The Oil & Gas Journal, first published in 1902, is the world's most widely read petroleum industry publication. OGJ delivers international oil and gas industry news; analysis of issues and events; practical technology for design, operation, and maintenance of oil and gas operations; and important statistics on energy markets and industry activity.

OGJ is edited to meet the needs of engineers, geoscientists, managers, and executives throughout the oil and gas industry. It is part of Endeavor Business Media, Nashville, Tenn., which also publishes Offshore Magazine.

Endeavor Business Media’s Petroleum Group also produces targeted e-Newsletters; hosts global conferences and exhibitions, seminars, and forums; and publishes directories, technical books, print and electronic databases, surveys, and maps.

Additional Information

Website & Technical Help

For help with subscription purchases or refunds, or trouble logging into the paid subscription content on www.ogj.com, please contact Customer Service at [email protected] or call 1-847-559-7598.

For more customer service information, please click here.

The RMR Group Inc. Reports 79 Leases Totaling Approximately 3.4 Million Square Feet of Leasing for the Three Months Ended March 31, 2021

RMR Demonstrates Continued Momentum with 32 New and 47 Renewal Leases Nationwide

The RMR Group Inc. (Nasdaq: RMR) today announced the execution of 79 new and renewal leases totaling approximately 3.4 million square feet during the three months ended March 31, 2021 for its clients. This includes 32 new leases for a total of approximately 480,000 square feet, and 47 renewal leases for a total of over 2.9 million square feet.

Adam Portnoy, President & Chief Executive Officer, made the following statement:

“We are pleased with the continued leasing momentum across our nationwide portfolio during the first three months of 2021. RMR executed approximately 3.4 million square feet of new and renewal leases, an increase both sequentially and year-over-year, with a weighted average lease term of approximately nine years.”

The RMR Group provides property management services nationwide for nearly 1,300 properties with approximately 91 million square feet of office, industrial, medical office, life science and retail space. RMR exclusively provides property management services to its clients and does not offer stand-alone property management services to third-parties.

About The RMR Group

The RMR Group Inc. (Nasdaq: RMR) is a holding company and substantially all of its business is conducted by its majority owned subsidiary, The RMR Group LLC, or RMR. RMR is a leading U.S. alternative asset management company, unique for its focus on commercial real estate (CRE) and related businesses. RMR’s vertical integration is supported by its more than 600 real estate professionals in over 30 offices nationwide who manage approximately $32 billion in assets under management and leverage 35 years of institutional experience in buying, selling, financing and operating CRE. RMR is headquartered in Newton, MA and was founded in 1986. For more information, please visit www.rmrgroup.com.

Contacts

Christopher Ranjitkar

Senior Director, Marketing & Corporate Communications

(617) 219-1473

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.