"TCC believes it is in the best interest of our clients to adoptan energy-efficiency strategy that enhances the value andcompetitiveness of properties we manage," company principal MikeNalley notes in a press release. He tells GlobeSt.com, "we'rereally excited about it."

EPA estimates show utilities account for about one-third of astructures operating expenses. The organization concludes that a30% savings in such expenses could lead to a 6% increase in netoperating income at a competitive internal rate of return for aproperty.

The partnership "is an opportunity to benchmark all of ouroffice buildings in a consistent format," Nalley tells GlobeSt.com."Our job is to save our owners money and operate in the mostefficient way we can, and this is a great tool in thatdirection."

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