Private company

EQ Office

Real estate investment trust

EQ Office (formerly Equity Office) was a real estate investment company that invested in office buildings. The company was owned by funds managed by The Blackstone Group. In 2025, it was merged into Perform Properties.2 It was founded by Sam Zell.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1976Founded1

EQ Office (formerly Equity Office) was a real estate investment company that invested in office buildings. The company was owned by funds managed by The Blackstone Group. In 2025, it was merged into Perform Properties.2

The story

Founded by Sam Zell in 1976.1

The company was founded in 1976 by Sam Zell. In 2003, the company gained control of the San Francisco Ferry Building.

In 2005, the company sold 5 buildings in San Francisco for $400 million.

In 2006, the company acquired half-interest in two Miami office buildings for $249.8 million.

In February 2007, after a bidding war with Vornado Realty Trust, funds managed by The Blackstone Group completed the acquisition of the company for $39 billion and sold 8 buildings to affiliates of Harry Macklowe for $7 billion. In April 2007, the company sold its portfolio in Washington, D.C. to Beacon Capital Partners for $6.5 billion.

In September 2013, the company acquired the Hughes Center, an office and retail development in Las Vegas, for $347 million.

In January 2014, the company sold 1-3 Center Plaza in Boston to Shorenstein Properties for $307 million. In April 2014, the company sold 28 State Street for $345 million. In December 2014, the company sold its portfolio in Silicon Valley to Hudson Pacific Properties for $3.5 billion. In 2015, the company acquired the Willis Tower for $1.3 billion.

In June 2018, the company changed its name from Equity Office to EQ Office. In 2019, the company purchased U.S. Bank Center and Docusign Tower in Seattle for $1.2 billion.

In May 2025, the company was merged into Perform Properties.

From Wikipedia’s article on EQ Office, shared under CC BY-SA 4.0.3

Leadership

Who has led EQ Office, and when. Pick a name to see everywhere that person has worked.

Timeline

  1. 1976Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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