VANCOUVER, BC -- Western Forest Products Inc., the latest coastal woodland operator and lumber producer in British Columbia, has sold its interest in the joint venture with Brookfield Properties Ltd., a wholly-owned subsidiary of Brookfield Office Properties.
WFP received nearly $2.4 million in the sale of the venture which involves undeveloped property acquired in 2009 and managed by Brookfield.
Operating from its headquarters in New York, Brookfield is one of North America's largest real estate development corporations.
Read Western Forest Products' press release.
Posted by Rich Christianson
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