Celebrating Excellence in Commercial Real Estate
This week, the commercial real estate industry gathered to honor 19 remarkable properties with the prestigious Outstanding Building of the Year® (TOBY®) Award at the 2026 BOMA International Conference and Expo held in Boston.
The TOBY Awards stand as the pinnacle of recognition within the commercial real estate sector, celebrating outstanding achievements in building management and operations. To qualify for an International TOBY Award, a property must first triumph in both local and regional competitions. The assessment is rigorous, involving various criteria such as community impact, tenant relations, employee engagement, energy management, accessibility, and emergency preparedness. Furthermore, expert inspections are conducted to ensure the highest standards are met.
Highlights of the 2026 TOBY Award Winners
Here are the standout properties that received accolades at this year’s ceremony:
- - Corporate Facility: 350 Mission Street, San Francisco, California – Owned and managed by Kilroy Realty Corporation, this facility has set a high standard in corporate environments.
- - Earth Category: 325 Binney Street, Cambridge, Massachusetts – This property, managed and owned by Alexandria Real Estate Equities, showcases responsible building practices aligned with environmental sustainability.
- - Historical Building: The Chicago Board of Trade Building, Chicago, Illinois – Managed by R2 Companies and owned by Apollo Global Management, this iconic structure marries history with modern building management excellence.
- - Industrial Building: Transport Depot, Edmonton, Alberta, Canada – This property, under the management of QuadReal Property Group and owned by bcIMC Realty Corporation, demonstrates innovative industrial design and efficiency.
- - Life Science Building: Gateway of Pacific, South San Francisco, California – A key player in the life sciences sector, this facility is managed and owned by BioMed Realty.
- - Medical Office Building: Memorial Hermann Medical Plaza, Houston, Texas – Managed by JLL and owned by LaSalle Investment Management, this facility underscores excellence in medical office design and operations.
- - Mixed-Use: RBC Gateway, Minneapolis, Minnesota – This modern mixed-use facility, managed by JLL and owned by Spear Street Capital, exemplifies innovation in urban design.
- - Public Assembly: Community Link - Alexandria Real Estate Equities, Watertown, Massachusetts – This property reflects the importance of community spaces in commercial developments.
- - Renovated Building: 1900 Avenue of the Stars, Los Angeles, California – Managed and owned by Anderson Real Estate, showcasing remarkable renovation and operational management.
- - Retail Winners: Several properties received awards in various retail categories, such as Park Place Shopping Centre in Lethbridge, AB, and Scarborough Town Centre in Scarborough, ON.
- - Office Park Winners: Lakefront at Keystone, Indianapolis, IN, and AERO Long Beach, Long Beach, CA also received accolades for their respective categories, emphasizing the quality of suburban office spaces.
As the awards ceremony concluded, BOMA International extended congratulations to all the properties that showcased their commitment to excellence on a global stage. The next TOBY Awards ceremony will be held in Nashville, Tennessee, in 2027, promising to continue the tradition of recognizing and celebrating outstanding commercial real estate achievements.
The 2026 BOMA International TOBY Awards event was proudly sponsored by The Home Depot.
About BOMA International
With over a century of innovation, BOMA International, alongside the Building Owners and Managers Institute (BOMI), supports the commercial real estate community, impacting owners, managers, and service providers across various sectors, including office, industrial, medical, corporate, and mixed-use properties. Their ongoing mission is to promote and advance the vitality of the commercial real estate industry through advocacy, education, and resources for over 20,000 members worldwide.
For further details, you can visit their website at
boma.org.