The Building Owners and Managers Association of Boston (BOMA Boston) will send four buildings to compete at BOMA International's The Outstanding Building of the Year (TOBY) Awards in Orlando, FL this June. The following buildings won local TOBY awards back in November, and were just announced as Middle-Atlantic Region winners this past week.
2014 TOBY MAC Winners
• 250,000-500,000 s/f: 40 Broad St., owned by TIAA-CREF Real Estate Management Core Property Fund, managed by Lincoln Property Company.
• Government Building: 1550 MAIN, Springfield, owned by Massachusetts Development Authority, managed by CBRE | NE Partners LP.
• Historical Building: One Liberty Sq., owned by the One Liberty Square LLC, managed by Lincoln Property Company.
• Suburban Low-Rise: Westboro Executive Park, Westborough, owned by Cornerstone Real Estate Advisers, managed by Jones Lang LaSalle Americas, Inc.
These four buildings will be officially awarded as regional TOBY award winners at the BOMA Middle-Atlantic Conference, to be held in Boston from March 30 - April 1. The BOMA Middle Atlantic Conference is made up of 15 other BOMA locals in addition to Boston. This will be the first time Boston has hosted the Middle Atlantic Conference since 2003.
Other Regional TOBY
MAC Winners:
• Over 1 Million s/f: 1633 Broadway, New York;
• 500,000 - 1 Million s/f: Three Parkway, Philadelphia;
• 100,000 - 249,999 s/f: 110 East 2nd St., New York;
Under 100,000 s/f: 999 Riverview Drive, New Jersey;
• Earth Award: Hearst Tower, New York;
• Renovated: Chevy Chase Pavilion, Metropolitan Washington;
• Corporate Facility: 22 Sylvan Way, New Jersey;
• Industrial Park: Raritan Business Center, New Jersey; and
• Suburban Mid-Rise: Carnegie Center, New Jersey.
The Office Building of the Year (TOBY) categories are separated by total square footage, and building type including:, corporate facility, government building, sustainable building (Earth Award), historical building, renovated building, industrial office park, and suburban mid and low-rise. This year, BOMA Boston honored buildings in 13 different categories, covering city and suburban buildings.
BOMA Boston, a division of the Greater Boston Real Estate Board and a federated chapter of BOMA International, represents owners and managers of over 150 million s/f of commercial real estate in the Greater Boston area. BOMA Boston provides the best professional knowledge and networking opportunities in the Greater Boston real estate industry. These opportunities are provided through interactive educational programs and committee work; publication of local, state, national and international industry news and initiatives; legislative and regulatory representation; and community involvement.
Founded in 1889, the Greater Boston Real Estate Board counts as its members more than 7,500 professionals engaged in all sectors of the industry. One of the local boards of the National Association of Realtors (the largest trade association in North America), BOMA International and the National Apartment Association, GBREB is considered unique nationally due to its varied membership base.
The board also has five major divisions which are: Building Owners and Managers Association; Commercial Brokers Association; Real Estate Finance Association; Rental Housing Association; Greater Boston Association of Realtors.
The Annual BOMA TOBY Awards recognize the best operations and management in commercial real estate. The Awards are part of the BOMA International TOBY Awards and awards are given in 14 categories for best practices in building operations. The winners of the BOMA Boston TOBY Awards have the opportunity to compete at the regional and international levels of BOMA.