Environmental

Energy


Portfolio Wide

  • The Company has recently adopted, and rolled out to all sites under management, portfolio level energy management software in the forms of Measurabl and ENERGYSTAR Portfolio Manager, to quantify past and current utility consumption.

Reducing energy consumption in landlord-controlled areas

Multifamily / Student Housing:

  • Both verticals are conducting ongoing LED retrofits for common area hallways and exterior lighting
  • ENERGYSTAR appliances are installed for all common area appliances
  • All properties are in the process of phasing out R-22 refrigerant for all new HVAC equipment

Office:

  • Several properties currently participate in ongoing commissioning for existing HVAC equipment, to ensure optimal performance
  • All properties maintain LED as the standard for all overhead lighting in common area spaces
  • On site engineers install and maintain variable frequency drives (VFDs) on most large equipment such as SWUDS, air handlers, and chillers
  • EMS systems are monitored by engineers at all properties for cost saving opportunities

Retail:

  • New Market Properties (NMP) has committed to retrofitting all exterior lighting to LED at a pace of 4-5 properties a year
  • Property management maintains parking lot lighting timers to minimize energy consumption during daylight hours
  • As part of acquisitions, NMP surveys HVAC systems to identify which need to be replaced and reduce operational electric usage
  • To limit heat absorption and contribution to the heat island effect, TPO roofing is installed on properties whenever replacement roofing is needed

Tenant energy consumption

Multifamily / Student Housing:

  • All in-unit appliances are ENERGYSTAR certified
  • Currently in planning stages of a full portfolio LED retrofit of tenant overhead lighting

Office:

  • Tenant build out requirements include LED fixtures for all non-ornamental overhead lighting

Water

Interior common area water consumption

Multifamily / Student Housing:

  • Modern fixtures operating above 1993 IPC/UPC requirements in all common area restrooms
  • Property management conducts exterior building walks at least quarterly to inspect for visible leaks

Office:

  • Modern fixtures operating above 1993 IPC/UPC requirements in all common area restrooms
  • Touch free gallon per cycle faucets standard as well as 1.6 GPF toilets and 0.5 GPF urinals

Retail:

  • Currently submetering all water from tenant water consumption, sharing data with tenant to allow visibility into their consumption so they can be more accountable

 

Landscape water consumption

Multifamily / Student Housing:

  • Properties with stormwater retention ponds use reclaimed water for irrigation
  • Conduct quarterly irrigation inspections
  • When possible, irrigation systems use secondary water from onsite detention / retention ponds for irrigation

Office:

  • Properties with stormwater retention ponds use reclaimed water for irrigation

Retail:

  • Property management utilizes timers for irrigation equipment

 

Tenant water consumption

Office:

  • Tenant build out standards require fixtures that meet 1993 IPC/UPC standard or better

Retail:

  • Submetering for tenant consumption

Multifamily:

  • Low flow fixtures installed in all bathrooms and kitchens

Cooling tower / chilled water consumption:

  • Office: All properties have cooling tower treatment programs to monitor scale and biological compounds, reducing excessive blowdown

Waste

Waste management programs

Office:

  • All properties utilize a dual stream system (1-6 recycling and trash) at a minimum
  • Most properties have scaled compactors to quantify diversion rates
  • All properties have waste diversion requirements for construction projects to ensure demolition waste is recycled
  • Currently in the planning stages of a comprehensive composting program, beginning with all Atlanta assets

Recycling programs:

Office

  • Offer complementary lightbulb, e-waste, and shredding service through onsite service and quarterly drives

Retail

  • Compactors on site for trash and recycling for large tenants

Multifamily

  • Valet recycling currently in place for 80% of properties
  • All properties have waste diversion requirements for construction projects to ensure demolition waste is recycled
  • All dumped furniture is hauled off site and recycled by a furniture recycling vendor

Transportation

Office:

  • Provide discounted MARTA passes via partnerships with local CIDs
  • Provide shuttles to nearby transit stations at Three Ravinia
  • Provide electric vehicle charging in most parking decks
  • Encourage ridesharing via Georgia commute options

Multifamily:

  • EV Charging stations
  • Promote mass transit accessibility, V and 3 in Charlotte

Student Housing:

  • Shuttle service contracted with university or private shuttle

Landscaping

Office:

  • Employ green landscaping program to limit water consumption – planting native and adaptive plants that survive on water natural to north Georgia climate
  • Limit the use of harmful pesticides and herbicides via Integrated Pest Management programs

Retail:

  • Maintain tree counts by property, where possible

Multifamily:

  • Native and adaptive plant use

Certifications

Office:

Brookwood Office Center

  • LEED for Building Design and Construction: Core and Shell, v1 LEED 1.0 Pilot: Silver (31 points), 2009

Three Ravinia

  • Energy Star Certified 2019, Score: 87
  • LEED for Existing Buildings: Operations and Maintenance, v3 2009: Certified (42 points), 2014
  • LEED for Existing Buildings: Operations and Maintenance, v3 2009: Gold (63 points), 2019

Westridge La Cantera

  • LEED for Building Design and Construction: Core and Shell, v3 2009: Silver (54 points), 2015

150 Fayetteville

  • Energy Star Certified 2019, Score: 75
  • LEED for Interior Design and Construction: Commercial Interiors, v3 2009: Silver (50 points), 2012 (Deloitte Raleigh Practice Office, 14,000 SF)

Capitol Towers (North and South)

South Tower

  • Energy Star Certified 2019, Score: 91
  • LEED for Building Design and Construction: Core and Shell v3 2009: Gold (63 points), 2017

North Tower

  • Energy Star Certified 2019, Score: 92
  • LEED for Building Design and Construction: Core and Shell v3 2009: Gold (64 points), 2017
  • LEED for Interior Design and Construction: Commercial Interiors, v3 2009: Gold (63 points), 2017 (Albemarle Corporation – Charlotte, 44,000 SF)

Captrust Tower

  • LEED for Building Design and Construction: Core and Shell v2 2.0: Gold (34 points), 2010

Morrocroft Centre

  • LEED for Existing Buildings: Operations and Maintenance, v3 2009: Silver (55 points), 2017
  • Energy Star Certified 2019, Score: 75