Equity Office Properties is the nation's leading real estate investment trust. It is the nation's largest publicly-held building owner and manager with 597 buildings comprising 109.5 million square feet of office space in 16 states and the District of Columbia.
The company was acquired by the Blackstone Group in February 2007 for approximately $39 billion in one of the biggest deals in history.
Equity Office's origin dates back to 1976 when Sam Zell, chairman, founded an integrated real estate management and acquisition organization. Since its Initial Public Offering (IPO) in July 1997, Equity Office has nearly quadrupled in size through strategic mergers and acquisitions totaling more than $17 billion.
Occupancy at the company's office properties was 90.4% as of Dec. 31, 2005, up from 87.5% in the previous year.
The company offers the following benefits to employees:
Compensation Performance-based compensation, 401(k) Savings Program with a company match, Share option plan with a cashless exercise feature, employee share purchase plan and a long-term incentive program.
Healthcare and Insurance Medical, dental, vision coverage for you and your eligible dependents (including domestic partners), Health and Dependent Care Flexible spending accounts, life insurance, supplemental life insurance and Accidental Death and Dismemberment Insurance, Short Term Disability, and Long Term Disability.
Work/Life Balance Generous holidays and a paid time off bank of 17 days/year in the first year, commuter programs, employee assistance program, direct deposit, flexible work arrangements, Women in Management Network and education assistance.
Benefits designed for family needs Adoption assistance, domestic partner benefits, and flexible work schedules.
Updated May 25, 2007