Office Properties Income Trust Ranks Third on Boston Business Journal’s 2021 Middle Market Leaders List
February 11 2021 - 4:45PM
Business Wire
Honor Marks Second Consecutive Appearance for
OPI on List of Fastest Growing Middle Market Companies in
Massachusetts
Office Properties Income Trust (Nasdaq: OPI) today was named one
of the fastest growing middle market companies in Massachusetts by
the Boston Business Journal (BBJ) in its 2021 Middle Market Leaders
ranking. With total revenues of $678.4 million for 2019, OPI ranked
third on the list.
The BBJ’s Middle Market Leaders list ranks publicly traded and
private companies with revenues of between $25 million and $1
billion by two-year revenue growth. This is the second consecutive
year that OPI is appearing on the list after ranking 17th last
year.
Chris Bilotto, President and Chief Operating Officer of OPI,
made the following statement:
“We are proud to be recognized once again on
the BBJ’s Middle Market Leaders list. Our second consecutive
appearance highlights the careful stewardship of our manager, The
RMR Group, in executing OPI’s business strategy.”
OPI’s manager, the operating subsidiary of The RMR Group Inc.
(Nasdaq: RMR), was also honored for the second consecutive year as
part of the BBJ’s Middle Market Leaders, placing 29th after ranking
first among middle market companies in Massachusetts last year.
Another RMR client company, Industrial Logistics Properties Trust
(Nasdaq: ILPT) also placed on the 2021 Middle Market Leaders list,
ranking 49th.
Office Properties Income Trust is a REIT focused on owning,
operating and leasing properties primarily leased to single tenants
and those with high credit quality characteristics such as
government entities. OPI is managed by the operating subsidiary of
The RMR Group Inc. (Nasdaq: RMR), an alternative asset management
company that 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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Olivia Snyder, Manager, Investor Relations (617) 796-8320
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