Equity Commonwealth（EQC）资讯与事件EQCEquity Commonwealth

Equity Commonwealth updates liquidating distribution to $20.55-$20.70 per share

On October 2, 2024, the Company filed a definitive proxy statement with the Securities and Exchange Commission related to a special meeting of shareholders to, among other things, consider and vote upon the Plan of Sale and Dissolution of the Company, including the wind-down and complete liquidation of the Company, and the dissolution and termination of the Company, including the establishment of a Liquidating Entity. The Plan of Sale, which the Board determined was in the best interests of the Company and its shareholders, authorizes the Company to sell its remaining properties, wind-down the Company's affairs and distribute the net proceeds to shareholders. At the special shareholder meeting held on November 12, 2024, the Company's shareholders approved the Plan of Sale with 85.5% of outstanding shares, and 99% of votes cast, in favor of the Plan of Sale proposal.

Equity Commonwealth completes sale of 1225 Seventeenth Street Plaza

Equity Commonwealth closed on the sale of its last remaining property, 1225 Seventeenth Street, a 709,402 square foot office property in Denver, Colorado, for a gross sale price of $132.5 million, on February 25, 2025. The net purchase price was approximately $124.4 million after credits primarily for contractual lease costs. With this sale of its last remaining property, the Company is also updating the estimated aggregate shareholder liquidating distribution range from an estimated aggregate shareholder liquidating distribution range of $20.00 to $21.00 per common share previously announced on November 15, 2024, to an estimated aggregate shareholder liquidating distribution range of $20.55 to $20.70 per common share, inclusive of the initial liquidating distribution of $19.00 per common share paid by the Company on December 6, 2024.

Equity Commonwealth agrees to sell 1225 Seventeenth Street Plaza for $132.5M

Equity Commonwealth announced that it is under contract to sell its last remaining property, 1225 Seventeenth Street, a 709,402 square foot office property in Denver, Colorado, for a gross sale price of $132.5M. The net purchase price is expected to be approximately $124.4M after credits primarily for contractual lease costs. The buyer has completed due diligence, and the earnest money deposit is non-refundable. The sale is scheduled to close in late February 2025. The transaction is subject to customary closing conditions, and there is no assurance that the transaction will close. The company reaffirms the estimated aggregate shareholder liquidating distribution range of $20.00 to $21.00 per common share previously announced on November 15, 2024, inclusive of the initial liquidating distribution of $19.00 per common share paid by the company on December 6, 2024.