Founder Sam Zell | Founded 1976 | |
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Headquarters Chicago, Illinois, United States CEO Marcum David Eli Khouri (Sep 2015–) Parent organization Blackstone Real Estate Advisors LP | ||
Equity Office Properties Trust, formed in 1976 by Samuel Zell [1] 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
References
Equity Office Wikipedia(Text) CC BY-SA