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Dec 31, 2024
Equity Commonwealth Q4 2024 Earnings Report
Estimated Revenue:$7.24M
-14.5% YoY
Estimated EPS:$0.26
+4.1% YoY
Key Takeaways
Equity Commonwealth announced the completion of the sale of its last remaining property, 1225 Seventeenth Street Plaza, for $132.5 million. The company updated its estimated aggregate shareholder liquidating distribution range to $20.55 to $20.70 per common share. Net assets in liquidation at December 31, 2024 were approximately $179 million.
Completed the sale of 1225 Seventeenth Street Plaza for a gross price of $132.5 million.
Updated the estimated aggregate shareholder liquidating distribution range to $20.55 to $20.70 per common share.
Paid common shareholders an initial cash liquidating distribution of $19.00 per common share on December 6, 2024.
Net assets in liquidation at December 31, 2024 were approximately $179 million.
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