Two BOMA Member Properties Win Prestigious Commercial Real Estate Award
Tuesday, April 14, 2020
Posted by: Matthew Peralta
SAN JOSE – The Building Owners and Managers Association (BOMA) of Silicon Valley announced that two local properties have won the BOMA International Pacific Southwest regional competition of The Outstanding Building of the Year (TOBY) Award.
“The TOBY Award is the most prestigious honor of its kind in the commercial real estate industry,” said BOMA President Noreen Castillo. “The award is a testament not only to the dedication and commitment of the property management company, but also their entire management team, the building engineers, and the property owners. BOMA Silicon Valley is excited to cheer them on as they move to the international level of the competition."
The TOBY Award in the EARTH Category, which recognizes buildings that have made significant efforts to address environmental issues, was awarded to Oracle-owned 488 Almaden Boulevard in Downtown San Jose, managed by Embarcadero Realty Services.
“This award identifies 488 Almaden as a showcase example of sustainability and demonstrates our leadership in transforming the building industry. This is an impressive achievement and we are honored to be recognized for all our efforts,” said Brandi Calderon, Property Manager at 488 Almaden.
The TOBY Award in the Under 100,000 Square Feet Office Building category was awarded to 100 View Street in Mountain View, California, which is owned by 500 View LLC and managed by Cushman & Wakefield.
“The TOBY Awards recognize the best of the best in commercial building management across the country, and we are honored to have won at the local and now regional level. It’s a statement to our team’s work every day to serve our tenants and continue to stand out in a competitive industry,” said Cortney Shadel, Property Manager at 100 View.
BOMA International’s Pacific Southwest Region includes California, Arizona, Hawaii, and Nevada. All regional winners first won on the local level after going through rigorous building inspections and a detailed written application process, which are then judged at the regional level.
Applicants are judged on tenant relations, commitment to environmental sustainability, emergency preparedness, budgeting, work order systems, security standards, staff experience and continuing education opportunities. The winners will now proceed to the international competition, and winners will be awarded on June 30, 2020 at the BOMA International Conference in Philadelphia, Pennsylvania.