CHICAGO–Equity Office, a U.S. office company wholly owned by Blackstone’s real estate funds that oversees 47 million square feet of Class A office space, today announced the appointment of Lisa Picard as Executive Vice President and Chief Operating Officer. Picard will join the San Francisco office in November where she will oversee areas including quality, technology and innovation for Equity Office properties.
Eli Khouri, President and CEO of Equity Office said, “I have followed Lisa’s work and career since meeting her in 1998; it was clear from the beginning that she possessed a special talent, intellect and curiosity, and her subsequent career has borne that out in spades. I deeply admire her passion for creating superior real estate product and her capability of understanding and connecting with customers’ needs. Lisa’s experience will make an immediate impact on how we create and position our assets within each of our markets and ultimately foster the success of our customers. In this new role, Lisa will be responsible for developing and driving the company’s product innovation strategies, organizational culture and new value creation. I’m excited to have her join our team.”
Picard joins Equity Office from Skanska Commercial Development US where she managed west coast strategy for commercial development. She has over twenty years of experience in the conceptualization, design, finance and development of large, urban real estate projects in the US, delivering a portfolio of office, retail, resort residential and mixed-use developments. She has a track record for innovative, high quality projects that push the market in areas of customer experience and sustainability. Picard holds two masters degrees from MIT and continues to lecture on topics including design thinking and mindful leadership, as well as driving innovation and understanding risk.
About Equity Office
With a portfolio encompassing approximately 47 million square feet of Class A office space, Equity Office is one of the largest commercial real estate firms in the nation. Equity Office, wholly owned by Blackstone’s real estate funds, focuses on meeting tenant demand and strategically addressing the changing needs of companies in superior locations throughout the country. For more information, visit equityoffice.com.