Chicago Real Estate Managers Honored

April 07, 2011

It’s TOBY time.

The TOBY awards, which stands for “The Outstanding Building of the Year,” honors excellence in office building management in a variety of categories. It is one of the most prestigious programs in the commercial real estate industry.

Today, the Building Owners and Managers Association of Chicago (BOMA/Chicago) announced that four of its members have achieved a regional prize by the North Central Region of the Building Owners and Managers Association.

Regional TOBY Award winners demonstrate the highest standards in building management, tenant relations, environmental and sustainability initiatives, emergency preparedness, security standards and continuing education opportunities for staff members.

The BOMA/Chicago buildings members that earned regional TOBY Awards:

* 250,000 to 499,000 Square Feet: 303 West Madison Street, managed by CB Richard Ellis and owned by 303 Madison Chicago, LLC.

* 500,000 to One Million Square Feet: The United Building, located at 77 West Wacker Drive, managed by Jones Lang LaSalle Americas (Illinois) LP and owned by 77 West Wacker Drive, LLC.

* Government Building: The Ralph H. Metcalfe Federal Building, located at 77 West Jackson Boulevard, owned and managed by the General Services Administration.

* Earth Award: FBI Chicago Regional Office, located at 2111 West Roosevelt Road, managed by USAA Real Estate Company and owned by FBI Chicago Partners, LLC.

As regional TOBY Award winners, these four members qualify for the BOMA International TOBY Awards, which will be announced June 28 at the BOMA 2011 International Conference and Every Building Show in Washington, D.C.

Last year, BOMA/Chicago building member the Aon Center won the International TOBY in the Over One Million Square Feet category.

“The high number of regional TOBY Awards our building members took home this year underscores our members’ commitment to deploying tailored property management strategies that meet the unique needs of buildings and tenants,” said Michael Cornicelli, executive vice president of BOMA/Chicago.

“Our building members are truly the foundation of Chicago’s commercial real estate community, and we are proud to celebrate their outstanding achievements and recognize them for their continued industry leadership.”

Did you know that the 109-year-old BOMA/Chicago is the oldest BOMA Association in the world? It’s true. Let’s hope Chicago real estate managers continue to make them proud in June.

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