MINNEAPOLIS, July 30, 2024 – Cushman & Wakefield announced today that Centennial Lakes Office Park in Edina, Minnesota, was recognized by BOMA International with a 2024 The Outstanding Building of the Year (TOBY) Award in the Suburban Midrise category.
BOMA’s The Outstanding Building of the Year (TOBY®) Awards are the most prestigious and comprehensive program of their kind in the commercial real estate industry, recognizing quality in commercial buildings and rewarding excellence in building management. During the competition, all facets of a building’s operations are thoroughly evaluated. Buildings are judged on everything from community involvement, tenant relations and site management to environmental and “green” policies and procedures. The competition consists of three levels and begins at the BOMA local association level. Winning entries advance from there to the regional level and, finally, regional winners advance to the BOMA International level.
A nationally acclaimed Class A office complex, Centennial Lakes Office Park is comprised of five inter-connected six- to eight-story office buildings totaling 841,608 square feet. Situated on 25 acres within a 100-acre mixed-use development, the office park is located north of the heavily traveled Interstate 494 in the upscale suburb of Edina. With its beautiful environment and an impressive array of amenities, Centennial Lakes Office Park has become the premier choice for discerning tenants as evidenced by the property’s current occupancy level of 92 percent.
“TOBY Awards are the industry standard in excellence, and winning at the international level is a tremendous accomplishment,” said Dave Dabson, Senior Managing Director and City Leader for Cushman & Wakefield’s Asset Services group in the Twin Cities. “It’s a testament to the quality of the development, and continued investment in the assets by the owner, but the TOBY also rewards truly remarkable customer service, pivoting to meet the changing needs of our tenant customers and an industry-leading work ethic that Ellen and her team devote to Centennial Lakes.”
In addition to BOMA 360 and ENERGY STAR certifications, Centennial Lakes Office Park is certified as an IREM® Certified Sustainable Property, a mark of distinction for sustainable, efficient properties.