Lillibridge MOB competes for BOMA International TOBY Award

SETON NORTHWEST HEALTH PLAZA HAS ALREADY WON BOTH LOCAL AND REGIONAL TOBYS

CHICAGO and AUSTIN, May 14, 2008 – Chicago-based Lillibridge has received both the local and regional TOBY Awards (The Office Building of the Year) from the Building Owners and Managers Association (BOMA) for one of its medical office buildings in Austin, Texas.

In March, Seton Northwest Health Plaza was named the winner of the 2008 local TOBY Award for the best medical office building (MOB) in the city of Austin. In April, the building gained even more prestige when it was also named the winner of the TOBY Award for the Southwest Regional Conference. Now the Lillibridge property has been entered in the highest level of the annual BOMA competition, where it will be judged against other regional winners for the coveted International Award.

"A staff of six worked very hard for over a year to prepare for our TOBY applications," says Becky Dickerson, General Manager, Lillibridge. "The BOMA judges liked the way our team improved our building and gave us high marks on our building description and Energy Star involvement. I’m proud of the way everyone worked together as a team to help win this award, and I’m looking forward to attending the TOBY and Earth Awards Banquet in Denver on June 24, where the International TOBY winner will be announced."

Seton Northwest Health Plaza is a 5-story, 110,000 square foot medical facility that opened in 1988. Located at 11111 Research Boulevard, the building features skylights and an open atrium. The facility is connected to Seton Northwest Hospital by two enclosed corridors, providing convenient access for patients and physicians. An exposed glass wall in each passenger elevator provides visitors with an impressive view of the atrium.

"In 2007 Becky Dickerson and her team also won a BOMA Award for our Medical Park Tower Building," says Lillibridge Chairman and Chief Executive Officer Todd W. Lillibridge. "In 2005 the Galter Ambulatory Care Pavilion that we managed for Northwestern Memorial Hospital was awarded the International TOBY Award. We are hoping that in 2008 Seton Northwest Health Plaza will win at this same high level. It is a very big honor in the healthcare real estate industry, and our goal is to position buildings that we own and manage to compete for future TOBY Awards."

The International TOBY Award was created in 1985 and is the most prestigious and comprehensive evaluation in the commercial real estate profession. Described as the "Academy Award" for office buildings, the TOBY Award recognizes quality in office buildings and excellence in office building management. All facets of a building’s operations are thoroughly evaluated during the judging process including tenant relations, community impact and employee programs. Detailed property inspections, floor plans, building standards and photographs are also judged as part of the competition.

ABOUT LILLIBRIDGE
Lillibridge offers a full complement of real estate services and capital, exclusively to hospitals and healthcare systems. The company’s services include buying and developing medical office and outpatient / ambulatory care facilities, program management for building or renovating inpatient and acute care hospitals, asset and property management services, and advisory services for strategic, financial and operational real estate issues. Lillibridge's national scope encompasses more than 250 hospitals and healthcare systems across more than 40 states, including 6,000 physicians and hospital tenants, and approximately 10 million square feet of medical property. Headquartered in Chicago, Lillibridge has multiple regional offices and more than 200 dedicated employees. For more information, please visit us online at www.lillibridge.com or call (312) 408-1370.