by Brianna Crandall — March 4, 2016—The Building Owners and Managers Association (BOMA) International just announced that in the fourth quarter (Q4) of 2015, the organization conferred the BOMA 360 Performance Program designation upon properties in commercial real estate markets around the globe, including the first 360 designation in China: the Jiaming Center in Beijing.
The program continues to expand its reach in approximately 70 markets worldwide; since the program’s inception in 2009, more than 1,300 designations have been conferred.
The BOMA 360 Performance Program evaluates commercial properties in six major areas:
- Building operations and management
- Life safety / security / risk management
- Training and education
- Energy
- Environment / sustainability
- Tenant relations / community involvement
BOMA says that earning a BOMA 360 designation offers buildings tangible results, measured through higher tenant retention and satisfaction scores, higher rental rates, and documented operations and management savings and efficiencies, as reported in designee surveys and by CoStar and Kingsley Associates.
The new class of BOMA 360 properties ranges from the historic Wrigley Building in Chicago, built in 1922, and 450 Sutter Building in San Francisco, completed in 1929, to such newer buildings as The Medici Building in Atlanta, built in 2008, and Six Gateway in Salt Lake City, completed in 2012. The full list of the Q4 BOMA 360 designees is available on the BOMA announcement of the latest group.
