Senior Housing Properties Trust Announces 2200 County Road C West Achieves BOMA 360 Designation
22 Juli 2019 - 2:00PM
Business Wire
Senior Housing Properties Trust (Nasdaq: SNH) today announced
that its 2200 County Road C West property, located in Roseville,
MN, was designated as a 360 Performance Building by the Building
Owners and Managers Association (BOMA) International Program
Council earlier this year.
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 360 label indicates
that BOMA believes a property is outperforming the competition with
regard to its operations and management.
The 23,508 square foot, medical office property, situated
approximately 10 miles northeast of Minneapolis, is managed by The
RMR Group LLC, which manages Senior Housing Properties Trust and is
the majority owned operating subsidiary of The RMR Group Inc.
(Nasdaq: RMR). The RMR Group LLC is responsible for providing all
aspects of property management services to more than 700 properties
with over 75 million square feet of commercial office, industrial,
medical office, life science and retail space.
About Senior Housing Properties Trust
SNH is a real estate investment trust, or REIT, that owns
medical office and life science properties, senior living
communities and wellness centers throughout the United States. SNH
is managed by the operating subsidiary of The RMR Group Inc.
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 March 31, 2019, The RMR Group LLC had
approximately $30.0 billion of total assets under management,
including more than 1,500 properties, and employed approximately
600 real estate professionals in more than 30 offices throughout
the United States; the companies managed by The RMR Group LLC
collectively had approximately 50,000 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20190722005205/en/
Michael Kodesch, Director, Investor Relations (617) 796-8234
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