Shorenstein Receives LEED Platinum Certification for Santa Clara Office Tower

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San Francisco, CA – July 24, 2012 – Shorenstein Properties LLC announced that it has received LEED Platinum certification from the U.S. Green Building Council for Cisco Tower, a 283,000 s.f. office building it owns and manages in Santa Clara, Calif. “We are enormously proud of the commitment the property team has made to sustainable operations and appreciate the tenants’ active involvement in both the LEED process and in their own implementation of sustainable operations”, said Stan Roualdes, executive vice president, property management and construction services.

Platinum is the highest possible certification under the USGBC’s rating system for existing buildings operations & maintenance, established in 2009, and Cisco Tower is one of just half a dozen commercial office buildings in the South Bay to have received Platinum certification. This brings to eighteen the number of properties owned and managed by Shorenstein that have successfully achieved LEED certification at the Silver level or higher in the last three years. Late last month, Shorenstein received LEED Gold certification for properties in New York and Washington DC.

“This is the second time Shorenstein has received Platinum certification for a building under its management and through our ongoing portfolio-wide sustainability initiatives, we continue to make Shorenstein-owned buildings some of the most energy and resource efficient, environmentally sensitive workplaces in the country,” said Roualdes.

LEED for Existing Buildings: Operations & Maintenance addresses energy efficiency, whole-building cleaning and maintenance issues (including chemical use), recycling programs, exterior maintenance programs, and systems upgrades. The system helps building owners and operators measure operations, improvements and maintenance on a consistent scale, with the goal of maximizing operational efficiency while minimizing environmental impacts.

In addition to analyzing its existing portfolio and benchmarking against LEED and other standards, Shorenstein has a goal of meeting, at minimum, LEED Gold certification guidelines for all future construction projects.

Shorenstein’s commitment to sustainability also extends well beyond its LEED program. The firm is a partner in EPA’s ENERGY STAR® program and 80 percent of the company’s portfolio has either qualified for the ENERGY STAR® label or is pending approval. Shorenstein is also a corporate partner in the Department of Energy’s Better Buildings Challenge, where it is committed to reducing energy intensity by 20 percent in properties it owns and manages by 2020. For the past several years, the company has also been a participant in the Environmental Defense Fund’s Climate Corps Initiative.

Photo of the property can be downloaded here: https://www.sugarsync.com/pf/D7473076_815_39261639

About Shorenstein Properties LLC
San Francisco-based Shorenstein Properties LLC (www.shorenstein.com) is one of the oldest and most successful private real estate investment companies active throughout the United States in the acquisition, development, ownership and management of office and mixed-use properties. Since it’s beginning in 1924, the company has evolved from a regional real estate operating company to an active national investor and manager of commingled institutional capital. Shorenstein provides asset management, leasing, property management and construction services to the properties in its portfolio through its wholly owned property services affiliate, Shorenstein Realty Services.

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