The Canadian asset management giant is planning to list 50 million shares while holding onto a majority stake in the hyperscaler and colocation specialist.
The redevelopment of the South Weymouth Naval Air Station has been stalled for years after a prior developer lost control of the site to its lender.
Hines would exit its role as operating partner of Hudson Square Properties as part of the deal.
The IPO priced at $21 per share, below the $23 to $27 range it was targeting.
Brookfield Asset Management and CPP Investments are paying a 12.3% premium to acquire 108 assets spanning 53M SF and delist the public REIT.
Brookfield continues to invest in emerging markets despite regional turmoil and weaker than anticipated Q3 results.
Brookfield is in talks to acquire Center Parcs U.K. from Blackstone for $3.7B
BOMA 360 performance program's worldwide expansion
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