Office Properties Income Trust Announces Seven Properties Recognized for Excellence
July 23 2019 - 8:00AM
Business Wire
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20190723005287/en/
Olivia Snyder, Manager, Investor Relations (617) 219-1410
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