FORM 3

U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to section 17(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utilities
Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1.    Name and Address of Reporting Person

 Jadwin         Ted                    R.

2.   Date of Event
  Requiring Statement
  Month/Day/Year.
    2/26/03

4.   Issuer Name and Ticker or Trading Symbol

  Trizec Properties, Inc.   (TRZ)

   (Last)              (First)             (Middle)

 c/o Trizec Properties, Inc.
233 South Wacker Drive

5. Relationship of a Reporting Person(s) to Issuer

         Check all applicable)
__   __  Director        ________ 10% Owner
___X__  Officer        ________ Other (Specify
        (Give Title Below)
 Sr. Vice President, General Counsel

6. If Amendment, Date of Original
(Month/Day/Year)

3.  IRS or Social Security
  Number of Reporting
  Person (Voluntary)

                                 (Street)

 Chicago          IL           60606

7.   Individual or Joint/Group Filing
    (check applicable line)
_X_  Form filed by One Reporting Person
___  Form filed by More than One Reporting Person 

    (City)             (State)             (Zip)                                      Table 1 - Non-Derivative Securities Beneficially Owned

1.   Title of Security
    (Instr. 4)

2.   Amount of Securities
  Beneficially Owned
   (Instr. 4)

3.   Ownership
  Form: Direct
  (D) or Indirect
   (I) (Instr. 5)

4.   Nature of Indirect Beneficial Ownership
     (Instr. 5)

 No securities owned

FORM 3 (continued)

Table II - Derivative Securities Aquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1.  Title of Derivative Security
  (Instr. 4)

  

2.  Date Exercisable
 and Expiration
 Date
 Month/Day/Year

3.   Title and Amount of Securities
Underlying Derivative Security   (Instr. 4)

4. Conversion of
 Exercise Price
 of Derivative
 Security 

5.  Ownership
 form of
 Derivative
 Security:
 Direct (D) or
 Indirect (I)
  (Instr. 5)

6.  Nature of Indirect
 Beneficial Ownership
  (Instr. 5)

Date Exer-cisable

Expiration date

   
Title  

Amount or
Number
of Shares

  No securities owned 

* If the form is filed by more than one reporting person, see Instruction 5(b)(v)

** Intentional mistatements or omissions of facts constitute Federal Criminal Violations.

   /s/ Ted R. Jadwin                                                   February 26,  2003

See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

** Signature of Reporting Person                                             Date
   

Note:   File three copies of this Form, one of which must be manually signed.
        If space provided is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number 

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