STRONG THIRD QUARTER PERFORMANCE FOR THE BOMA 360 PERFORMANCE PROGRAM
(WASHINGTON, D.C. — October 246, 2017) – (RealEstateRama) — 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, LLC1430 Enclave* Houston, Texas Managed by: Piedmont Office Management Owned by: Piedmont Office Realty Trust 2 Queen Street East* 20 E. Thomas Tower* 303 West Madison* 3121 Michelson 425 Market Street Building* 4250 North Fairfax* 483 Bay Street* 710 Central Building 7401 Corporate Center 75 State Street* 9850 Key West Avenue Airport Tower Arboretum Lakes — 1001 Warrenville Road Arboretum Lakes — 1011 Warrenville Road Arboretum Lakes — 701 Warrenville Road Arboretum Lakes — 801 Warrenville Road Arboretum Lakes — 901 Warrenville Road Bankers Court* Bankers Hall* Bay Adelaide Centre* Blaine Medical Center Broadway Square Building Brookfield Place, Toronto * Building 15* Building 30* Building 40* Burnett Plaza* Campbell Mithun Tower* Capella Tower* Centennial Building |
Deramus Building Kansas City, Missouri Managed by: MC Realty Group Owned by: Broadway Square PartnersEdgeworth Building* Richmond, Virginia Managed by: Forest City Commercial Group Owned by: FC Edgeworth Lessor, LLC Exchange Tower* Federal Reserve Bank of Atlanta* Fifth Avenue Place* First Canadian Place* Frost Bank Tower* Hallmark I & II Hudson’s Bay Centre* Jean Edmonds Towers* Marietta Chair North Central Branch* Northbridge Place* One Lincoln Park* Place de Ville* Quadrant Building* Queen’s Quay Terminal* Safford SGA Corporate Center at Kierland SouthPark Towers I* SouthPark Towers II* Suncor Energy Centre* Technology Business Center* Thayer Place The Offices at Park Ten Towers at Westchase I* Towers at Westchase II* U.S. Cellular Tulsa Customer Care Center Warner Center Acquisitions Partners* Wells Fargo Center* |
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 www.boma.org/BOMA360.
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About BOMA International
The Building Owners and Managers Association (BOMA) International is a federation of 90 BOMA U.S. associations and 18 international affiliates. Founded in 1907, BOMA represents the owners and managers of all commercial property types including 10.5 billion square feet of U.S. office space that supports 1.7 million jobs and contributes $234.9 billion to the U.S. GDP. Its mission is to advance a vibrant commercial real estate industry through advocacy, influence and knowledge. Learn more at www.boma.org.
Contact
Jessica Bates
Manager of Communications & Marketing
BOMA International
(202) 326-6348
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