Three CBRE/New England-Managed Properties Win Mid-Atlantic BOMA TOBY Awards

Boston – April 10, 2017 – CBRE/New England announced 501 Boylston Street, 177 Huntington Avenue and ONE Marina Park Drive, all located in Boston, won Mid-Atlantic BOMA TOBY awards in their respective categories.

The Office Building of the Year award (TOBY) is bestowed upon buildings on a local, regional and international basis and the Building Owners and Managers Association (BOMA) considers these winners to be the “best of the best” in property management, building operations and service in the real estate industry in several categories. BOMA Boston award winners moved onto the regional competition, which took place on April 6-7 in Hershey, PA. These buildings will advance to the BOMA International TOBY Awards on Tuesday, June 27 in Nashville, TN.

501 Boylston Street, regional winner in the Historical Building category, serves as a connector between Boylston and Newbury Streets. The former MIT building site, comprising of nearly an entire city block, has served as the home to major financial institutions such as New England Mutual Life Financial, Met Life and currently serves as home to the world's largest learning company, Pearson Education. Recently, TH Real Estate has transformed the identity of the formerly Met Life occupancy, into a reenergized and elegant structure, providing the ultimate location for companies seeking unrivaled amenities and accessibility. Strategically located in the heart of the city's premier retail and business destination, 501 Boylston Street marks the crossroad for commerce and convenience. CBRE/NE's Nick Trocki, William Wrang, Gus Galotti, Joe Bassick, Will Carruthers, John Thompson, Peter Smith and Dimitri Ross comprise the 501 Boylston Street Asset Services team.

177 Huntington Avenue was a regional winner in the Renovated Building category. Extensive renovations for the 28-story building began in 2012, shortly after the building was acquired by the current ownership, Beacon Capital Partners. $20 million in capital improvement costs covered projects including a new lobby, the main entrance, a café, a utility separation from the Church's campus including a new chilled water plant, satellite dish removal and the construction of a tenant amenity center that includes a fitness center, locker rooms and a conference room. Life safety capital improvements covered a full elevator and escalator modernization, a full façade project, a new emergency generator, a new steam service along with garage entry improvements. CBRE/NE's Harrison Smith, Steve Verity, Jeronimo Madrid and Faith Farnham comprise the 177 Huntington Avenue Asset Services team.

ONE Marina Park Drive took home the regional award for the 250,000-499,900 SF Building category. Rising along the waterfront, the 18-story property owned in a joint venture by The Fallon Company and Barings Real Estate Advisers, was the first building of its kind developed at Fan Pier, an eight-parcel Boston waterfront site located in the thriving Seaport District. The property separates itself from its competition by its modern design, two LEED certifications, unprecedented waterfront access and open public green spaces. In addition, the building offers a tenant fitness center, transportation throughout Boston via a property-managed shuttle service, “The Cricket,” and to North Station through a private, consolidated shuttle, outdoor and lobby Wi-Fi connectivity, a Hubway bike station and shower stalls on every floor plate to encourage exercise and alternative commuting. CBRE/NE's Shawn Carroll, Gillian Dudeck, Andrew Blouin, Dave Martin, Ryan Donoghue, Tony Schiavone and John Taylor comprise the ONE Marina Park Drive Asset Services team.

About CBRE/New England
CB Richard Ellis – N.E. Partners, LP, a joint venture with CBRE Group, Inc. has offices in Massachusetts, Connecticut, Rhode Island, Maine and New Hampshire. Please visit our website at www.cbre-ne.com. CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.