After purchasing the Fairmont Washington, D.C., and noting a spike in utility costs, the MetLife and Fairmont team quickly rallied to roll out a comprehensive Capital Improvement Master Plan that embeds sustainability improvements into the overall mission statement and mindset of Fairmont associates. This strategic plan ranged from the immediate implementation of no- and low-cost […]
Hersha Hospitality Trust is a U.S. real estate investment trust that owns and operates 48 upscale, lifestyle, and luxury hotels totaling 7,644 rooms in urban gateway markets and coastal destinations including New York, Washington, D.C., Boston, Philadelphia, South Florida, and select markets on the West Coast. Hersha Hospitality Trust’s sustainability initiatives are administered through its […]
LaSalle Investments’ 2020 K Street in Washington, D.C., is an 11-story multitenant structure built in 1974 with a fitness center, parking garage, and rooftop terrace. Since acquisition in 2010, LaSalle has been continually upgrading the building to achieve a holistic retrofit as part of its investment strategy. Initiatives include the following: variable frequency drives (VFDs) […]
The Howard Hughes Corporation (HHC) is the owner, developer, and manager of commercial, residential, and mixed-use real estate across the United States, including a portfolio of master -communities (MPCs). HHC’s legacy is built on the stewardship and long-term success of its communities though profound respect for nature, community, connectivity, and passion for innovation. Preserving and […]
The Green Cities Company is a real estate investor and developer that pursues green certifications for each asset in its portfolio. At 5 MLK, a 17-story mixed-use building with 220 apartment units, 120,000 square feet of office space, and 15,000 square feet of retail space in Portland, Oregon, a Salmon Safe certification label was achieved […]
The Site and Neighborhood Entegrity Energy Partners—an energy services, sustainability, and solar development company—developed a net zero commercial office space for company use, along with 28 market-rate apartments in downtown Fayetteville, Arkansas. This structure combines Entegrity’s new office building with 28 market-rate apartments to form a three-story mixed-use development. The decision to include apartments along […]
For one building owner, a tenant in a triple-net lease established the goal of reducing its carbon emissions in line with the Paris Accord by purchasing 100 percent renewable energy for its offices by the year 2030. To achieve this goal, the company had already begun purchasing Green-e certified RECs to cover 100 percent of […]
A global owner, operator, and developer of logistics real estate, Prologis incorporates the global energy team into Prologis Essentials, a platform to help its customers (building tenants) access various services and solutions for their warehouses. This platform seeks to resolve customer pain points, from racking and forklifts to meeting renewable targets and accessing renewable energy. […]
Hudson Pacific Properties, a real estate investment trust (REIT) with over 19 million square feet (1.8 million sq m) of office and studio properties, believes that climate change is one of the greatest risks to the environment and recognizes real estate’s critical role in being a part of the solution. Reducing the portfolio’s carbon footprint […]
In January 2022, Brookfield Properties signed a five-year contract to purchase 100 percent of the electricity needs of One Manhattan West from New York–based renewable energy providers. The deal is one of the largest intrastate renewable energy agreements for a single building in New York City, and it makes One Manhattan West the first building […]