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Trizec Properties Wins Three ``Building of the Year'' Awards from BOMA.


Business Editors/Real Estate Writers

CHICAGO--(BUSINESS WIRE)--March 12, 2004

Trizec Properties, Inc., one of North America's largest owners of commercial office properties, announced today that three of its signature East Coast properties -- Newport Tower Newport Tower can refer to:
  • Newport Tower (Rhode Island) in Newport, Rhode Island
  • Newport Tower (Jersey City) in Jersey City, New Jersey
, the Grace Building and the Watergate Office Building -- have received "Building of the Year" honors from the Building Owners and Managers Association This article or section needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article.  (BOMA Boma (bō`mə), city (1984 pop. 197,617), Bas-Congo province, W Congo (Kinshasa), on the Congo River estuary. A port and railhead, it exports tropical timber, bananas, cacao, and palm products. ).

The annual BOMA awards recognize quality in office buildings and excellence in office building management. The recognition program is the commercial real estate industry's most prestigious and comprehensive program of its kind.

Newport Tower, located in Jersey City, New Jersey received the Middle Atlantic Adj. 1. middle Atlantic - of a region of the United States generally including Delaware; Maryland; Virginia; and usually New York; Pennsylvania; New Jersey; "mid-Atlantic states"
mid-Atlantic
 Region Building of the Year award in the 1-million-square-feet-plus category. New York's Grace Building won BOMA New York's 2003-2004 Pinnacle Award for Operating Office Building of the Year, also in the 1-million-square-feet-plus category. The Watergate Office Building located in Washington, D.C. has been awarded BOMA's Middle Atlantic Region Building of the Year award in the Renovated Category. The Middle Atlantic region covers Maine to Washington DC, North and South and Pittsburgh to Long Island, East and West.

"We all know these are fantastic buildings, but I think we would also agree that BOMA's recognition is all about our people. These awards are the result of great teamwork, attention to detail, a standard of excellence, hard work and clearly defined goals," said Doug Winshall, Executive Vice President in charge of Trizec's Eastern Region.

As a next step, Newport Tower and the Watergate Office Building will be entered into the International Office Building of the Year competition in their respective categories, to be decided on June 29th. The Grace Building will be entered into next year's competition for the Middle Atlantic Region award.

About the Grace Building (New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
)

With one of the most recognizable facades in New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
, and overlooking Midtown's beautiful Bryant Park, the Grace Building has long held an esteemed position among Manhattan's skyscrapers. Its recently renovated Grace Plaza--a 25,000-sq. ft. landscaped, open-air plaza fronting on the Avenue of the Americas extends its elegant reach to bring a feeling of openness and light to one of the City's busiest intersections. The 1.5 million-sq.-ft. tower, created by renowned architect Gordon Bunschaft, FAIA FAIA Florida Association of Insurance Agents
FAIA Food Additives and Ingredients Association (Kent, UK)
FAIA Fellow, American Institute of Architects (honorary position) 
, offers tenants one of the most technologically advanced security systems in the country, in addition to state-of-the-art interior systems and an aggressive tenant retention and relations policy.

About Newport Tower (Jersey City)

Constructed in 1990, Newport Tower is a 1-million-square-foot, 36-story building that offers spectacular unobstructed views of the New York Harbor New York Harbor, a geographic term, refers collectively to the rivers, bays, and tidal estuaries near the mouth of the Hudson River in the vicinity of New York City. This is sometimes construed in the sense "the Ports of New York and New Jersey".  and Manhattan skyline. Among Newport Tower's tenants are several of the nation's most prominent financial services firms, drawn to the building's advanced technology amenities as well as its large floor plates for use as trading rooms and for other operations. The building is easily accessible from the New Jersey Turnpike and Holland Tunnel and tenants enjoy direct access to the PATH train and New Jersey Light Rail. Another convenience of Newport Tower is its on-site dining availability and a skywalk to the Newport Mall.

About the Watergate Office Building (Washington D.C.)

The Luigi Moretti-designed Watergate is one of Washington's most prestigious business addresses. Renovated for the new millennium, its eclectic one-of-a-kind profile nestles into beautifully landscaped grounds and affords spectacular views of the Potomac River, the Capitol City and the Virginia landscape. Watergate's extensive retail arcade features a variety of shops and services, including a U.S. Post Office U.S. Post Office can refer to the United States Postal Service system.

There are many interesting and historic buildings among the large number of facilities.
, grocery, pharmacy, restaurant, deli with outdoor seating, banking and ATM facilities and more. The Watergate Hotel is adjacent and offers great convenience for business travelers. Watergate tenants value the proximity of the Foggy Bottom Metro station, the Virginia bridges, and Rock Creek Parkway.

Trizec Properties, Inc., a real estate investment trust (REIT REIT

See: Real Estate Investment Trust


REIT

See real estate investment trust (REIT).
) headquartered in Chicago, is one of the largest owners and operators of commercial office properties in the United States. The Company has ownership interests in and manages a high-quality portfolio of 64 office properties totaling approximately 43 million square feet concentrated in the metropolitan areas of seven major U.S. cities. The Company trades on the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 under the symbol TRZ TRZ Tiruchirapally, India - Civil (Airport Code) . For more information, visit Trizec's web site at www.trz.com.
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Mar 12, 2004
Words:699
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