NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced it was recognized as a Silver-level 2019 Green Lease Leader at the 2019 Building Owners and Managers Association (BOMA) International Annual Conference in Salt Lake City, Utah.
Developed by the Institute for Market Transformation and the U.S. Department of Energy’s Better Buildings Alliance, the Green Lease Leader program sets national standards for green leasing and recognizes leaders in the industry who have effectively developed owner and tenant agreements as a tool to collaborate and promote high-performance, energy efficient properties. Portfolio owners are required to meet prerequisites and specific criteria to be eligible for recognition.
This honor follows recent recognition of OPI’s business practices and portfolio by other industry and government organizations. OPI was named ENERGY STAR® Partner of the Year by the U.S. Environmental Protection Agency and the U.S. Department of Energy in both 2018 and 2019. Currently, 71 properties in OPI’s portfolio are ENERGY STAR certified. Additionally, 17 OPI properties are designated as 360 Performance Buildings by BOMA, which recognizes best operational practices in the commercial real estate industry.
All properties owned by OPI are managed by The RMR Group LLC, the majority owned operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), which is responsible for providing all aspects of property management services to more than 700 properties that contain over 75 million square feet of commercial office, industrial, medical office, life science and retail space.
“Recognition as a Green Lease Leader underscores our commitment to environmental stewardship and continued efforts to uphold our sustainability initiatives,” said David Blackman, President and Chief Executive Officer of OPI.
About Office Properties Income Trust
Office Properties Income Trust is a real estate investment trust, or REIT, focused on owning, operating and leasing buildings primarily leased to single tenants and those with high credit quality characteristics like government entities. OPI is managed by the operating subsidiary of The RMR Group Inc.
About The RMR Group Inc.
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 nearly 600 real estate professionals in more than 30 offices throughout the United States; the companies managed by The RMR Group LLC collectively had approximately 50,000 employees. The RMR Group Inc. is headquartered in Newton, Massachusetts.
A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.
No shareholder, Trustee or officer is personally liable for any act or obligation of the Trust.
