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Chicago & Midwest  + Downtown  + Office  | 

KBS’ 500 W. Madison Wins Regional Building of the Year Honor

KBS’ 500 W. Madison in Chicago has been named a regional winner of the Building Owners and Managers Association’s The Outstanding Building of the Year (TOBY) Award. The 40-story office property will now move on to the international competition in San Antonio, where winners will be announced on June 26.

“We are extremely proud to win this distinguished award and recognition for 500 W. Madison,” said SVP Dan Park at KBS. “This a direct result of the continuous dedication and hard work our team provides each day to our tenants and customers.”

In particular, the regional recognition is “a testament to the efforts of the management, engineering, security and custodial teams each and every day,” said Micah Larmie, SVP of asset services at Transwestern, which manages the 1.4-million-square-foot tower.

500 W. Madison was among 16 properties that competed in 11 categories for the North Central TOBY Awards.


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).