by Brianna Crandall — July 22, 2016 — The commercial real estate industry honored 15 commercial properties with The Outstanding Building of the Year or TOBY Awards at the Building Owners and Managers Association (BOMA) International’s recent annual conference, the 2016 BOMA International Conference and Expo in Washington, DC. This year marked the 30th anniversary of the awards.
The TOBY Awards are said to be the commercial real estate industry’s highest recognition honoring excellence in commercial building management and operations in specific categories of building size or type. To win an International TOBY Award, a property first must win both local and regional competitions.
Judging is based on community impact, tenant/employee relations programs, energy management systems, accessibility, emergency evacuation procedures, building personnel training programs and overall quality indicators. A team of expert industry professionals also conducted comprehensive building inspections.
The following properties were honored with 2016 TOBY Awards in the stated categories:
- Corporate Facility: Oracle Redwood Shores, Redwood City, CA; Owned and managed by Oracle America, Inc.
- Earth: 717 Texas, Houston, TX; Owned by Block 59 LP, managed by Hines
- Government Building: 1500 Jefferson Building, Olympia, WA; Owned by FYI Properties, managed by Wright Runstad & Company
Two Washington state agencies occupy 1500 Jefferson, enjoying a high-tech office building, conference and training center with advanced audio visual equipment, excellent customer service, secured bicycle storage, shower facilities, employee lounge areas and a deli/restaurant. Photo courtesy of Wright Runstad & Company
- Historical Building: Ford Center, Minneapolis, MN; Owned by Ford United Tenant, LLC, managed by Cushman & Wakefield / NorthMarq
- Industrial Office Building: Freeport X, Coppell, TX; Owned and managed by Duke Realty
- Medical Office Building: TRIA Orthopaedic Center, Bloomington, MN; Owned by United Properties Investment, LLC, managed by Cushman & Wakefield / NorthMarq
- Renovated Building: Park Place Irvine, Irvine, CA; Owned and managed by LBA Realty
- Retail Building: CF Polo Park Shopping Centre, Winnipeg, Manitoba, Canada; Owned by Ontrea Inc., managed by the Cadillac Fairview Corporation Ltd.
- Suburban Office Park Low-Rise: Stoneridge Corporate Plaza, Pleasanton, CA; Owned by NPC Holdings, LLC, managed by Next Play Consulting, LLC
- Suburban Office Park Mid-Rise: Kilroy Airport Center Long Beach, Long Beach, CA; Owned and managed by Kilroy Realty Corporation
BG Group Place in Houston, TX, owned by BG Holdco, LLC, and managed by Hines, secured the 500,000 to One Million Square Feet category TOBY Award. Photo courtesy of Hines
- Buildings Under 100,000 Square Feet: 564 West Randolph, Chicago, IL; Owned by 564 W. Randolph, LLC and managed by Sterling Bay Property Management
- 100,000 to 249,999 Square Feet: 200 Ashford Center North, Atlanta, GA; Owned and managed by Parmenter Realty Partners
- 250,000 to 499,999 Square Feet: 700 Sixth Street, Washington, DC; Owned by USAA Real Estate Company, managed by Akridge, Inc.
- 500,000 to One Million Square Feet: BG Group Place, Houston, TX; Owned by BG Holdco, LLC, and managed by Hines
- Over One Million Square Feet: AMA Plaza, Chicago; Owned by 330 N. Wabash Avenue, LLC, and managed by Riverview Realty Property Management, Inc.
The 2016 TOBY Awards were sponsored by The Home Depot.
