Strong Third Quarter Performance for the BOMA 360 Performance Program
WASHINGTON (PRWEB) October 25, 2017 -- The Building Owners and Managers Association (BOMA) International conferred the BOMA 360 Performance Program® designation upon properties across the U.S. and Canada in the third quarter. This quarter included the second largest class of renewals in the program’s history, due in part to the efforts of commercial real estate company Brookfield, which re-certified more than a dozen properties across Canada. MC Realty Group and The RMR Group LLC also continued the trend of companies submitting multiple properties across their portfolios as new designees.
The BOMA 360 Performance Program evaluates commercial properties in six major areas: building operations and management; life safety/security/risk management; training and education; energy; environment/sustainability; and tenant relations/community involvement. Since the program's inception in 2009, nearly 1,700 designations have been conferred in more than 70 markets worldwide, totaling more than half a billion square feet of commercial space. Earning a BOMA 360 designation offers buildings tangible results, measured through higher tenant retention and satisfaction scores, higher rental rates and documented operations and management savings and efficiencies as reported in designee surveys and by Kingsley Associates.
“With documented benefits like higher tenant satisfaction scores, higher rental rates and lower vacancy rates, it’s no surprise that properties are consistently renewing their BOMA 360 designations,” said BOMA International Chair Rob Brierley, BOMA Fellow, managing director of Real Estate Management Services and executive vice president of Colliers Boston. “The program also continues to serve as an important training and alignment tool for property teams, making it especially valuable for large portfolios.”
The new class of BOMA 360 buildings includes the following properties (* denotes renewal):
1201 Eye St*
Washington, D.C.
Managed by: Piedmont Office Realty Trust, Inc
Owned by: 1201 Eye St NW Associates, LLC
1430 Enclave*
Houston, Texas
Managed by: Piedmont Office Management
Owned by: Piedmont Office Realty Trust
2 Queen Street East*
Toronto, Ontario, Canada
Managed by: Brookfield
Owned by: Brookfield
20 E. Thomas Tower*
Phoenix, Arizona
Managed by: LBA Realty LLC
Owned by: LBA Realty Fund II - Company V, LLC
303 West Madison*
Chicago, Illinois
Managed by: CBRE
Owned by: 303 Madison Chicago, LLC.
3121 Michelson
Irvine, California
Managed by: LBA Realty LLC
Owned by: LBA IV-PPII-Office, LLC
425 Market Street Building*
San Francisco, California
Managed by: Cushman & Wakefield
Owned by: 425 MKT REIT, LLC
4250 North Fairfax*
Arlington, Virginia
Managed by: Piedmont Government Services, LLC
Owned by: Piedmont Office Realty Trust
483 Bay Street*
Toronto, Ontario, Canada
Managed by: Northam Realty Advisors Limited
Owned by: Northam CCPF TenCo (BTS) Limited
710 Central Building
Kansas City, Missouri
Managed by: MC Realty Group
Owned by: DST Realty
7401 Corporate Center
Lakewood, Colorado
Managed by: The RMR Group LLC
Owned by: Government Properties Income Trust, LLC
75 State Street*
Boston, Massachusetts
Managed by: Brookfield
Owned by: Brookfield Properties 75 State Co., LLC
9850 Key West Avenue
Rockville, Maryland
Managed by: Avison Young
Owned by: Harrison Street Real Estate Capital
Airport Tower
Irvine, California
Managed by: The Muller Company
Owned by: OC Airport Owner, LLC
Arboretum Lakes — 1001 Warrenville Road
Lisle, Illinois
Managed by: Millbrook Properties
Owned by: Millbrook Properties
Arboretum Lakes — 1011 Warrenville Road
Lisle, Illinois
Managed by: Millbrook Properties
Owned by: Millbrook Properties
Arboretum Lakes — 701 Warrenville Road
Lisle, Illinois
Managed by: Millbrook Properties
Owned by: Millbrook Properties
Arboretum Lakes — 801 Warrenville Road
Lisle, Illinois
Managed by: Millbrook Properties
Owned by: Millbrook Properties
Arboretum Lakes — 901 Warrenville Road
Lisle, Illinois
Managed by: Millbrook Properties
Owned by: Millbrook Properties
Bankers Court*
Calgary, Alberta, Canada
Managed by: Brookfield
Owned by: Brookfield
Bankers Hall*
Calgary, Alberta, Canada
Managed by: Brookfield
Owned by: Brookfield
Bay Adelaide Centre*
Toronto, Ontario, Canada
Managed by: Brookfield
Owned by: Brookfield
Blaine Medical Center
Blaine, Minnesota
Managed by: The RMR Group LLC
Owned by: Senior Housing Properties Trust
Broadway Square Building
Kansas City, Missouri
Managed by: MC Realty Group
Owned by: Broadway Square Partners
Brookfield Place, Toronto *
Toronto, Ontario, Canada
Managed by: Brookfield
Owned by: Brookfield
Building 15*
Indianapolis, Indiana
Managed by: Cushman & Wakefield
Owned by: Castleton Park Indianapolis LP
Building 30*
Indianapolis, Indiana
Managed by: Cushman & Wakefield
Owned by: Castleton Park Indianapolis LP
Building 40*
Indianapolis, Indiana
Managed by: Cushman & Wakefield
Owned by: Castleton Park Indianapolis LP
Burnett Plaza*
Fort Worth, Texas
Managed by: TIER REIT
Owned by: TIER REIT
Campbell Mithun Tower*
Minneapolis, Minnesota
Managed by: Cushman & Wakefield
Owned by: 222 South Ninth Street, LLC
Capella Tower*
Minneapolis, Minnesota
Managed by: Ryan Companies US, Inc.
