(HOUSTON) – Hines, the international real estate firm, announced today that two Hines-managed properties in Houston were honored with The Outstanding Building of the Year® (TOBY®) Awards at the Building Owners and Managers Association (BOMA) International’s annual conference, the 2016 BOMA International Conference & Expo.
717 Texas was named the winner in the Earth category, and BG Group Place was named the winner in the 500,000 to One Million Square Feet category. Each property beat out six other regional winner nominees in their categories in order to receive this honor.
This year marked the 30th anniversary of the awards, which are 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 TOBY Awards validate our commitment to provide tenants with energy-efficient, cost-effective and productive work spaces. Receiving these awards demonstrates to our owners, tenants and the community that our properties are managed to the highest standard of excellence,” said Hines General Property Manager Amy Wagner.
About BOMA International
The Building Owners and Managers Association (BOMA) International is a federation of 91 BOMA U.S. associations and 18 international affiliates. Founded in 1907, BOMA represents the owners and managers of all commercial property types including 10.5 billion square feet of U.S. office space that supports 1.7 million jobs and contributes $234.9 billion to the U.S. GDP. Its mission is to advance a vibrant commercial real estate industry through advocacy, influence and knowledge. Learn more at www.boma.org.
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 182 cities in 20 countries. Hines has $89.1 billion of assets under management, including $42.5 billion for which Hines provides fiduciary investment management services, and $46.6 billion for which Hines provides third-party property-level services. The firm has 109 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,126 properties, totaling over 351 million square feet. The firm’s current property and asset management portfolio includes 457 properties, representing over 193 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.