Brookfield Properties Goes Nuclear For 40-Building D.C.-Area Office Portfolio

12/4/2024

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Bisnow

• Subcategory: Office: CBD, Office: Urban

• Tag: Property Management | Strategy

• Additional Filters-Subcategory: Industrial: Nuclear, Office: Highrise

• Company: Brookfield Asset Management

Brookfield Properties’ 8M SF office portfolio across D.C., Maryland and Virginia is now being operated by nuclear power.

The firm has transitioned 100% of the electricity usage for the roughly 40 office buildings it manages in the region to nuclear power, it told Bisnow Wednesday.

Brookfield says it is the first commercial real estate company to buy nuclear electricity directly, allowing it to control where the power for the entire portfolio comes from.