WASHINGTON, DC--(Marketwire - March 31, 2011) - The Building Owners and Managers Association (BOMA) International today announced that 53 new buildings have been conferred with the BOMA 360 designation in the first quarter of 2011. The BOMA 360 Performance Program is a groundbreaking program designed to recognize commercial properties that demonstrate best practices in building operations and management. Since the program's inception in Spring 2009, more than 230 buildings have been designated, and the momentum continues to grow. Based on the newest class of designees, the program is experiencing strong growth in Colorado, Northern Virginia, Washington state and Wisconsin. Participation in California, Texas, Georgia, New York and many other markets across the United States remains strong.
According to a recent study conducted by Kingsley Associates, buildings with the BOMA 360 Performance Program® designation have higher tenant satisfaction scores in 47 out of 50 categories relating to tenant relations compared to commercial office buildings without the designation. A survey of designees that have held the designation for a year or longer also showed that BOMA 360 buildings have achieved operational savings, developed new policies and procedures to improve operational efficiencies, and successfully competed for new tenants because of their designation.
"As the economic recovery starts to gain footing, the BOMA 360 designation is proving to be a valuable tool for property professionals looking to enhance commercial building asset values," noted BOMA International Chair Ray H. Mackey, Jr., RPA, CPM, CCIM, partner and chief operating officer, Stream Realty Partners, L.P. "By earning the BOMA 360 designation, these new designees have proven that they have the critical operations and management best practices in place that are necessary to thrive in today's marketplace."
The BOMA 360 Performance Program evaluates properties on six major areas of building management: building operations and management; life safety/security/risk management; training and education; energy; environment/sustainability; and tenant relations/community involvement. The comprehensive nature of the BOMA 360 Performance Program means that every aspect of building performance is assessed, and scores are based on how buildings meet an extensive checklist of best practices.
The new class of BOMA 360 buildings includes:
148 Lafayette
New York, N.Y.
Owned by: Lafayette Street Holdings LLC & Carla One LLC
Managed by: Louis Dreyfus Property Group
230 Park Avenue
New York, N.Y.
Owned by: W2007 Monday 230 Park Owner, LLC
Managed by: Monday Properties
250 W Pratt Street
Baltimore, Md.
Owned by: Behringer Harvard
Managed by: Behringer Harvard
4250 North Fairfax
Arlington, Va.
Owned by: 4250 North Fairfax Owner LLC
Managed by: Piedmont Office Realty Trust
601/701 South 12th Street
Arlington, Va.
Owned by: Brookfield Properties
Managed by: Brookfield Properties
717 Texas Avenue
Houston, Texas
Owned by: Block 59 LP
Managed by: Hines
Adobe SF
San Francisco, Calif.
Owned by: Adobe Systems Incorporated
Managed by: Cushman and Wakefield
AT&T Center
Los Angeles, Calif.
Owned and managed by: LBA Realty
Balfour Beatty Center
Plantation, Fla.
Owned by: The Realty Associates Fund VIII, L.P.
Managed by: Pointe Group Advisors
Bank of America Fifth Avenue Plaza
Seattle, Wash.
Owned by: Block 24 Seattle Ltd., L.P.
Managed by: Hines GS Properties
Colorado State Bank
Denver, Colo.
Owned and managed by: LBA Realty
Comerica Bank Tower
Dallas, Texas
Owned and managed by: Metropolitan Real Estate Investors, LLC
Denver Place
Denver, Colo.
Owned and managed by: LBA Realty
Federal Building
Chicago, Ill.
Owned by: U.S. General Services Administration
Managed by: GCSC Clark Field Office
Federal Reserve Bank of New York - East Rutherford Operations Center
East Rutherford, N.J.
Owned and managed by: Federal Reserve Bank of New York
Fourth & Madison
Seattle, Wash.
Owned by: TIAA-CREF
Managed by: Hines
Fulbright Tower
Houston, Texas
Owned by: Crescent Real Estate Equities
Managed by: Crescent
Glenridge Highlands Two
Atlanta, Ga.
Owned by: Piedmont Operating Partnership, LP
Managed by: Piedmont Office Management, LLC
Honey Creek I
Milwaukee, Wisc.
Owned by: Geneva Honey Creek I, LLC
Managed by: Greywolf Partners, Inc.
Honey Creek II
Milwaukee, Wisc.
Owned by: Geneva Honey Creek II, LLC
Managed by: Greywolf Partners, Inc.
Honey Creek III
Milwaukee, Wisc.
