The RMR Group Announces Eight Property Awards

7/24/19

NEWTON, Mass.--(BUSINESS WIRE)--The RMR Group Inc. (Nasdaq: RMR) announced that eight properties managed by The RMR Group LLC were recognized for excellence by the Building Owners and Managers Association (BOMA) and U.S. Green Building Council (USGBC).

The honors achieved 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
2200 County Road C West Roseville MN BOMA 360 Designation
5000 Corporate Court Holtsville NY LEED Silver Recertification
65 Bowdoin Street South Burlington VT LEED Silver Certification

These honors were awarded between January and June 2019 to properties managed by The RMR Group LLC, on behalf of client companies which own these properties. The RMR Group LLC is responsible for providing all aspects of property management services to over 700 buildings with over 75 million rentable square feet of commercial office, industrial, medical office, life science and retail space.

Four properties managed by RMR were designated as BOMA 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 BOMA 360 label indicates that BOMA believes the property is outperforming the competition with regard to its operations and management.

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.

About The RMR Group

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; and the companies managed by The RMR Group LLC collectively had approximately 50,000 employees. The RMR Group Inc. is headquartered in Newton, Massachusetts.

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