187:. In 1984, Trizec acquired a controlling interest in Toronto-based property developer Bramalea Ltd. After adding $ 5 billion in debt to finance rapid expansion during the 1980s property boom, Bramalea collapsed in the early 1990s, and in 1995, its U.S. subsidiary went bankrupt in the largest bankruptcy of a U.S. house developer. With restructuring of Trizec, Edper's equity was reduced to a nominal amount.
781:
237:
By early 2000, 80% of TrizecHahn's revenues was from the United States and the company moved its headquarters to
Chicago and sold all holdings it held in Canada, changing its name to Trizec.
137:. It was originally a Canadian company. The name is derived from the initials of the three groups (Tri) that formed Trizec Properties Ltd: Zeckendorf, Eagle Star, and Covent Gardens.
786:
672:
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It moved its headquarters from
Calgary to Toronto. Horsham Corporation and Trizec Corporation were amalgamated in 1996 to form TrizecHahn Corporation.
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204:) in Chicago for $ 70 million with payment of an additional $ 40 million for a garage next door. It also acquired a portfolio of assets from
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183:. The Bronfmans were also owners of Carena Properties, successor to the Canadian Arena Company. In the 1980s, Trizec acquired
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254:, the company wrote down two-thirds of the $ 70 million investment it made in 1997 to gain control of the Sears Tower.
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521:"Commercial Real Estate; Purchase of One New York Plaza Reflects Toronto Company's Role"
367:"ZECKENDORF UNIT CUTS INVESTMENT; Business Centers Dropped by Webb & Knapp (Canada)"
303:
in 1976 by then company
President Harold Milavsky, the headquarters were moved again to
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656:"Trizec Completes $ 1.6 Billion Acquisition of Southern California Office Portfolio"
635:
477:
316:
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634:
Forsyth, Jennifer S.; Kranhold, Kathryn; Haughney, Christine (December 23, 2005).
17:
673:"Trizec Properties Completes Acquisition by Brookfield Properties and Blackstone"
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acquired a 50.1% controlling interest in Trizec through its holding company,
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In 1997, it acquired a controlling interest in the Sears Tower (now the
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345:"Company News — TrizecHahn Sells Its Noncore Assets for $ 417 Million"
291:
When it was Canada-based, the headquarters in the early 1970s were in
243:
In April 2002, the company received permission to convert to a public
569:"Company News — TrizecHahn to Become Real Estate Investment Trust"
311:. In 2004, the company was headquartered at Suite 4600 of the
410:
478:"TrizecHahn Agrees to Buy JBG, Increasing Washington Assets"
268:
In May 2006, the company acquired 13 office properties in
434:"Trizec Hahn's Office Group Buys Sears Tower in Chicago"
733:"TRIZEC PROPERTIES, INC. 2004 Form 10-K Annual Report"
712:"TRIZEC PROPERTIES, INC. 2001 Form 10-K Annual Report"
257:In February 2004, the company sold its interest in
240:In 2001, it sold noncore assets for $ 417 million.
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782:Defunct real estate companies of the United States
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211:In November 1998, the company sold a portfolio of
636:"GE to Acquire Arden Realty for $ 3.2 Billion"
543:Place Ville Marie: Montreal's Shining Landmark
8:
692:"Former Trizec chief helped reshape Calgary"
307:in 1995, where the headquarters were in the
190:In 1994, Trizec Corporation was acquired by
27:
614:"Trizec Completes Sale of Multiuse Complex"
390:"Big Canadian Merger Planned For Developer"
475:Greenberg, Larry M. (September 29, 1997).
33:
26:
787:Real estate companies established in 1923
454:Fruehling, Douglas (September 29, 1997).
338:
336:
164:with British associates recapitalize the
283:acquired the company for $ 8.9 billion.
175:In the 1970s, the Toronto branch of the
144:and in October 2006, it was acquired by
737:U.S. Securities and Exchange Commission
719:U.S. Securities and Exchange Commission
589:Corfman, Thomas A. (November 6, 2002).
426:
424:
387:DePalma, Anthony (September 11, 1996).
332:
767:Canadian companies established in 1923
592:"Sears Tower owner wants to redo deal"
431:Feder, Barnaby J. (December 4, 1997).
272:from Arden Realty for $ 1.63 billion.
690:CRYDERMAN, KELLY (January 20, 2013).
661:(Press release). Trizec. May 2, 2006.
456:"JBG selling portfolio to TrizecHahn"
7:
777:Defunct companies based in Chicago
762:2006 disestablishments in Illinois
25:
772:Companies disestablished in 2006
461:American City Business Journals
415:Canadian Business Hall of Fame
226:In 1999, the company acquired
160:Trizec was founded in 1960 by
1:
757:1923 establishments in Quebec
518:Oser, Alan (March 17, 1999).
504:Los Angeles Business Journal
250:In November 2002, after the
245:real estate investment trust
140:In 1994, it was acquired by
127:real estate investment trust
46:Real estate investment trust
57:; 64 years ago
808:
792:Blackstone Inc. companies
546:. Québec Amerique. 2012.
32:
319:. It later moved to the
299:. After a first move to
259:Hollywood & Highland
194:'s Horsham Corporation.
641:The Wall Street Journal
484:The Wall Street Journal
230:for $ 390 million from
119:Trizec Properties, Inc.
28:Trizec Properties, Inc.
287:Headquarters locations
123:TrizecHahn Corporation
121:, previously known as
75:; 17 years ago
277:Brookfield Properties
217:Westfield Santa Anita
146:Brookfield Properties
93:Brookfield Properties
677:The Blackstone Group
623:. February 28, 2004.
281:The Blackstone Group
252:September 11 attacks
232:Chase Manhattan Bank
150:The Blackstone Group
97:The Blackstone Group
73:October 6, 2006
376:. October 15, 1964.
354:. February 1, 2011.
270:Southern California
265:for $ 200 million.
223:for $ 1.4 billion.
208:for $ 560 million.
29:
697:The Globe and Mail
679:. October 6, 2006.
575:The New York Times
527:The New York Times
507:. January 4, 1999.
440:The New York Times
396:The New York Times
373:The New York Times
351:The New York Times
162:William Zeckendorf
18:Trizec Corporation
675:(Press release).
620:Los Angeles Times
578:. April 24, 2002.
293:Place Ville Marie
275:In October 2006,
206:The JBG Companies
181:Edper Investments
166:Place Ville Marie
129:headquartered in
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16:(Redirected from
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301:Calgary, Alberta
297:Montreal, Quebec
228:1 New York Plaza
185:The Hahn Company
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177:Bronfman family
168:development in
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411:"Peter Munk"
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317:Chicago Loop
313:Willis Tower
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103:Headquarters
91:Acquired by
42:Company type
499:"Westfield"
751:Categories
553:2764411596
327:References
192:Peter Munk
142:Peter Munk
80:2006-10-06
309:BCE Place
263:CIM Group
170:Montreal
135:Illinois
125:, was a
111:Illinois
315:in the
156:History
131:Chicago
107:Chicago
78: (
70:Defunct
60: (
52:Founded
550:
715:(PDF)
659:(PDF)
548:ISBN
279:and
148:and
95:and
88:Fate
62:1960
55:1960
295:in
261:to
219:to
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423:^
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335:^
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20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
