Last Night's TOBY Awards!
In property management's most anticipated night of the year, BOMA International Convention & Expo attendees packed Los Angeles' JW Marriott to find out which buildings would take home the coveted International TOBY Award, the highest honor bestowed upon a building's operational team. Former BOMA chair Joe Markling of CBRE and Boyd Zoccola of Hokanson Cos hosted (forever scratching out our horrible memories of Neil Patrick Harris at the Oscars).
The "Grandaddy of Them All," as Joe calls the 1M SF-plus award, went to Minneapolis' Capella Tower, a two-building structure (55 and 19 stories) that serves more than 3,500 tenants and 1,000 guests each day. The building is managed by the Ryan Cos and owned by Minneapolis 225 Holdings LLC. Each award was presented by (center to right) BOMA immediate past chair John Oliver of Oliver & Co, Parmenter's Steve Harrison, Kimberly-Clark Professional*'s Richard Marriott and Mars Drinks' Frank LaRusso.
The other size-specific TOBY Award winners:
- 500,000-1M SF: 20 Queen Street West, Toronto (Management: The Cadillac Fairview Corp; Owner: ONTREA Inc)
- 250,000-499,999 SF: 17Seventeen McKinney, Dallas (Management: Granite Properties; Owner: Granite Properties and Met Real Estate)
- 100,000-249,999 SF: Creve Coeur Center IV, Creve Coeur, MO (Management: DTZ; Owner: I&G Direct Real Estate 18)
- Under 100,000 SF: M@dison Theatre Building, Detroit (Management: Bedrock Real Estate Services; Owner: Madison Theatre Building LLC)
This year's International TOBY Awards had a new category that focused on retail. This inaugural TOBY went to Brampton, Ontario's Bramalea City Centre, a 1.7M SF center owned and managed by Morguard Investments. Anchored by Best Buy, Hudson's Bay, Metro and Sears, the property won one of four awards snagged by Canada last night, including the aforementioned 20 Queen Street West.
The other two:
- Earth Award: World Exchange Plaza, Ottowa (Management: Bentall Kennedy; Owner: bcIMC Realty Corp)
- Industrial Office Building: Rangewinds Business Park, Calgary (Management: Bentall Kennedy; Owner: Sun Life Assurance Company of Canada)
BOMA Dallas members took home another three awards in addition to 17Seventeen McKinney. Above is the team from Preston Commons, which won the Renovated Building TOBY. The three-building property, owned by KBS Realty Advisors and managed by CBRE, not only has the amenities you'd expect, but bike check-outs, an on-site car wash, complimentary manicures on Friday and a free shoeshine station. It's the second year in a row that the Dallas CBRE team won this award.
- Corporate Award: Hunt Corporate HQ, Dallas (Management: Hunt Office Management Inc; Owner: Hunt Consolidated)
- Suburban Mid-Rise Office Park: Tollway Plaza, Dallas (Management: CBRE; Owner: CBRE Global Investors)
The Historical Building TOBY went to Invesco and Monday Properties' 230 Park Avenue in Manhattan, which was originally developed by the New York Central Railroad as its HQ in 1928. The 1.4M SF tower is NYC's first and oldest building to achieve both Energy Star and LEED-EB Gold certifications, thanks to an eight-year, $100M renovation. Monday Properties Services is the manager.
The rest of the awards:
- Government Award: Coleman A. Young Municipal Center, Detroit (Management: Hines/Porcher; Owner: Detroit-Wayne Joint Building Authority)
- Medical Office Building: Memorial Hermann Memorial City Medical Plaza 4, Houston (Management: Transwestern; Owner: Memorial Hermann Health Systems)
- Suburban Low-Rise Office Park: Kilroy Centre Del Mar, San Diego (Management and Owner: Kilroy Realty Corp)