Several Nareit member REITs have been recognized for their exceptional innovation and dedication to fostering healthy environments within the real estate industry by Fitwel®, a real estate certification platform committed to building health.
Fitwel’s Best in Building Health Awards recognize global leaders who are setting the standard for people-centered, health-focused projects.
REITs recognized by Fitwel in 2025 include BXP, Inc. (NYSE: BXP), Hudson Pacific Properties, Inc. (NYSE: HPP), and Paramount Group, Inc. (NYSE: PGRE). BXP also received special recognition by being named a Fitwel Leadership Award: Fitwel v3 Pioneer.
“Investing in people’s health is one of the most effective strategies for long-term risk mitigation and value creation within real estate today,” said Joanna Frank, president and CEO of the Center for Active Design (CfAD), operator of the Fitwel certification system.
"A key priority for our team is maintaining safe environments for the thousands of tenants, employees, and guests that visit Paramount’s assets each day. Our tenants rely on us to provide healthy spaces where their employees can collaborate in person and where company culture, productivity, and their businesses overall can flourish,” shares Evin Epstein SVP, Energy & Sustainability, Paramount Group, “achieving Fitwel at 1633 Broadway reinforces our commitment to occupant health and wellness best practices."
Paramount tracks and reports on the portion of the portfolio that is Fitwel certified and performance metrics tied to occupational health and safety programs, work-related injuries, and lost day rate.
BXP was recognized as a Fitwel v3 pioneer for certifying the Atlantic Wharf, located at 280 Congress Street in Boston, using the new v3 standard, which was launched globally on June 4, 2024, after a successful pilot phase with select users. Evolution of the Fitwel Standard ensures it reflects the most recent research and evidence, is responsive to input and insights from users, and is optimized for resiliency, impact, and value. The new version reflects the latest research and evidence linking health and the built environment and gives users every opportunity to design and operate their assets to promote people’s health, and in turn, maximize value.
“At BXP, we understand that healthy buildings are not just a feature of premier workplaces—they are a fundamental expectation. By prioritizing indoor air quality, thermal comfort, and third-party certifications like Fitwel, we demonstrate our commitment to workplaces that support the health, satisfaction, and performance of our clients,” shares BXP’s Senior Vice President of Sustainability, Ben Myers. “Healthy buildings contribute to leasing success, operational excellence, and the long-term value of our assets.”
Meanwhile, Natalie Teear, senior vice president, innovation, sustainability & social impact at Hudson Pacific, noted that “health and wellness are central to how we design and operate our spaces.” She added, “In a rapidly changing climate and increasingly competitive office market, prioritizing occupant wellbeing is a key differentiator. Our continued investment in Fitwel certification underscores our commitment to creating workplaces where tenants can attract talent, build culture and thrive.”
Fitwel was originally created by the U.S. Centers for Disease Control and Prevention (CDC) and U.S. General Services Administration. The CDC remains the research and evaluation partner for Fitwel.