IRVINE, CA – Orange County’s 2050 Main Street, managed by RiverRock Real Estate Group, took home top honors at the Buildings Owners and Managers Association (BOMA) Building of the Year and Industry Awards. The 2013 Award for The Outstanding Building of the Year (TOBY) in the 250,000 – 499,999 square foot category was bestowed upon 2050 Main Street on November 22 at the Annual Awards Ceremony held at the Newport Beach Marriott.
The award is the most prestigious competition throughout Orange County that recognizes outstanding commercial office buildings and excellence in building management. All facets of a building’s operations are considered including its tenant relations program, amenities package, community involvement, emergency evacuation procedures, building standards, sustainability, energy management accessibility, and overall exceptional service.
“We are extremely proud to manage 2050 Main Street on behalf of AEW Capital Management and are thrilled to have won this year’s TOBY award ,” said Steve Core, president of RiverRock Real Estate Group. “The building is a jewel in the Irvine office market and we are honored that BOMA recognized the truly outstanding nature of this building and our management.”
Built in 2007 and owned by AEW Capital Management since November 2011, 2050 Main Street is a 13-story, 314,074-square-foot, Class A office building. It is the newest addition to the 48-acre Irvine Concourse, which totals more than two million square feet of office space. The aluminium and glass curtain wall system with reflective glass and granite panels gives 2050 Main Street a sophisticated and classic look and feel. It is currently 82 percent occupied. The building also boasts an Energy Star rating and is LEED certified silver.
About RiverRock Real Estate Group
RiverRock Real Estate Group, Inc. is a West Coast-based commercial real estate management and leasing firm specializing in commercial, industrial and retail management. Headquartered in Newport Beach, Calif., RiverRock's California office locations include Denver, Laguna Hills, Los Angeles, Long Beach, San Diego, San Francisco, Santa Ana, Santa Clara, Walnut Creek, Woodland Hills and Phoenix, Arizona. The firm manages a West Coast portfolio totaling in excess of 25 million square feet of space.
RiverRock Real Estate Group was founded in August 2003 by John Combs, a leading figure in the property management industry in California and nationally as the former head of Insignia ESG's property services division. RiverRock Real Estate Group established a breakthrough property management model based on innovative, client-focused standards for operational efficiency, customer service, fee structure, outsourcing, personnel and training that increases the ability of building managers to positively impact the value of a real estate asset. The branded service platform includes a Northern California joint venture operating as C&C RiverRock Newmark with offices throughout the Bay Area and Sacramento.
About AEW
Founded in 1981, AEW Capital Management, L.P. (AEW) provides real estate investment management services to investors worldwide. One of the world’s leading real estate investment advisors, AEW and its affiliates manage over $37 billion of capital invested in $50.8 billion of property and securities in North America, Europe and Asia (as of September 30, 2013). Grounded in research and experienced in the complexities of the real estate and capital markets, AEW actively manages portfolios in both the public and private property markets and across the risk/return spectrum. AEW and its affiliates have offices in Boston, Los Angeles, London, Paris, Hong Kong and Singapore, as well as additional offices in eight European cities. For more information please visit www.aew.com.