Shorenstein declined comment for this story, but industrysources locally and nationally tell GlobeSt.com that the companyhas the portfolio under contract for a price in the mid-$200s persf, which would put it on the plus side of $1 billion.
The package includes a dominant position in the best suburbansubmarket there, two Downtown office towers and a Downtowndevelopment site on which EOP has been preparing to build.
The Blackstone Group closed on its $39-billion purchase ofEquity Office Properties last week and quickly began selling it offin smaller pieces. The company borrowed nearly $32 billion for thedeal, including a $3.5-billion bridge loan necessary to outbidVornado Realty Trust.
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