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REIT facing tough task; Trizec wants to buy big-city office buildings, but it's a seller's market.

Publication: Crain's Chicago Business
Publication Date: 06-JUN-05 		Format: Online
Delivery: Immediate Online Access
Full Article Title: REIT facing tough task; Trizec wants to buy big-city office buildings, but it's a seller's market.(Annual Meeting)(Real estate investment trusts)

Article Excerpt
Byline: ALBY GALLUN

After cleaning up its portfolio and paying down debt, Trizec Properties Inc. faces the tough task of buying office buildings in a seller's market.

Since taking over as Trizec's CEO in August 2002, Timothy H. Callahan has orchestrated a turnaround that has given analysts a reason to say good things about the Chicago-based...

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