Prime Group Realty Trusts Continental Towers Named BOMAs Suburban Chicago Outstanding Building for the Fourth Time.

Prime Group Realty Trust Chicago-based real estate investment trust (REIT), announced today that the premier, Class A, 975,000 square-foot Continental Towers office complex in Rolling Meadows, IL, controlled and managed by Prime Group Realty Trust, was recently named “The Outstanding Building of the Year” (TOBY) for the Chicago Suburban market by the Building Owners and Managers Association (BOMA) of Suburban Chicago. This is the fourth time in the last five years that Continental Towers has won this prestigious award. Continental Towers has also won the five-state North Central Region TOBY award two times and will be competing for a third Regional TOBY Award later this year.

Continental Towers, which houses 40 businesses employing more than 1,450 people, was selected as the association’s 2008-2009 winner in the 500,000 SF to 1,000,000 SF category. The judges described the complex as a “very well run building and it shows” and the dedicated building staff as “a key reason why the buildings continue to win awards.”

The “TOBY” award program, now in its twenty-third year, is the most prestigious and comprehensive program of its kind in the commercial real estate industry, recognizing quality in office buildings and awarding excellence in office-building management. The judging process includes a building inspection and a thorough evaluation of the selection criteria, which include a review of building standards, community involvement, tenant relations, energy-management systems and procedures, environment and regulatory compliance, emergency preparedness and security standards, and building-personnel training programs.

“The Continental Towers property management team is very proud to have received this award from our peers,” said Catherine A. Carlson, RPA, General Manager of the complex. “We believe that winning this award and the recent arrival of Harley-Davidson Financial Services, Inc. to the complex are evidence of how dedicated we are to managing and operating the complex in a state of the art tenant friendly manner.”

In September, Prime Group Realty Trust announced that Continental Towers had been awarded the U.S. Environmental Protection Agency’s prestigious ENERGY STAR, the national symbol for protecting the environment through superior energy performance.

Continental Towers is located on a professionally landscaped 34-acre site in the Woodfield neighborhood at the southeast corner of the Northwest Tollway (I-90) and Golf Road (Route 58) just east of Route 53. The complex features three 12-story office towers of approximately 280,000 square feet per tower. Above-ground and underground walkways connect all three buildings with the Commercium, a three-story, glass-enclosed 133,487 square-foot retail concourse. Its amenities include a private health club, a travel agency, sundry shop, flower shop, hair and nail salon, full-service banking facility, deli, white-tablecloth restaurant, print shop, dry cleaner, and banquet and conference center.

The Continental Towers complex is located 30 miles northwest of Chicago’s Loop and 10 miles northwest of O’Hare International Airport. It has convenient access to the interstate system via I-90, I-294, I-290, and I-355. The precast composite, cast-in-place concrete structures have white Wyoming quartz aggregate curtainwalls and gray solar reflective windows.

The office buildings feature typical floorplates of approximately 23,682 square feet, white marble lobbies, 25-foot by 25-foot bays, 24-hour staffed centralized security station, closed-circuit-television monitoring system, 24/7 card-key access, state-of-the-art telecommunications systems and Internet connectivity, and surface and executive underground parking for 2,949 cars.

BOMA/Suburban Chicago was founded in 1970 to represent owners, managers and designated representatives of office properties in the greater Chicago suburban area including Cook, DuPage, Kane and Lake Counties; Rockford, IL; and Merrillville, IN. The association’s 340 members currently represent more than 63 million square feet of office space in commercial office buildings, government buildings, medical facilities and corporate headquarters. The organization is an affiliate of BOMA International, which was founded in 1907 and currently has approximately 17,000 plus members in 100 local associations representing nine billion square feet of quality commercial space globally. For more information, visit www.bomasuburbanchicago.com or www.boma.org.