s common shares trade on the NYSE and TSX under the symbol BPO. For more information, visit www.brookfieldofficeproperties.com.

Macy + AssociatesKim Macy/John Halloran415-954-8550 x222/x231kmacy@macyinc.com

Brookfield (NYSE:BPO)
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