Office Properties Income Trust (Nasdaq: OPI) today announced that seven of its properties received honors between January and June 2019 from the Building Owners and Managers Association (BOMA) and the U.S. Green Building Council (USGBC).
The honors achieved by OPI properties are as follows:
PROPERTY NAME | CITY | STATE | BUILDING AWARD |
15451 North 28th Avenue | Phoenix | AZ | BOMA 360 Designation |
9174 Sky Park Court | San Diego | CA | BOMA 360 Designation |
251 Causeway Street | Boston | MA | LEED Silver Certification |
One Montvale Avenue | Stoneham | MA | LEED Silver Recertification |
11411 E. Jefferson Avenue | Detroit | MI | BOMA 360 Designation |
5000 Corporate Court | Holtsville | NY | LEED Silver Recertification |
65 Bowdoin Street | South Burlington | VT | LEED Silver Certification |
Two properties were certified LEED Silver by the USGBC for the first time, while One Montvale Avenue in Stoneham, Massachusetts, and 5000 Corporate Court in Holtsville, New York, both achieved recertification. Certification for LEED, or Leadership in Energy and Environmental Design, is a building-level certification that measures site features, water & energy efficiency, resource management and indoor environment.
Three properties in OPI’s portfolio were designated as 360 Performance Buildings by BOMA. The BOMA 360 Performance Program® sets standards that are often referred to in the market for operational best practices in the commercial real estate industry. Earning the 360 label indicates that BOMA believes a building is outperforming the competition with regard to its operations and management.
All properties in OPI’s portfolio are managed by The RMR Group LLC, the majority owned operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), which is responsible for providing all aspects of property management services to more than 700 properties that contain over 75 million square feet of commercial, office, industrial, medical office, life science and retail space.
About Office Properties Income Trust
Office Properties Income Trust is a real estate investment trust, or REIT, focused on owning, operating and leasing buildings primarily leased to single tenants and those with high credit quality characteristics like government entities. OPI is managed by the operating subsidiary of The RMR Group Inc.
About The RMR Group Inc.
The RMR Group Inc. is a holding company and substantially all of its business is conducted by its majority owned operating subsidiary, The RMR Group LLC. The RMR Group LLC is an alternative asset management company that primarily provides management services to publicly traded REITs and real estate related operating companies. As of March 31, 2019, The RMR Group LLC had approximately $30.0 billion of total assets under management, including more than 1,500 properties, and employed approximately 600 real estate professionals in more than 30 offices throughout the United States; the companies managed by The RMR Group LLC collectively had approximately 50,000 employees. The RMR Group Inc. is headquartered in Newton, Massachusetts.
A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190723005287/en/
Contacts:
(617) 219-1410
