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Bergman Real Estate Group, Time Equities Inc., Receive Prestigious Regional TOBY Award

The recognition, awarded by the Building Owners and Managers Association (BOMA), is one of the highest honors bestowed by the commercial real estate group

WOODBRIDGE, N.J., February 25, 2022 – Bergman Real Estate Group announced today that its Parsippany, New Jersey Century Campus has received a 2021 TOBY Award for “Outstanding Building of the Year” from the Building Owners and Managers Association (BOMA). The three-building, 280,000 square foot office campus, located at 4, 5, and 6 Century Drive in Parsippany, won in the Suburban Office Park Low Rise category.

Representatives of Bergman Real Estate Group were presented with the award at the February 23, 2022 BOMA meeting held at the Hanover Manor in East Hanover, New Jersey. The TOBY presentation followed the annual induction of BOMA’s Board of Officers and Directors.

“This is a prestigious award for New Jersey suburban office buildings that’s only awarded after careful, meticulous consideration,” said Michael Bergman, president and CEO, Bergman Real Estate Group. “We are thrilled that our significant investment and collective efforts into making Century Campus a first-class office park have paid off.”

To qualify for a TOBY in the Suburban Office Park Low Rise category, the entrant must be comprised of two or more buildings on a property larger than 5 acres. The buildings must be at least 50% office area to qualify for the award and must be no taller than five stories each. The property must be located outside a central business district or outside of a downtown area. Additionally, the property undergoes a thorough inspection covering 15 points, including the entrance, tenant amenities, and common areas such as restrooms and corridors. Building management must also demonstrate stellar operating procedures, including completed safety drills and good financial reports.

Bergman said the TOBY application process is “extensive and takes significant effort” to ensure all criteria are met.

“I’m very proud of our team, and particularly Property Manager Michelle Szczesny and Building Manager Cristian Jaque. They are both exceptional, dedicated employees and are deeply committed to the property and each and every one of our tenants,” Bergman said.

Century Campus has undergone a multimillion-dollar capital improvements program since Bergman Real Estate Group and Time Equities Inc. acquired the property in 2016. Upgrades to the campus were numerous and included:

  • A conference and training center equipped with high-speed WiFi, TVs, and HDMI connections
  • Recreation facilities, including a tenant lounge, game room, fully equipped gym, and art studio
  • A full-service café with extensive food options and upgraded seating
  • Multiple transportation options, including an on-campus bike share program
  • Nine flexible coworking office spaces
  • Extensive exterior improvements including an art sculpture walking park

“We have invested over $5 million in creating a state-of-the-art office park at Century Campus that’s designed to provide a live, work, and play,” Bergman said. “The TOBY award from BOMA validates all the effort we have put into creating a workplace that attracts top tenants, and in turn, helps them attract the best talent in the region.”

Office spaces ranging from 1500 square feet to full floors of 35,000 square feet are available. For more information, visit

About Bergman Real Estate Group
Bergman Real Estate Group is a privately owned, full-service real estate investment and management company. With more than 33 years of history operating in New Jersey and other select markets, Bergman has earned a solid reputation as a reputable and trustworthy owner/manager. The company’s fully integrated platform includes acquisition, ownership, asset and property management, leasing and construction supervision. Bergman, which has built its success on acquiring and successfully repositioning under-performing properties, currently owns and manages 22 office buildings comprising 2.25 million square feet.

About Time Equities, Inc.
Founded in 1966, privately-held Time Equities, Inc. (TEI) has been in the real estate investment, development and asset & property management business for 50 years. With properties in 26 states, four Canadian provinces, Germany and the Netherlands, the TEI portfolio consists of approximately 23.4 million square feet of residential, industrial, office and retail property.