Equity Office Properties

  www.equityoffice.com
  www.equityoffice.com

Equity Office Properties Reviews

Updated October 11, 2014
Updated October 11, 2014
23 Reviews
4.0
23 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Thomas F. August
13 Ratings

Employee Reviews

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  1.  

    Great place to work - great people & environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Finance Manager in San Mateo, CA
    Current Employee - Finance Manager in San Mateo, CA

    I have been working at Equity Office Properties full-time (more than an year)

    Pros

    Friendly staff; opportunities available for growth

    Cons

    Slow growth prospects; can be pigeon-holed to a role for a long time

    Advice to ManagementAdvice

    Stress career progression and mobility within the firm for those who want to take on the challenge

    Recommends
    Neutral Outlook
    Approves of CEO
  2.  

    Positive, great place to work.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL

    I have been working at Equity Office Properties full-time (more than 8 years)

    Pros

    Management is caring. Great benefits, compensation is fair. Good way to get a start in private equity - company is owned by Blackstone. Time off is flexible.

    Cons

    For certain positions the career path seems constrained. No formal training programs in place. Limited turnover at higher levels, makes it difficult to advance..

    Advice to ManagementAdvice

    Need way to retain promising employees.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Good Company, good people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Administrative Assistant
    Former Employee - Administrative Assistant

    I worked at Equity Office Properties as a contractor (more than an year)

    Pros

    Executive are all nice and seem like the genuinely care if you're doing well as a person. Pretty good benefits and free food at the regional office. A lot of internal growth opportunities. Help with training and supportive. Relax environment but still busy work.

    Cons

    I suppose in most commercial real estate companies, if your working with the property management teams its somewhat unstable from the buildings being bought and sold here and there. One must be open to move properties if currently based in one that may be sold in the next few years. Sometimes you just never know. Everyone is on their own for the most part except for team meetings or projects that require multiple department personnel.

    Recommends
    Positive Outlook
    No opinion of CEO
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  5.  

    On shaky ground...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Property Manager in San Francisco, CA
    Current Employee - Property Manager in San Francisco, CA

    I have been working at Equity Office Properties full-time (more than 10 years)

    Pros

    Good compensation and a decent benefit package. Management seems to really want employees to be happy- even if their hands are tied on passing on information.

    Cons

    Promotions don't actually seem to be based on performance but more who you are in with. Also, very vague structure regarding staffing allotments. Some areas overstuffed with higher level titles while others seem understaffed with no opportunities for moving up in company. Lots of dispositions with vague status updates are making for low morale.

    Advice to ManagementAdvice

    Talk to people, communicate plans, allow people the opportunity to grow.

    Neutral Outlook
    Approves of CEO
  6.  

    Where are you Equity Office?

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Equity Office Properties

    Pros

    Get to learn a lot about the business. A mid-sized company so learning the in's and out's are easier. Benefits are good and paid holidays/PTO are standard with other companies.

    Cons

    Work life balance is not there. Some upper management only care about interacting with their own peers and only give respect to certain folks. A very clique'ish environment. Morale is low due to layoffs and unsteady portfolio. Some raises/promotions are NOT based on performance, which is unfair to those who work hard.

    Advice to ManagementAdvice

    Re-evaluate salaries to be on par with market rate. Respect should be given at all levels. Respect is not based on your position, but the individual. Get Equity Office into the 21st century and listen to employees wants and needs.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  7.  

    Administrative Assistant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Administrative Assistant in Seattle, WA
    Former Employee - Administrative Assistant in Seattle, WA

    I worked at Equity Office Properties full-time (more than an year)

    Pros

    Company truly valued employees. Helped with education and was always looking to promote within. Coworkers were like family - lots of team building.

    Cons

    None. This company was transparent with their sale when selling Seattle portfolio and treated employees with total respect. Just wish they were still around.

    Advice to ManagementAdvice

    Come back to Seattle!

    Positive Outlook
    No opinion of CEO
  8.  

    Positive, fun, rewarding

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Equity Office Properties full-time (more than 10 years)

    Pros

    They imbibe the work atmosphere with lots of fun. They have opportunities for internal growth and the people who work here are very competent and approachable.

    Cons

    The company buys and sells buildings so it doesn't always feel like the most stable environment. Some people have been here for a long time and are complacent- lacks innovation.

    Advice to ManagementAdvice

    Budget more for salary increases. Also upgrade technology more frequently.

    Neutral Outlook
    Approves of CEO
  9.  

    Special Company with Exceptional People

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in Boston, MA
    Former Employee - Anonymous Employee in Boston, MA

    I worked at Equity Office Properties full-time

    Pros

    work/life balance, performance based compensation

    Cons

    health benefits, shift from long term owner to transaction based

    Advice to ManagementAdvice

    reconsider short term compensation to retain top performers

    Recommends
    Negative Outlook
    Approves of CEO
  10.  

    It was an overall positive experience. They provided me with the Class A high-rise experience I required.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Property Manager in Boston, MA
    Former Employee - Senior Property Manager in Boston, MA

    I worked at Equity Office Properties full-time (more than 3 years)

    Pros

    They had one of the best top-down team building philosophies in this business. I say "had" because they are in the process of being sold.

    Cons

    There wasn't one. The only reason I resigned is that they are being sold.

    Recommends
    Neutral Outlook
    Approves of CEO
  11.  

    Awesome

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Equity Office Properties

    Pros

    Great people, good pay, fun environment and a a good work life balance.

    Cons

    Career advancement opportunities were somewhat limited.

    Advice to ManagementAdvice

    Keep up the good work!

    Recommends
    Neutral Outlook

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