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Brookfield Office Properties Sells Newport Tower in Jersey City, NJ for Record Price

NEW YORK--(BUSINESS WIRE)--Brookfield Office Properties Inc. (NYSE, TSX: BPO) announced today that it has sold the Newport Tower office building in Jersey City, NJ to Multi-Employer Property Trust (MEPT) for $377.5 million. It is the largest single office asset transaction in the history of New Jersey.