Equity Office Properties Trust, Chicago, has sold four commercial properties, comprising 383,246 square feet, and 32 residential units for a total price of approximately $67.6 million.Richard Kincaid, EOPT's president and chief executive officer, said the sales "reflect the continued execution of our long-term investment strategy of leveraging market conditions to dispose of noncore assets." The office real estate investment trust is exiting the Salt Lake City market with the sale of the U.S. West Dex Center property. The other three properties, all located in California, include buildings designed for uses -- such as mixed use, flex office, and industrial -- that do not fit in with the office REIT's primary business strategy, EOPT said.
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