EQ Office
EQ Office, founded in 1976 in Chicago, operated a commercial office portfolio that was combined with ShopCore and ROIC into Perform Properties. The combined platform acquires, develops, and manages nationwide retail and office properties, serving business tenants via long-term leasing and flexible specialty programs.
- Company typePrivate
- Founded1976
- HeadquartersChicago, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What EQ Office does
EQ Office, founded in 1976 and headquartered in Chicago, is a commercial real estate company that has been combined with ShopCore and ROIC to form Perform Properties, a diversified real estate operating platform focused on retail and office environments with 'People-Appeal' — properties where people and businesses actively choose to work, shop, and gather. The platform manages a nationwide portfolio that includes trophy and high-demand assets such as Willis Tower (Chicago), US Bank Center (Seattle), 800 Fifth (Seattle), One Colorado (Pasadena), Berry Town Center (Davenport), and Bakers Centre (Philadelphia). EQ Office's operations have been absorbed into Perform Properties and the entity no longer operates independently.
EQ Office's product surface, now consolidated under Perform Properties, comprises three interconnected lines: Office (long-term workspace leasing with tenant-first property management, integrated asset management, construction, and wellness-driven design); Retail (property management and leasing with curated tenant mixes tailored to community needs, supported by consumer insights); and Specialty Leasing (flexible short-term solutions including pop-ups, seasonal activations, mobile retail, and experiential marketing for entrepreneurs and national retailers). The platform is operated by 101-250 employees and partners with municipal and small business networks such as Seattle Restored and the Seattle Office of Economic Development to seed retail tenants in target downtown locations.
The business model is fundamentally subscription/recurring real estate leasing, with quote-based annual billing negotiated through direct sales channels (property website search, leasing team outreach, and the specialty leasing program). Revenue mechanics rely on long-term anchor office leases and a diversified mix of retail tenants, with growth optionality from new short-term specialty leasing demand and continued portfolio rebalancing (e.g., the $34.5 million Irvine office-park divestiture for residential redevelopment). Leadership is anchored by CEO Alex Vouvalides and founder Samuel Zell.
EQ Office firmographics
Firmographics- Name
- EQ Office
- Legal name
- EQ Office
- Website
- https://eqoffice.com
- Company type
- Private
- Founded year
- 1976
- Operating status
- Acquired
- Headcount range
- 101–250 employees
- Short description
- EQ Office, founded in 1976 in Chicago, operated a commercial office portfolio that was combined with ShopCore and ROIC into Perform Properties. The combined platform acquires, develops, and manages nationwide retail and office properties, serving business tenants via long-term leasing and flexible specialty programs.
- Ownership category
- akta.pro rank
EQ Office industry classification
Industry- Product category
- Commercial Real Estate / Office Leasing
- NAICS
- Lessors of Nonresidential Buildings (except Miniwarehouses) (531120)
- SIC
- Operators Of Nonresidential Buildings (6512)
- akta.pro primary industry
- Office Real Estate Asset Management (BPAJAMAG)
- akta.pro secondary industry
- Office Property Management (BPAJAGAA)
Keywords
Where EQ Office is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
EQ Office business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Marketing or Sales, Others
Revenue model
- Office Space Leasing: Long-term and flexible office space leasing to businesses, with tenant-first mindset, integrated asset management, construction, leasing, and property operations.
- Retail Space Leasing: Retail space leasing with curated tenant mixes tailored to community needs, drawing on expertise across operations, construction and development, leasing, and asset management.
- Specialty Leasing: Flexible short-term solutions including pop-ups, seasonal activations, mobile retail, and experiential marketing opportunities for entrepreneurs and national retailers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Office and retail spaces with customized leasing terms |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
EQ Office product offering
Product offeringCore offering
EQ Office acquires, develops, leases, and manages office properties on a nationwide basis. It delivers high-quality, well-maintained office spaces with curated amenities and wellness-driven design, supported by integrated asset management, construction, leasing, and property operations for corporate tenants. Its assets are now operated under the Perform Properties platform following the combination with ShopCore and ROIC.
Product overview
Perform Properties is a unified real estate operating platform formed by combining the assets and capabilities of ShopCore, ROIC, and EQ Office. The platform operates three interconnected product lines: Retail (property management and leasing with consumer insights-driven positioning), Office (workspace leasing with wellness-driven design and integrated operations), and Specialty Leasing (flexible short-term solutions for pop-ups, seasonal activations, and experiential marketing). The portfolio includes notable properties such as US Bank Center (Seattle), Willis Tower (Chicago), One Colorado (Pasadena), Berry Town Center (Davenport), 800 Fifth (Seattle), and Bakers Centre (Philadelphia).
Differentiator
Problem solved
Functional benefit
Products and services
- Office Space Leasing
- Perform Properties Platform
Companies that use EQ Office
Customer profileSegments4 records
Ideal customer profiles1 record
EQ Office technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
EQ Office partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Seattle RestoredcorePartnership with Seattle Restored, Seattle Office of Economic Development, and Good Business Network of Washington to support small businesses and entrepreneurs. The partnership provides pathways for small businesses to establish brick-and-mortar presence in downtown Seattle locations.
- ShopCorecoreShopCore combined assets and capabilities with ROIC and EQ Office to form Perform Properties, creating a diversified real estate operating platform.
- ROICcoreROIC combined assets and capabilities with ShopCore and EQ Office to form Perform Properties, creating a diversified real estate operating platform with operational scale.
- Good Business Network of WashingtonminorPartner in Seattle Restored initiative helping create new pathways for small businesses to grow in downtown Seattle.
- Seattle Office of Economic DevelopmentminorGovernment partner in Seattle Restored initiative supporting small business growth in downtown Seattle.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
EQ Office competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
EQ Office social profiles
Digital presenceEQ Office financial estimates
Financial estimateRevenue estimate
Valuation estimate
EQ Office leadership team
Management profileNumber of profiles
Profiles3 records
EQ Office funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EQ Office M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EQ Office
What does EQ Office do?
EQ Office acquires, develops, leases, and manages office properties on a nationwide basis. It delivers high-quality, well-maintained office spaces with curated amenities and wellness-driven design, supported by integrated asset management, construction, leasing, and property operations for corporate tenants. Its assets are now operated under the Perform Properties platform following the combination with ShopCore and ROIC.
Is EQ Office a public or private company?
EQ Office is a private company. It is classified as corporate owned and is currently acquired.
When was EQ Office founded?
EQ Office was founded in 1976. It employs 101 to 250 people.
Where is EQ Office based?
EQ Office is headquartered in Chicago, United States, in the North America region.
How does EQ Office make money?
Three revenue lines are on record. Office Space Leasing is the primary driver. The others are retail Space Leasing and specialty Leasing.
Does EQ Office have an API?
No public API is recorded for EQ Office.
What industry is EQ Office in?
EQ Office's product category is Commercial Real Estate / Office Leasing. Its primary akta.pro industry code is BPAJAMAG, Office Real Estate Asset Management, with a secondary code of BPAJAGAA, Office Property Management. Its NAICS code is 531120 and its SIC code is 6512.