Owned by: Geneva Honey Creek III, LLC
Managed by: Greywolf Partners, Inc.
Honey Creek IV
Milwaukee, Wisc.
Owned by: Geneva Exchange Fund L, LLC
Managed by: Greywolf Partners, Inc.
Howard M. Metzenbaum United States Courthouse
Cleveland, Ohio
Owned and managed by: United States General Services Administration
Interchange Office Center
Dallas, Texas
Owned by: CBREI
Managed by: CB Richard Ellis
Lakeview Corporate Center
Thousand Oaks, Calif.
Owned and managed by: LBA Realty
OHSU Center for Health & Healing
Portland, Ore.
Owned by: RIMCO, LLC
Managed by: CB Richard Ellis
Oracle
Colorado Springs, Colo.
Owned and managed by: Oracle America, Inc.
Port Huron Federal Building & US Courthouse
Port Huron, Mich.
Owned and managed by: U.S. General Services Administration (GSA)
Potomac Tower
Arlington, Va.
Owned by: Brookfield Office Properties
Managed by: Brookfield
Quadrant Building
Greenwood Village, Colo.
Owned by: CBRE Investors AAF CalSTRS
Managed by: CB Richard Ellis, Inc.
Silicon Valley Center - 2540
San Jose, Calif.
Owned and managed by: LBA Realty
Silicon Valley Center - 2550
San Jose, Calif.
Owned and managed by: LBA Realty
Silicon Valley Center - 2560
San Jose, Calif.
Owned and managed by: LBA Realty
Silicon Valley Center - 2570
San Jose, Calif.
Owned and managed by: LBA Realty
Silicon Valley Center - 2580
San Jose, Calif.
Owned and managed by: LBA Realty
Silicon Valley Center - 2590
San Jose, Calif.
Owned and managed by: LBA Realty
The Avallon
Austin, Texas
Owned by: HB Avallon, LLC
Managed by: Grubb & Ellis Management Services, Inc.
The Towers at Williams Square
Irving, Texas
Owned by: TIAA Realty, Inc.
Managed by: Cousins Properties
TIAA-CREF
New York, N.Y.
Owned by: Teachers Insurance and Annuity Association
Managed by: Cushman & Wakefield, Inc
Time Square - Bldg 500
Renton, Wash.
Owned and managed by: LBA Realty
Time Square - Bldg 600
Renton, Wash.
Owned and managed by: LBA Realty
Time Square - Bldg 660
Renton, Wash.
Owned and managed by: LBA Realty
Time Square - Bldg 700
Renton, Wash.
Owned and managed by: LBA Realty
Time Square - Bldg 800
Renton, Wash.
Owned and managed by: LBA Realty
Two Ballston Plaza
Arlington, Va.
Owned by: TWO BALLSTON PLAZA CO LLC
Managed by: Brookfield Properties Management LLC
Two Reston Crescent
Reston, Va.
Owned by: TWO RESTON CO LLC
Managed by: Brookfield Properties Management LLC
US Custom House
Chicago, Ill.
Owned by: U.S. General Services Administration
Managed by: GCSC Clark Field Office
Waterview One
Centennial, Colo.
Owned by: CALSTRS
Managed by: CB Richard Ellis
Waterview Two
Centennial, Colo.
Owned by: CALSTRS
Managed by: CB Richard Ellis
Waterview Three
Centennial, Colo.
Owned by: CALSTRS
Managed by: CB Richard Ellis
Waterview Four
Centennial, Colo.
Owned by: CALSTRS
Managed by: CB Richard Ellis
Wells Fargo Center
Sacramento, Calif.
Owned by: Hines Sacramento Wells Fargo Center, LP
Managed by: Hines Interests Limited Partnership
Wells REIT - Wells Fargo Building
Milwaukee, Wisc.
Owned by: Wells REIT II - 11200 W. Parkland LLC
Managed by: Inland Companies, Inc.
To view all the buildings that have received the BOMA 360 designation, visit http://www.boma.org/getinvolved/boma360/Pages/360Buildings.aspx.
For more information on the BOMA 360 Performance Program, visit www.boma.org/GetInvolved/BOMA360.
About BOMA International
The Building Owners and Managers Association (BOMA) International is an international federation of more than 100 local associations and affiliated organizations. Founded in 1907, its 16,500-plus members own or manage more than nine billion square feet of commercial properties. BOMA International's mission is to enhance the human, intellectual and physical assets of the commercial real estate industry through advocacy, education, research, standards and information. On the Web at www.boma.org.