It’s the sixth “Outstanding Building of the Year” win for acclaimed Detroit property

Media Contacts: Barbara Fornasiero, EAFocus Communications, 248.260.8466, barbara@eafocus.com

Detroit, Mich., — Nov. 19, 2014 — One Detroit Center, an award winning, Class A office property located in downtown Detroit, received The Outstanding Building of the Year (TOBY) award from the Building Owners and Managers Association (BOMA) of Metro Detroit for properties from 500,000 to 1 million square feet. This is the sixth time One Detroit Center has been awarded the TOBY, which recognizes quality in office buildings and awards excellence in office building management. The award was presented to One Detroit Center, which is majority owned by iStar Financial (NYSE: STAR), on Friday, Nov. 7 at the MotorCity Casino in Detroit.

Judging for the TOBY awards is based on community impact, tenant/employee relations programs, energy management systems, emergency evacuation procedures, building personnel training programs and overall quality indicators.

“One Detroit Center is a landmark property and a leader on multiple levels, including service, responsiveness and luxury amenities,” said Greg Camia, lead executive of One Detroit Center and senior vice president of iStar Financial. “It is fitting that One Detroit Center received the TOBY award again in 2014; this has been a tremendously successful year for the building in terms of tenant outreach and satisfaction and investment in the One Detroit Center brand.”

In 2014 alone, One Detroit Center, Michigan’s tallest office building, has hosted a Paint the Crown art event for tenants, organized a monthly Melodic Monday concert series that brings members of the acclaimed Detroit Symphony Orchestra (DSO) to the east lobby during the lunch hour and unveiled a 25 foot exterior LED sign to promote tenants and community events. To learn more about this award winning property, please visit www.onedetroitcenter.com.

The Metro Detroit TOBY winners are invited to participate in the North Central Regional TOBY competition with the local winners from Illinois, Indiana, Kentucky, Michigan and Ohio. The regional event paves the way for properties to vie for the chance to compete in the International TOBY Awards, one of the highest honors in the commercial real estate industry.

About Building Owners and Managers Association (BOMA), Metro Detroit
Founded in 1908, BOMA/ Metro Detroit is a professional, nonprofit trade association whose nearly 400 members either own or manage commercial real estate, or provide goods and services to the industry. BOMA Michigan members represent organizations managing more than 250 million square feet of office and industrial space, with employees and tenants totaling more than 1.25 million people in Michigan. Michigan Members annual expenditures contribute $3.2 Billion to the State’s economy. BOMA/Metro Detroit provides commercial real estate professionals the opportunity to work together for professional growth, advocacy rights, corporate profit, and the benefit of the nine Southeastern Michigan communities it serves. For more information on BOMA and membership, visit www.bomadet.org.

About One Detroit Center
Located at 500 Woodward Avenue in downtown Detroit, One Detroit Center was designed by legendary architect Philip Johnson with John Burgee Architects. Standing at 619 feet and 45 stories, One Detroit Center is Michigan’s tallest office building and is known as the Crown in the Sky for its striking architectural cues. The building’s tenants excel in their respective industries and professions and include leading and nationally ranked financial, law, media and accounting firms. One Detroit Center is majority owned by iStar Financial (NYSE: STAR); Signature Associates serves as the property manager and leasing agent. Discover the difference between office space and inspired space at www.onedetroitcenter.com.