| Brookfield Properties Corporation (Brookfield Properties) is a commercial real estate company. The Company operates in two principal business segments: the ownership, development and management of commercial office properties in select cities in North America, and the development of residential land. As of December 31, 2007, the Company's commercial property portfolio consisted of interests in 109 properties totaling 73 million square feet, including 10 million square feet of parking. As of December 31, 2007, its development/redevelopment portfolio comprised interests in 16 sites totaling 18 million square feet. The Company's primary markets are the financial, energy and government center cities of New York, Boston, Washington, D.C., Houston, Los Angeles, Toronto, Calgary and Ottawa. |
