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TH Real Estate achieves Wired Certification for 16 buildings in New York City and Boston

WiredScore

TH Real Estate and WiredScore announce that TH Real Estate has achieved Wired Certification for its 16-building office portfolio in the New York City and Boston areas.

This achievement totals 5,377,000 sq ft (c.499,540 sq m) of Wired Certified commercial space in two highly competitive markets. The newly certified properties were evaluated on their superior connectivity, technological infrastructure, and capacity to adopt emerging technologies.

"Many of our tenants depend on more than the internet. They require technological infrastructure that is efficient, comprehensive and reliable day-in and day-out," said Kevin Smith, Senior Director, TH Real Estate. "Wired Certification helped us benchmark many of our New York and Boston properties, which ensures that we provide unsurpassed connectivity that serves our tenants and keeps our properties competitive and relevant in the market."

WiredScore is the pioneer behind the internationally-acclaimed Wired Certification standard, which evaluates and distinguishes best-in-class internet connectivity in commercial buildings. Trusted by tenants all over the world, the Wired Certification seal signifies that buildings have been independently evaluated and guaranteed to provide Internet infrastructure that today’s businesses require to thrive.

"Owners and investors are increasingly recognising the value in displaying their buildings’ technological superiority, and TH Real Estate has done so throughout a significant portion of its portfolio," said Arie Barendrect, CEO and founder of WiredScore. "With these certifications comes a clear message to the marketplace: TH Real Estate understands the evolving needs of modern tenants, which are largely rooted in fast, reliable Internet connectivity."

In pursuing Wired Certification, each building was subjected to a scrupulous certification process conducted by a team of leading technicians. Upon completion of an on-site audit that evaluates a building’s number of available internet service providers, infrastructure redundancy, connection access points, and readiness to improve connectivity, a Wired Certification level is assigned based on the official standards developed by WiredScore and its advisory committee.

Each of the 16 TH Real Estate buildings attaining the certification indicates the presence of advanced technological infrastructure through a mix of aspects that are essential for reliable Internet connections. Theses features include a mix of fixed wireless internet, multiple points of entry for cabling, and spare capacity for future telecommunications equipments and wiring. Following WiredScore’s on-site assessment, the portfolio earned Wired Certification ranging from Wired Certified to the highest designation, Wired Certified Platinum.

Issued by Nuveen Real Estate Management Limited, 201 Bishopsgate, EC2M 3BN. Authorised and regulated by the Financial Conduct Authority. TH Real Estate is a name under which Nuveen Real Estate Management Limited provides investment products and services. The value of investments and any income will fluctuate (this may be partly be the result of exchange rate fluctuation) and investors may not get back the full amount invested. Where opinions have been expressed, they are based on current market conditions and are subject to change without notice. COMP201700428

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