Honest Buildings adds Picard to board

Honest Buildings, a capital planning and project management platform for real estate owners, has named Lisa Picard to its board of directors. Picard is the president and CEO of EQ Office, which is backed by Blackstone.


NEW YORK, Dec. 4, 2018 /PRNewswire/ — Honest Buildings, the only capital planning and project management platform for real estate owners, announced today that Lisa Picard, President and CEO of EQ Office (formerly Equity Office Properties), will join its board of directors. Picard leads a portfolio with 80 locations and approximately 40 million square feet of office assets for Blackstone and has more than 25 years of experience in real estate development and investment in several different asset types. She is an advocate for driving the real estate business through advancement in technology and novel thinking.

“Office development has evolved from a B2B to a B2C market, and at EQ, we are continuously delivering new levels of value and service as we reposition assets,” said Lisa Picard, President and CEO of EQ. “It’s impressive how Honest Buildings has partnered with owners and operators to unlock insights into how projects are performing. This will ultimately allow us to make smarter decisions as we create the workplace of the future that helps tenants attract, retain and inspire their talent.”

Riggs Kubiak, co-founder and CEO of Honest Buildings said, “Lisa has unparalleled experience, backed by a passion for creating, developing and repositioning real estate assets that focus on community and humanity, knowing this ultimately leads to the highest economic success. Honest Buildings will benefit greatly from her extensive leadership in our shared mission to accelerate urban progress.”

Honest Buildings’ board of directors is comprised of leaders in real estate, real estate technology and venture, including Ric Clark, Chairman of Brookfield Properties; Michael Turner, President of Oxford Properties; Gary Dillabough, Managing Partner of real estate technology venture firm Navitas Capital; and Todd Wilson, 20 year venture capital veteran from Rockport Capital.

Today, Honest Buildings facilitates over $1 billion dollars a month in project volume for the largest and most innovative real estate owners in the world. Over the last year the company has seen tremendous growth – with expanded products, including the launch of its Capital Planning platform; expanded investment, having raised nearly $50 million of venture capital from leading real estate venture firms and many from the largest owners directly; and an expanded customer base, team, and board of directors.

Honest Buildings enables leading real estate owners to unlock value from their assets. Global, national and local owners like Brookfield, Oxford Properties, Beacon Capital Partners, Hines, Invesco, SL Green, The Durst Organization, Silverstein Properties, JBG Smith, Harvest Properties, Parkway Properties, and Rudin Management are utilizing the power of the platform’s data-driven technology.

The platform puts control of real estate capital planning and project data into the hands of real estate owners. By centralizing all projects portfolio-wide in Honest Buildings and moving workflows out of spreadsheets, construction projects are completed on time and on budget today, and owners can manage their capital deployment more strategically tomorrow. Ultimately this allows real estate owners to take the lead in driving urban expansion – currently a $10 trillion a year market – and how we live, work and play in cities in the future.

We are EQ Office. While other real estate owners talk about square footage and floor plans, we focus on the experience; how space feels, activates and performs. At EQ, we partner with business leaders to find, design and manage balanced workspaces with the intention of helping to inspire talent. We’re proud to work hand-in-hand with customers of all sizes from Fortune 100 companies to emerging startups to bring humanity back to the workplace. Our diverse team of over 200 professionals is responsible for creating inspired office environments in cities across the country including Chicago, New York, Los Angeles, San Francisco, Seattle and Boston. What began as Equity Office Properties 42 years ago, now reflects a new intelligence needed to address shifting workplace needs, as EQ Office. As a U.S. office portfolio company wholly owned by Blackstone’s real estate funds, we have the resources to lead the changes happening in work space. Explore your space for greatness at www.eqoffice.com.