NEWTON, Mass.--(BUSINESS WIRE)--
The
RMR Group Inc. (Nasdaq: RMR) today announced that its majority owned
operating subsidiary, The RMR Group LLC (RMR LLC), received the 2019
ENERGY STAR® Partner of the Year Award for its outstanding efforts as a
Service and Product Provider in executing ENERGY STAR related activities
at buildings it manages on behalf of its client companies. These
accomplishments will be recognized by the U.S. Environmental Protection
Agency and the U.S. Department of Energy at a ceremony in Washington,
D.C. on April 11, 2019.
RMR LLC is responsible for providing all aspects of property management
services to more than 700 buildings containing over 75 million square
feet of commercial office, industrial, medical office, life science and
retail space. In total, RMR LLC manages 86 buildings that are ENERGY
STAR certified.
As a result of RMR LLC’s energy management programs, one of its client
companies, Office Properties Income Trust (Nasdaq: OPI), also received
the ENERGY STAR Partner of the Year Award in 2019 and 2018.
“Recognition from the U.S. Department of Energy is a testament to the
efforts of our engineering, sustainability and property management
team,” said Adam Portnoy, President and Chief Executive Officer of RMR.
“Our vertically integrated property management platform includes energy
efficiency programs which are good for the environment, drive
operational efficiency and reduce costs for tenants.”
“I applaud the 2019 ENERGY STAR Award Winners,” said EPA Assistant
Administrator for Air and Radiation Bill Wehrum. “Their innovation and
leadership enhance America’s economic competitiveness. Reducing costly
energy waste improves air quality and public health while protecting the
environment.”
The ENERGY STAR Partner of the Year award recognizes ENERGY STAR partner
businesses and organizations in good standing that demonstrate superior
leadership, innovation, and commitment to environmental protection
through energy efficiency and ENERGY STAR.
For a complete list of 2019 winners and more information about ENERGY
STAR’s awards program, visit energystar.gov/awardwinners.
About Office Properties Income Trust
Office Properties Income Trust is a real estate investment trust, or
REIT, focused on owning, operating and leasing buildings primarily
leased to single tenants and those with high credit quality
characteristics like government entities. OPI is managed by the
operating subsidiary of The RMR Group Inc. (Nasdaq: RMR).
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 December 31,
2018, The RMR Group LLC had approximately $29.7 billion of total assets
under management, including more than 1,500 properties, and employed
almost 600 real estate professionals in more than 30 offices throughout
the United States; the companies managed by The RMR Group LLC
collectively had over 50,000 employees. The RMR Group Inc. is
headquartered in Newton, Massachusetts.
About ENERGY STAR
ENERGY STAR® is the government-backed symbol for energy efficiency,
providing simple, credible, and unbiased information that consumers and
businesses rely on to make well-informed decisions. Thousands of
industrial, commercial, utility, state, and local
organizations—including more than 40 percent of the Fortune 500®—rely on
their partnership with the U.S. Environmental Protection Agency (EPA) to
deliver cost-saving energy efficiency solutions. Since 1992, ENERGY STAR
and its partners helped save American families and businesses nearly 4
trillion kilowatt-hours of electricity and achieve over 3 billion metric
tons of greenhouse gas reductions. In 2017 alone, ENERGY STAR and its
partners helped Americans avoid $30 billion in energy costs. More
background information about ENERGY STAR can be found at: energystar.gov/about
and energystar.gov/numbers.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20190411005189/en/
Timothy A. Bonang, Senior Vice President
(617) 796-8230
Source: The RMR Group Inc.