Equity Office assets on sale.(Briefs)(acquisitions of Blackstone Group L.P. and Equity Office Properties Trust)(Brief article)

Crain's Chicago Business, February, 2007

New York's Blackstone Group, which recently closed on the $39-billion acquisition of Equity Office Properties Trust, hired real estate firm Holliday Fenoglio Fowler to sell off local assets of Equity Office, a 23-building portfolio that could be worth more than $2 billion. The real estate investment trust's holdings include such prime properties as the 10 and 30 S.

Wacker complex and 161 N. Clark in the city, and Oakbrook Terrace Tower and Westbrook Corporate Center in the suburbs. Equity Office, one of the largest office building owners in the nation, has an interest in nearly 9.8 million square feet in Chicago, a fraction of its holdings nationwide. Representatives of Equity Office and Holliday Fenoglio, whose parent company is based in Pittsburgh, declined to comment.