Owned by: ASB Capital Management, LLC
Centennial Building
Kansas City, Missouri
Managed by: MC Realty Group
Owned by: DST Realty Deramus Building
Kansas City, Missouri
Managed by: MC Realty Group
Owned by: Broadway Square Partners
Edgeworth Building*
Richmond, Virginia
Managed by: Forest City Commercial Group
Owned by: FC Edgeworth Lessor, LLC
Exchange Tower*
Toronto, Ontario, Canada
Managed by: Brookfield
Owned by: Brookfield
Federal Reserve Bank of Atlanta*
Atlanta, Georgia
Managed by: Federal Reserve Bank of Atlanta
Owned by: Federal Reserve Bank of Atlanta
Fifth Avenue Place*
Calgary, Alberta, Canada
Managed by: Brookfield
Owned by: Brookfield
First Canadian Place*
Toronto, Ontario, Canada
Managed by: Brookfield
Owned by: Brookfield
Frost Bank Tower*
Austin, Texas
Managed by: Endeavor Real Estate Group
Owned by: CSHV-401 Congress, LLC
Hallmark I & II
Addison, Texas
Managed by: The RMR Group LLC
Owned by: SIR Properties Trust
Hudson's Bay Centre*
Toronto, Ontario, Canada
Managed by: Brookfield
Owned by: Brookfield
Jean Edmonds Towers*
Ottawa, Ontario, Canada
Managed by: Brookfield
Owned by: Brookfield
Marietta Chair
Kansas City, Missouri
Managed by: MC Realty Group
Owned by: Francor LLC
North Central Branch*
Hoffman Estates, Illinois
Managed by: Mary Kay Inc.
Owned by: Mary Kay Inc.
Northbridge Place*
Toronto, Ontario, Canada
Managed by: Brookfield
Owned by: Brookfield
One Lincoln Park*
Dallas, Texas
Managed by: Piedmont Office Management
Owned by: Piedmont Office Realty Trust
Place de Ville*
Ottawa, Ontario, Canada
Managed by: Brookfield
Owned by: Brookfield
Quadrant Building*
Greenwood Village, Colorado
Managed by: CBRE
Owned by: CBRE Investors AAF CalSTRS
Queen's Quay Terminal*
Toronto, Ontario, Canada
Managed by: Brookfield
Owned by: Brookfield
Safford
Safford, Arizona
Managed by: The RMR Group LLC
Owned by: GPT Properties Trust
SGA Corporate Center at Kierland
Scottsdale, Arizona
Managed by: Development Services of America, Inc.
Owned by: Development Services of America, Inc.
SouthPark Towers I*
Charlotte, North Carolina
Managed by: CBRE
Owned by: CSHV SouthPark 6100 Fairview, LLC
SouthPark Towers II*
Charlotte, North Carolina
Managed by: CBRE
Owned by: CSHV SouthPark 6000 Fairview, LLC
Suncor Energy Centre*
Calgary, Alberta, Canada
Managed by: Brookfield
Owned by: Brookfield
Technology Business Center*
Chicago, Illinois
Managed by: Cushman & Wakefield
Owned by: Ventas, Inc.
Thayer Place
Kansas City, Missouri
Managed by: MC Realty Group
Owned by: Broadway Square Partners
The Offices at Park Ten
Houston, Texas
Managed by: Hines
Owned by: Franklin Street Properties
Towers at Westchase I*
Houston, Texas
Managed by: Stream Realty Partners
Owned by: Franklin Street Properties
Towers at Westchase II*
Houston, Texas
Managed by: Stream Realty Partners
Owned by: Franklin Street Properties
U.S. Cellular Tulsa Customer Care Center
Tulsa, Oklahoma
Managed by: U.S. Cellular
Owned by: U.S. Cellular
Warner Center Acquisitions Partners*
Woodland Hills, California
Managed by: Hines Interests Limited Partnership
Owned by: Warner Center Acquisitions Partners, LLC
Wells Fargo Center*
Los Angeles, California
Managed by: Brookfield
Owned by: Brookfield
To view all the buildings that have received the BOMA 360 designation, visit the BOMA 360 building listings webpage. For more information about the BOMA 360 Performance Program, visit http://www.boma.org/BOMA360.
Jessica Bates, Building Owners and Managers Association, http://www.boma.org/, +1 (202) 326-6348, [email protected]
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