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 […]
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 […]
Upgraded Health and Wellness for Tenant Retention at 1201 New York Avenue For Pembroke, an international real estate developer and adviser that manages office and mixed-use assets in the world’s leading cities, health and wellness are viewed as a market separator and receive a deliberate focus across the company’s portfolio. With a long-term hold approach, […]
Healthy Living and Community Showcases at theMART Vornado Realty Trust, a fully integrated real estate investment trust (REIT) focused primarily on office and retail properties, undertook the redevelopment of theMART, an iconic Chicago Riverwalk property. The project demonstrates how an existing building can become a community hub that also promotes health and well-being. theMART, located […]
Jamestown LP set a goal of portfolio-wide net-zero-carbon operations by 2050. Physically, this requires eliminating the use of fossil fuels, which is concentrated in the use of natural gas to power assets’ HVAC systems. Levi Plaza is one property in Jamestown’s portfolio supporting efforts to achieve this larger goal, with building electrification being a key […]
Lendlease’s 30 Van Ness is its first all-electric mixed-used development in the United States, and the decision to be all electric was made long before San Francisco passed a citywide no-gas policy for new construction. With 250,000 square feet of commercial office space, 330 condominiums (of which 25 percent will be affordable housing), 4,000 square […]
NEO, an owner, developer, and manager of office buildings in the Bonifacio Global City in the Philippines, set a portfolio-wide goal to achieve net zero carbon operations, and achieved it in 2020 by powering its assets with 100% green utility power. NEO’s portfolio is comprised of 7 office towers and encompasses 2.92M Sq Ft. The firm’s overall dedication to and drive toward a net zero carbon future is reflected in their portfolio-wide strategy.
In addition to a holistic sustainability program, JBG SMITH—an owner and developer of mixed-use properties in and around Washington, D.C.—takes a proactive stance to identify, prioritize, and address risks associated with the impacts of climate change
Boulder Commons, developed by MORGAN CREEK VENTURES, is one of the largest multitenant buildings in the United States that aspires to achieve net-zero energy. The development provides inspiration for innovative and approachable solutions that can be incorporated into a wide variety of sustainable building design and management strategies. A holistic approach to development that encompassed high-efficiency building design, on-site solar energy production uniquely tailored to the project, and an aligned leasing strategy collectively seeks to make it easier for tenants and landlords to achieve the project’s net-zero energy goals.