NEWTON, Mass.--(BUSINESS WIRE)--Government Properties Income Trust (Nasdaq: GOV) today announced that two of its properties have recently been recognized by separate organizations for excellence. The properties are located at 711 S 14th Avenue, Safford, AZ and 7401 Corporate Center, Lakewood, CO.
GOV’s 711 S 14th Avenue property in Safford, AZ has been designated a BOMA 360 Performance Building by the Building Owners and Managers Association (BOMA) International 360 Performance Program. The BOMA 360 Performance Program® sets standards that are often referred to in the market for operational best practices in the commercial real estate industry. Earning the BOMA 360 label indicates that BOMA believes this building is outperforming the competition with regard to its operations and management.
GOV’s 7401 Corporate Center property in Lakewood, CO has been designated a BOMA 360 Performance Building and additionally has received U.S. Environmental Protection Agency (EPA) ENERGY STAR certification for the fifth consecutive year in 2017. To be eligible for ENERGY STAR certification, a building must earn an ENERGY STAR score of 75 or higher, indicating that it performs better than at least 75% of similar buildings nationwide. The Lakewood property achieved an ENERGY STAR score of 94.
Both properties are managed by RMR Real Estate Services, a division of The RMR Group LLC. The RMR Group LLC manages Government Properties Income 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 650 buildings with over 75 million square feet of commercial office, industrial, medical office, lab and retail space that are managed by The RMR Group LLC.
About Government Properties Income Trust
GOV is a real estate investment trust, or REIT, which primarily owns properties located throughout the United States that are majority leased to the U.S. Government and other government tenants and office properties in the metropolitan Washington, D.C. market area that are leased to government and private sector tenants. GOV is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, Massachusetts.
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 June 30, 2017, The RMR Group LLC had approximately $27.9 billion of total assets under management, including more than 1,400 properties, and employed over 475 real estate professionals in more than 30 offices throughout the United States; the companies managed by The RMR Group LLC collectively had approximately 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.