ARCHIVES WEBINARS BLOGS DIRECTORIES RSS FEEDS
GlobeSt.DIRECT members log-in here
Need an Account? REGISTER NOW >
QUICK POLL
Gap Will:
Close More Stores Than Announced
Find a Real Estate Solution
Fall Through the Gap

View Results
powered by
Select Leaders
JOBS
Enter Search Keywords
eg: "Financial Analyst" or Company
Recruit Commentary Sign up for Alert
ADVERTISEMENTS
BUSINESS RESOURCES
1031 EXCHANGES
> Locate-A-Service
REALSHARE CONFERENCES
RealShare
Houston

September 3, 2008
Westin Galleria Houston
RealShare
Investment & Finance Summit

September 10, 2008
The Roosevelt Hotel
RealShare
South Florida

September 17, 2008
Hyatt Regency Miami
RealShare
Phoenix

September 18, 2008
Camelback Inn
Full 2008 Conference Schedule >
Last updated: July 3, 2008  02:11pm
Wells’ Centers Earn Energy Star Rating

5 Houston Center-1
NORCROSS, GA-Five buildings owned by Wells Real Estate Funds have earned the Energy Star designation for efficiency, from the U.S. Environmental Protection Agency, bringing the total number of Wells-owned Energy Star buildings to 14, the company said.

The award was presented to 5 Houston Center, a Class-A office tower in downtown Houston; the three-building University Circle complex in East Palo Alto, Calif.; and Pasadena Corporate Park, near Los Angeles. More are to come, says Scott Meadows, managing director, property services, for Wells Real Estate Funds.

"We’re going to seek superior energy efficiency with any properties we operate," Meadows told GlobeSt.com. "Our focus is to have green practices throughout all our buildings. The value of Energy Star is to provide a baseline we can improve on."

More Atlanta News
Apartment Complex
Sells for $18M
First Industrial Lands 182,000-SF Lease
Place/BV Puts $44M Into Student Housing
JV Acquires Union Station Apartments
Winthrop Invests in 6-Building Campus
 
More Southeast News
Tampa– Pharmacy Firm Could Attract More Tech
Other– TCC Plans $175M Industrial Park
Atlanta– Apartment Complex Sells for $18M
Atlanta– First Industrial Lands 182,000-SF...
Tampa– Engineering Firm Merges with...
The Energy Star designation is awarded to select properties that meet demanding standards for energy efficiency. Wells became a partner company in the EPA program in the first quarter of this year.

Since its founding in 1984, Wells has invested more than $11 billion in real estate, and has managed over 50-million sf of space in 244 properties nationally. Other Wells Energy Star buildings include: 5995 Opus Parkway in suburban Minneapolis; LakePointe Corporate Center in Charlotte; Weatherford Center and 2100 Space Park Drive in Houston; Westway One near Dallas; Manhattan Towers in Manhattan Beach, Calif.; SanTan Corporate Center II near Phoenix; US Cellular in Madison, Wis.; and 2180 Lake Blvd. in Atlanta. In addition, 83% of Wells’ buildings meet or exceed the national average in energy efficiency, Meadows said.

"We do a green assessment of all the buildings we buy," Meadows said. "Green is a good way to package good management practices. We want great environments for the occupants."

FEATURES & BLOGS
Executive Watch
Presumptuous
by Anthony J. LoPinto
TrendCZAR
Convention Madness
by Jonathan D. Miller
Counter Culture
Is Wal-Mart Getting All Steve & Barry's?
by Ian Ritter
Realty Bytes
Can I Just Call You?
by Noreen Seebacher
ADVERTISEMENTS
SPECIAL REM REPORTS & GUIDES
remreprints.com
-->