The RMR Group Inc. Announces Eight Property Awards

07/24/2019

Eight Buildings Managed by The RMR Group Recognized for Excellence by Industry Organizations

NEWTON, Mass.--(BUSINESS WIRE)-- The RMR Group Inc. (Nasdaq: RMR) announced that eight properties managed by The RMR Group LLC were recognized for excellence by the Building Owners and Managers Association (BOMA) and U.S. Green Building Council (USGBC).

The honors achieved are as follows:

PROPERTY NAME

CITY

STATE

BUILDING AWARD

15451 North 28th Avenue

Phoenix

AZ

BOMA 360 Designation

9174 Sky Park Court

San Diego

CA

BOMA 360 Designation

251 Causeway Street

Boston

MA

LEED Silver Certification

One Montvale Avenue

Stoneham

MA

LEED Silver Recertification

11411 E. Jefferson Avenue

Detroit

MI

BOMA 360 Designation

2200 County Road C West

Roseville

MN

BOMA 360 Designation

5000 Corporate Court

Holtsville

NY

LEED Silver Recertification

65 Bowdoin Street

South Burlington

VT

LEED Silver Certification

These honors were awarded between January and June 2019 to properties managed by The RMR Group LLC, on behalf of client companies which own these properties. The RMR Group LLC is responsible for providing all aspects of property management services to over 700 buildings with over 75 million rentable square feet of commercial office, industrial, medical office, life science and retail space.

Four properties managed by RMR were designated as BOMA 360 Performance Buildings by BOMA. 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 BOMA 360 label indicates that BOMA believes the property is outperforming the competition with regard to its operations and management.

Two properties were certified LEED Silver by the USGBC for the first time, while One Montvale Avenue in Stoneham, Massachusetts, and 5000 Corporate Court in Holtsville, New York, both achieved recertification. Certification for LEED, or Leadership in Energy and Environmental Design, is a building-level certification that measures site features, water & energy efficiency, resource management and indoor environment.

About The RMR Group

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; and the companies managed by The RMR Group LLC collectively had approximately 50,000 employees. The RMR Group Inc. is headquartered in Newton, Massachusetts.

Timothy A. Bonang, Senior Vice President
(617) 796-8230

Source: The RMR Group Inc.

Cautionary Language

The information appearing in RMR's website includes statements which constitute forward looking statements. These forward looking statements are based upon RMR's present intents, beliefs or expectations, but forward looking statements are not guaranteed to occur and may not occur. RMR's actual results may differ materially from those contained in RMR's forward looking statements. The information contained in RMR's filings with the Securities and Exchange Commission (SEC), including under “Risk Factors” and “Warnings Concerning Forward Looking Statements” in RMR's periodic reports and other filings, identifies important factors that could cause RMR's actual results to differ materially from those stated or implied in RMR's forward looking statements. RMR's filings with the SEC are available on the SEC’s website at www.sec.gov and are also accessible on RMR's website at the following link: SEC Filings. You should not place undue reliance upon forward looking statements. Except as required by law, RMR does not intend to update or change any forward looking statements as a result of new information, future events or otherwise.

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