Company Achieves Sustained Excellence Designation for Fourth Year in a Row
The RMR Group (Nasdaq: RMR) today announced that it received the 2024 ENERGY STAR® Partner of the Year Award for the sixth consecutive year. RMR was also recognized as an ENERGY STAR® Partner of the Year Sustained Excellence honoree for the fourth consecutive year. RMR’s sustainability efforts on behalf of its clients have resulted in an aggregate 88 properties receiving ENERGY STAR certification, which is a 14% increase from a year ago.
Additionally, as a result of RMR’s energy management and stakeholder engagement programs developed to help its clients achieve their environmental goals, Office Properties Income Trust (Nasdaq: OPI), an RMR client, also received the ENERGY STAR Partner of the Year Award in 2024 for the seventh consecutive year and was recognized as a Sustained Excellence honoree for the fifth consecutive year.
Each year, the ENERGY STAR program honors a group of businesses and organizations that have made outstanding contributions to protecting the environment through superior energy achievements. The Sustained Excellence designation is the highest honor bestowed by the ENERGY STAR program and winners are part of a distinguished group that has made a long-term commitment to fighting climate change and protecting public health through energy efficiency.
Adam Portnoy, President and Chief Executive Officer of RMR, made the following statement:
“RMR’s recognition as an ENERGY STAR Partner of the Year for the sixth consecutive year underscores our commitment to environmental stewardship across our managed portfolio. We believe our focus on energy and operational efficiency contributes to creating long term value for our clients while benefiting our tenants, other stakeholders and the environment.”
Winners are selected from a network of thousands of ENERGY STAR partners. For a complete list of 2024 winners and more information about ENERGY STAR’s awards program, visit http://www.energystar.gov/awardwinners.
About The RMR Group
The RMR Group 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 over 1,100 real estate professionals in more than 30 offices nationwide who manage over $41 billion in assets under management and leverage more than 35 years of institutional experience in buying, selling, financing and operating CRE. RMR benefits from a scalable platform, a deep and experienced management team and a diversity of direct real estate strategies across its clients. RMR is headquartered in Newton, MA and was founded in 1986. For more information, please visit rmrgroup.com
About Office Properties Income Trust
OPI is a national REIT focused on owning and leasing office properties to high credit quality tenants in markets throughout the United States. As of December 31, 2023, approximately 64% of OPI's revenues were from investment grade rated tenants. OPI owned 152 properties as of December 31, 2023, with approximately 20.5 million square feet located in 30 states and Washington, D.C. In 2024, OPI was named as an ENERGY STAR® Partner of the Year for the seventh consecutive year. OPI is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with over $41 billion in assets under management as of December 31, 2023, and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. OPI is headquartered in Newton, MA. For more information, visit opireit.com.
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. Since 1992, ENERGY STAR and its partners helped American families and businesses avoid more than $500 billion in energy costs and achieve more than 4 billion metric tons of greenhouse gas reductions. More background information about ENERGY STAR’s impacts can be found at www.energystar.gov/impacts.
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