NEWTON, Mass.--(BUSINESS WIRE)--Senior Housing Properties Trust (Nasdaq: SNH) today announced that its 28515 Westinghouse Place property in Valencia, CA won The Building of the Year (TOBY) Award in the 100,000 to 249,000 square foot category from the Building Owners and Managers Association International (BOMA) for Greater Los Angeles.
The property is a 146,385 square foot medical office building leased as U.S. corporate headquarters to Advanced Bionics. This five-story, Class A, LEED Silver Certified office building in the Valencia submarket of Santa Clarita, CA sits within the Summit Oaks Commercial Park, located adjacent to Interstate 5. Amenities include a three-story parking garage and surface parking, an outdoor seating area with a fountain, showers and a large employee break room.
The property is managed by RMR Real Estate Services, a division of The RMR Group LLC. The RMR Group LLC manages Senior Housing Properties Trust and it is the majority owned operating subsidiary of The RMR Group Inc. (Nasdaq: RMR). RMR Real Estate Services is responsible for providing all aspects of property management services to more than 600 buildings with over 65 million square feet of commercial office, industrial, medical office, lab and retail space that are managed by The RMR Group LLC.
About Senior Housing Properties Trust
Senior Housing Properties Trust is a real estate investment trust, or REIT, which owns senior living communities, medical office buildings and wellness centers throughout the United States. SNH is managed by The RMR Group LLC, the majority owned operating subsidiary of The RMR Group Inc. (Nasdaq: RMR) and alternative asset management company that is headquartered in Newton, MA.
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 December 31, 2016, The RMR Group LLC had approximately $27.2 billion of total assets under management, including more than 1,400 properties, and employed over 450 real estate professionals in more than 30 offices throughout the United States; the companies managed by The RMR Group LLC collectively had over 53,000 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.