Green Office, a program launched last year by Houston-based Hines that scores tenants in categories ranging from energy efficiency to LEED certification, has grown to include more than 400 tenants. Together these tenants occupy more than 19 million sq. ft.
The big-name companies that have signed on include Bank of America, Coca-Cola, Deloitte & Touche, GE Healthcare, JPMorgan Chase, KPMG, Shell, TIAA-CREF, Verizon and Wells Fargo, among others.
First implemented on Earth Day 2009 to augment the sustainable features and operation of space Hines itself occupies, the program was later extended to Hines’ office tenants, which occupy 120 million sq. ft. in the United States, Mexico, Canada, Panama, Brazil, China and Russia. About one-sixth of Hines’ tenants have gone through the Green Office program, according to the company.
“While we have a good handle on how to design, build and operate buildings in a sustainable manner, the base building represents only a portion of an office building’s energy profile,” says Jeff Hines, president and CEO of Hines.
“What happens in the tenant space can have a huge impact on expenses, the environment and employee productivity. Our green office program offers tenants a way to enhance the management of their own space,” adds Hines.
When Hines speaks, the commercial real estate industry listens. The privately owned company has offices in more than 100 cities in 17 countries, and controls assets valued at approximately $22.2 billion.
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