Equity Office Properties Company Description
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 Properties.
View the Comprehensive Company Description for Equity Office Properties
The Company Description provides a historical perspective of Equity Office Properties's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Equity Office Properties's evolution in the marketplace.
