X0202 4 2006-01-03 0001161935 TRIZEC PROPERTIES INC TRZ 0001128476 MULRONEY BRIAN C/O TRIZEC PROPERTIES, INC. 10 S. RIVERSIDE PLAZA, SUITE 1100 CHICAGO IL 60606 1 0 0 0 Deferred Compensation Rights 2006-01-03 4 A 0 3175 0 A Common Stock 3175 8486 D 1 for 1 The reporting person elected to defer receipt of his cash director retainer and fees under the Trizec Properties, Inc. Non-Employee Directors Deferred Compensation Plan. The deferred amount was credited as 3,175 shares under the reporting person's Trizec Properties, Inc. Stock Fund Account and is payable in cash upon reporting the person's termination of service as a director of the issuer. Bansari Shah, by power of attorney 2006-01-04