Three Columbia Property Trust Assets Designated as BOMA 360 Performance Buildings in 2014
Eight total Columbia properties have been recognized by BOMA International for best practices in building operations and management
ATLANTA--(BUSINESS WIRE)--Columbia Property Trust, Inc. is pleased to announce that three of its northeast properties were recently designated a BOMA 360 Performance Building by the Building Owners and Managers Association (BOMA) International. These designees include 100 East Pratt in Baltimore, Maryland; the International Financial Tower at 95 Christopher Columbus Drive in Jersey City, New Jersey; and Market Square at 701 and 801 Pennsylvania Avenue in Washington, D.C.
“By achieving the BOMA 360 designation, Columbia’s management teams have demonstrated to their owners, tenants, prospective tenants and communities that these properties are being managed to the highest standards of excellence.”
The BOMA 360 Performance Program® uses a holistic evaluation approach to validate and recognize commercial properties that demonstrate best practices in building operations and management, benchmarking a building’s performance against industry standards in six key areas: operations and management; security and safety; training and education; energy; environment and sustainability; and tenant relations.
“We believe providing our tenants with best-in-class service and a superbly managed building can support value for our shareholders,” said Drew Cunningham, Senior Vice President of Real Estate Operations for Columbia Property Trust. “The BOMA 360 Performance Program has given us a meaningful way to demonstrate our commitment to excellence, and we are thrilled to receive these important recognitions.”
“We are proud to designate each of these Columbia Property Trust assets as a BOMA 360 Performance Building in recognition of the high standards their respective management teams have achieved in every aspect of building operations and management,” said BOMA International 2013-2014 Chair Rich Greninger, managing director with Carr Properties. “By achieving the BOMA 360 designation, Columbia’s management teams have demonstrated to their owners, tenants, prospective tenants and communities that these properties are being managed to the highest standards of excellence.”
In addition to the above listed properties, five other Columbia Property Trust buildings have previously received the BOMA 360 Performance Building designation and remain in good standing, including Key Center in Cleveland, Ohio; One and Three Glenlake in Atlanta; and Highland Landmark III and Corridors III in Chicago.
About Columbia Property Trust
One of the nation’s largest office REITs, Columbia Property Trust invests in high-quality commercial office properties in primary U.S. markets and has achieved an investment-grade rating from both Moody's and Standard & Poor’s rating services. As of May 8, 2014, Columbia Property Trust’s portfolio included 44 properties, consisting of 60 operational buildings and comprising approximately 16.8 million square feet of office space in 13 states and the District of Columbia. For information about Columbia Property Trust, visit www.ColumbiaPropertyTrust.com.