57 Million Sq. Ft. of Space Significantly Expands U.S. Green Building
Inventory
CB Richard Ellis Group, Inc. (NYSE:CBG) has enrolled 225 office
buildings in the U.S. Green Building Council’s (USGBC) LEED® EB
(Leadership in Energy and Environmental Design - Existing Building)
Program, an achievement that will significantly increase the number of
existing office buildings operated under “green” standards. Enrollment
of the properties is the first step in the process for attaining LEED EB
certification.
At the end of 2007, CBRE committed to enroll a minimum 100 buildings in
the then-emerging LEED EB process, and 18 months later the company is
now the largest third-party manager of buildings in the leading program
for environmental sustainability. LEED is the nationally accepted
benchmark for the design, construction and operation of high performance
green buildings. The properties that CBRE enrolled in the LEED EB
program total more than 57 million sq. ft. and are owned by more than 55
different investors and corporations in 21 states.
“When we made our commitment in 2007 there were fewer than 60 buildings
in the entire country with LEED EB designation,” said David Pogue,
CBRE’s National Director of Sustainability. “The key to our success has
been building a strong foundation, by both partnering effectively with
our clients and deploying a strong internal certification team with
great technical expertise and a genuine passion for enhancing
sustainable practices in the buildings we manage.”
CBRE currently manages 17 buildings that have attained LEED EB
certification, more than any other commercial property management firm.
The total is expected to grow to 50 buildings by year end.
For the second year in a row, the U.S. Environmental Protection Agency
(U.S. EPA) named CB Richard Ellis an ENERGY STAR® Partner of the Year,
the only commercial real estate services firm recognized with that award
this year. More than 1,200 CBRE-managed buildings are participating in
the program, significantly more than any other third party management
company. Since 2008, more than 220 of these properties totaling 73
million square feet were recognized for exemplary performance by ENERGY
STAR through the award of the ENERGY STAR plaque.
About CB Richard Ellis
CB Richard Ellis Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500
company headquartered in Los Angeles, is the world’s largest commercial
real estate services firm (in terms of 2008 revenue). The Company has
approximately 30,000 employees (excluding affiliates), and serves real
estate owners, investors and occupiers through more than 300 offices
(excluding affiliates) worldwide. CB Richard Ellis offers strategic
advice and execution for property sales and leasing; corporate services;
property, facilities and project management; mortgage banking; appraisal
and valuation; development services; investment management; and research
and consulting. CB Richard Ellis has been named a BusinessWeek 50 “best
in class” company three years in a row and a Fortune 100 fastest growing
company two years in a row. Please visit our Web site at www.cbre.com.
CB Richard Ellis Group, Inc.
Robert Sulentic
Chief Financial
Officer
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Steve Iaco
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