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 primarily to single tenants and those with high credit quality characteristics. As of March 31, 2022, approximately 64% of OPI's revenues were from investment grade rated tenants. OPI owned and leased more than 170 properties as of March 31, 2022, with 22.9 million square feet located in 32 states and Washington, D.C. In 2021, OPI was named as an Energy Star® Partner of the Year for the fourth consecutive year and a Green Lease Leader.

OPI is included in 149 market indices and comprises more than 1% of the following indices as of March 31, 2022: BI North America Office REIT Valuation Peers (BROFFRTV), Invesco KBW Premium Yield Equity REIT ETF INAV Index (KBWYIV), Invesco S&P SmallCap Low Volatility ETF INAV Index (XSLVIV), Invesco S&P SmallCap Financials ETF INAV Index (PSCFIV), Invesco S&P SmallCap 600 Pure Value ETF INAV Index (RZVIV), Hoya Capital High Dividend Yield Index (GTR) (RIET), the Bloomberg WBZ Massachusetts Index (BCMAX), Solactive Global SuperDividend Index (SOLSDIV), Solactive Global SuperDividend v2 Index (SOLSDIV2), Bloomberg Reit Office Property Index (BBREOFPY) and the Invesco S&P SmallCap 600 Equal Weight ETF INAV Index (EWSCIV).

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 strive to sell between $100 million to $300 million of properties annually 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 LLC, the majority owned operating subsidiary of The RMR Group Inc. (Nasdaq: RMR). RMR is an alternative asset management company that was founded in 1986 to invest in commercial real estate and manage real estate related businesses.

As of March 31, 2022, RMR has
$37.7 BILLION
IN AUM
NEARLY
600
CRE Professionals
OVER
30 OFFICES
THROUGHOUT THE U.S.
RMR Managed Companies have
APPROXIMATELY
2,200
PROPERTIES
$ 12 BILLION
IN ANNUAL REVENUES
Approximately
37,000
EMPLOYEES

Companies Managed by RMR or its Affiliates and Subsidiaries

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

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