MPG Office Trust, Inc. and Brookfield Office Properties Inc. Announce Satisfaction of the Principal Closing Conditions for Brookfield’s Acquisition of MPG

LOS ANGELES & NEW YORK--(BUSINESS WIRE)--MPG Office Trust, Inc. (NYSE:MPG) and Brookfield Office Properties Inc. (NYSE:BPO) (TSX:BPO) announced today that the principal conditions precedent to Brookfield Office Properties Inc.’s (“BPO”) acquisition of MPG Office Trust, Inc. (“MPG”), including approval of MPG’s common stockholders and the receipt of certain consents from MPG’s lenders, have been satisfied or will be satisfied at the closing. BPO and certain subsidiaries of Brookfield DTLA Holdings LLC, a newly formed fund controlled by BPO (the “DTLA Fund”), also announced today that they are extending their previously announced cash tender offer to purchase all outstanding shares of preferred stock of MPG until 6:00 p.m., New York City time, on Monday, October 14, 2013. Additionally, MPG and BPO also announced today that they expect to close the transaction on October 15, 2013.