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Equity Office Properties Trust · Chicago, IL United States

Company Description

2 N. Riverside Plaza Ste. 2100
Chicago, IL
60606
United States (Map)
Phone: 312-466-3300
Fax: 312-454-0332
Rankings
  • #448 in FORTUNE 500
All else being equal, Equity Office is one of the largest commercial landlords in the US. The company owns more than 60 million sq. ft. of premiere Class A office space in the country's top markets, including Boston, Manhattan, Los Angeles, and Northern California. Former chairman Sam "Grave Dancer" Zell founded Equity Office in 1976. After a fierce bidding war against Vornado Realty, The Blackstone Group acquired Equity Office for some $39 billion in 2007; it was one of the largest private equity transactions ever. Blackstone combined the newly acquired portfolio with its own holdings, which included assets purchased from CarrAmerica and Trizec PropertiesTo read the full description, subscribe now.
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Key Equity Office Properties Trust Financials

Company TypeSubsidiary

Headquarters
Fiscal Year-EndDecember
Employees8

Equity Office Properties Trust Executives

10 executives listed for Equity Office Properties Trust's Chicago, IL location.
TitleName & BioContact
President and CEOChristopher PeatrossNetwork
COOKurt HeisterNetwork
VP and Chief Accounting OfficerBrian CampbellNetwork

Competition

Competitive Landscape for Equity Office Properties Trust
The health of the economy drives demand for REITs as investment vehicles. Profitability depends on the value of the properties in the portfolio, which in turn highly depends on real estate vacancy rates. Large companies have advantages in deal-making, and economies of scale in marketing, computer and infrastructure investment, and operations. Smaller companies can compete by specializing not only in real estate type, but by geography, though geographic focus can increase risks. To read the full description, subscribe now.
Top Equity Office Properties Trust Competitors
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