In January 2017, WashREIT commissioned an energy audit to review current equipment and operations at 1776 G Street, a 270,000 square foot Class B office building originally constructed in 1978. Recommendations from the audit included replacing common area lighting with LED bulbs, installing two VFDs, implementing a more efficient warm-up and cooldown process, reprogramming the […]
The Tower Companies (Tower) initiated real-time energy monitoring as part of an operational energy management strategy across their commercial portfolio in 2012, including at Blair Office Building, a multitenant Class B/C office building built in 1963. By focusing on operational changes for this program, there has been no need for construction, tenant disruption, or large […]
When Akridge acquired a building that was built in 1963, the number one complaint from tenants was regarding the induction units that provided heating. Instead of replacing the systems, building engineers walked through the property and cleaned and retrocommissioned each unit. Building system tune-ups were a lower-cost option than completely replacing the heating units, and […]
To overcome the challenges of older buildings and costs to implement energy efficiency, Compass Properties follows the 80/20 rule, where 80% of the performance will generally come from about 20% of the work or investment. Compass recognizes that it can’t do all things all the time, but when it does, it has to focus on […]
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 […]