Equity Office
Equity Office Properties Trust, formed in 1976 by Samuel Zell and headquartered in Chicago, Illinois, was the largest owner of office buildings in the United States until the Blackstone Group acquired them in February 2007 for $23 billion plus the assumption of $16 billion in debt. The acquisition was one of the largest leveraged buyouts. The company, now a part of Blackstone Group, operates as Equity Office Management, LLC.
Notable properties at the time of acquisition
- Chase Tower (Indianapolis)
- Chicago Civic Opera House
- Columbia Center
- Frost Bank Tower
- One Worldwide Plaza
- Southeast Financial Center
- Washington Mutual Tower
- San Francisco Ferry Building
External links
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