Leading Commercial Real Estate Companies to Submit Entire Portfolios to BOMA 360

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Momentum Continues to Grow for Program Recognizing Best Practices in Building Operations and Management

“The fact that companies are putting their entire portfolios through the program is a testament to the value the program provides to tenants, building managers, owners and investors.”

A growing number of commercial real estate firms have committed to earning the BOMA 360 Performance Program® designation for large portions or the entire bulk of their portfolios, including market leaders USAA Real Estate Company, CB Richard Ellis and Brookfield Properties. The BOMA 360 Performance Program, managed by the Building Owners and Managers Association (BOMA) International, is a groundbreaking program recognizing commercial properties that demonstrate best practices in building operations and management. Since the program’s launch in 2009, nearly 325 buildings have earned the BOMA 360 designation across 50 markets.

“We created this program to help property managers earn third-party affirmation that they are excelling in all aspects of property management—everything from tenant relations to security to sustainability,” commented BOMA International Chair Boyd R. Zoccola, executive vice president, Hokanson Companies Inc. “The fact that companies are putting their entire portfolios through the program is a testament to the value the program provides to tenants, building managers, owners and investors.”

USAA Real Estate Company and Brookfield Properties have both announced they will put their entire office portfolios through the BOMA 360 Performance Program. CB Richard Ellis leads all companies with BOMA 360 buildings with 42 buildings designated to date. The companies released commitment statements in support of the program:

  •     “By putting our entire portfolio through the BOMA 360 program, our goal is to reaffirm what we believe we are already doing – driving world class service delivery and execution. We see value in that BOMA 360 helps communicate to our tenants and to our co-investors that we are committed to providing best-in-class service. Further, we believe having this designation will be part of what it means to be a quality property owner and operator.”

Brenna Walraven
Managing Director
USAA Real Estate Company

  •     “Brookfield Office Properties is pleased to announce that 30 of our office buildings, 56 percent of our U.S. portfolio, have received the BOMA 360 Performance Program designation. BOMA 360 gives Brookfield market advantage because it helps us measure and improve performance against industry best practices. The unique, comprehensive nature of the program means our tenants, prospective tenants and other stakeholders know that a Brookfield BOMA 360 building is operated to the highest standards of excellence across a broad range of criteria. We plan to submit the balance of the Brookfield U.S. portfolio through the BOMA 360 Performance Program over the next year as we continue to reinforce the importance of outstanding achievement in all areas of building operations and management.”

Daniel M. Kindbergh
Senior Vice President, Operations
Brookfield Office Properties

  •     “CBRE recognizes the value of the BOMA 360 Performance Program by measuring all facets of property operations against industry standards. CBRE believes that this comprehensive approach to performance benchmarking is valuable to our clients’ properties and will continue to encourage our clients to participate in the program.”

Steve Bassett
Executive Managing Director
CB Richard Ellis Strategic Accounts

Learn more about the BOMA 360 Performance Program.

About BOMA International
The Building Owners and Managers Association (BOMA) International is an international federation of more than 100 local associations and affiliated organizations. Founded in 1907, its 16,500-plus members own or manage more than nine billion square feet of commercial properties. BOMA International’s mission is to enhance the human, intellectual and physical assets of the commercial real estate industry through advocacy, education, research, standards and information. On the Web at http://www.boma.org.

Contact
Lindsay Tiffany
Manager of Media Relations
(202) 326-6365
ltiffany(at)boma(dot)org

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Lindsay Tiffany
BOMA
202 326 6365
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