Cautionary Language

The information appearing on OPI’s website includes statements which constitute forward looking statements. These forward looking statements are based upon OPI’s present intents, beliefs or expectations, but forward looking statements are not guaranteed to occur and may not occur. OPI’s actual results may differ materially from those contained in OPI’s forward looking statements. The information contained in OPI’s filings with the Securities and Exchange Commission, including under “Risk Factors" and “Warnings Concerning Forward Looking Statements” in OPI’s periodic reports and other filings, identifies important factors that could cause OPI’s actual results to differ materially from those stated in OPI’s forward looking statements. OPI’s filings with the SEC are available on the SEC’s website at www.sec.gov (opens in new window) and are also accessible on OPI’s website at the following link: SEC Filings. You should not place undue reliance upon forward looking statements.

The documents provided in this archived section are provided for historical purposes only. The information contained in each document is accurate only as of the date each document was originally issued or such earlier date stated in those documents. OPI does not undertake any obligation to update any information contained in these documents. For current information about the company, please refer to our most recent public SEC Filings.

About Us

OPI is a national REIT focused on owning and leasing office properties to high credit quality tenants in markets throughout the United States. As of March 31, 2024, approximately 62% of OPI's revenues were from investment grade rated tenants. OPI owned and leased 151 properties as of March 31, 2024, with 20.3 million square feet located in 30 states and Washington, D.C. In 2024, OPI was named as an Energy Star® Partner of the Year for the seventh consecutive year.

Office Properties Income Trust is included in 152 market indices and comprises more than 1% of the following indices as of March 31, 2024: Bloomberg US Micro Cap Real Estate Price Return Index (BMICR), BI North America Office REIT Valuation Peers (BROFFRTV), Invesco S&P SmallCap High Dividend Low Volatility ETF INAV Index (XSHDIV) and Bloomberg Real Estate Investment Trust Small Cap Index (BBRESMLC).

Strategy

Investment Focus

Office properties primarily in markets that have strong economic fundamentals to support growth.

  • Properties primarily leased to single tenants.
    • Strategic to the tenant, which may include: built‐to‐suit properties, corporate headquarters and buildings where tenants have invested meaningful capital.
    • Minimum remaining lease term of seven years.
  • Properties leased to government tenants.
    • Single tenant and multi‐tenant.
    • Focus on agencies that have high security needs or a mission strategic to the buildings’ location.
  • Primarily first generation buildings where there is a reasonably high probability of renewing the tenant in place and where ongoing capital needs are expected to be modest.

Capital Recycling

OPI expects to maintain an ongoing capital recycling program whereby it will selectively sell properties to:

  • Improve the average age of the portfolio, the weighted average remaining lease term, and leasing prospects.
  • Manage ongoing capital requirements.
  • Shape geographic and tenant diversification.

Leadership

Senior Management

Board of Trustees

Manager

OPI is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company and more than 35 years of institutional experience in buying, selling, financing and operating commercial real estate. RMR is headquartered in Newton, MA.

As of March 31, 2024, RMR has
Over
$41 billion
IN AUM
Over
1,100
CRE Professionals
More than
35 OFFICES
THROUGHOUT THE U.S.
RMR Managed Companies have
Approximately
2,100
PROPERTIES
More than
$5 BILLION
IN ANNUAL REVENUES
Over
20,000
EMPLOYEES

Companies Managed by RMR or its Affiliates and Subsidiaries

SVC Logo
DHC Logo
OFFICE PROPERTIES Logo
ILPT Logo
Seven Hills Realty Trust Logo
ALERISLIFE Logo
SONESTA Logo
RMR Residential Logo

For more information about The RMR Group and its managed companies, please visit www.rmrgroup.com (opens in new window).

Sustainability

OPI’s business strategy incorporates a focus on sustainable approaches to operating our properties in a manner that benefits our shareholders, tenants and the communities in which we are located.

Our environmental, social and governance (ESG) efforts are primarily implemented by our manager, The RMR Group (Nasdaq: RMR).

Recent sustainability highlights include:

Achievements & Recognition: OPI’s properties continue to receive significant environmental certifications and awards.

Green Lease Leaders Logo
Energy Star Partners Logo
Leed Logo
BOMA 360 Logo

Policies: OPI’s Business Partners’ Code of Conduct, an Employee Health and Wellness Policy, a Human Rights Policy and a Philanthropy Policy are available on our Governance page.

Board Diversity: OPI’s Board of Trustees is comprised of approximately 11% members of underrepresented communities1 and 44% women.

 

Learn more about our ESG highlights through our most recently published Sustainability Tear Sheet.

Learn more about the Sustainability programs of our manager, The RMR Group, through its most recently published Sustainability Report.

1 Underrepresented communities includes people of color and those who identify as LGBTQ.