Dec 22 2009
Transwestern’s Houston headquarters today announced that Marathon Oil Tower is the first building to be designated a BOMA 360 Performance Building in Houston’s Galleria submarket. Marathon is a Class A, 1,070,210 square foot office building located at 5555 San Felipe.
Marathon Oil Tower
The building is owned by a partnership controlled and managed by Hanover Real Estate Partners, Greenwich, Connecticut. Hanover is a privately-owned real estate investment company focused on owning, managing and operating institutional grade commercial real estate assets for its own account and on behalf of individual private equity investors and institutional joint venture partners.
BOMA International developed the BOMA 360 Performance Program, a ground breaking new program designed to validate and recognize commercial properties that demonstrate best practices in all major areas of building operations and management. The program is an online self-assessment that evaluates properties in six major areas: building operations and management; life safety/security/risk management; training and education; energy; environment/sustainability; and tenant relations/community involvement and benchmarks a building’s performance against industry standards. A BOMA 360 Performance Building designates that a property is being managed to the highest standards of excellence.
“Transwestern is extremely pleased that Marathon Oil Tower has received this recognition and acknowledgement from BOMA. This designation represents a high standard of operational property management and maintenance and sets the building apart from competitive properties in the market. Hanover Real Estate Partners has provided a strong ownership entity which has allowed us to maximize our strengths and elevate the overall performance of the building,” commented Pat Grimes, senior vice president with Transwestern.
Additionally, Marathon Oil Tower was the international recipient of the 2006 BOMA International Building of the Year (“TOBY”) Award for office projects above one million square feet and has been an ENERGY STAR® benchmarked property for the past six years.
Source: http://www.transwestern.net/