Hines' 12100 Wilshire Awarded LEED® Gold Certification
(LOS ANGELES) – The Los Angeles office of Hines, the international real estate firm, announced today that 12100 Wilshire has received Gold certification under the U.S. Green Building Council’s LEED® rating system for Existing Buildings (EB), making it the first and only building in the Brentwood submarket to achieve the Gold level.
Hines undertook numerous sustainability measures, including: lighting retrofits; implementation of variable speed drives; reduction of water consumption by 42 percent; implementation of comprehensive recycling programs (reducing landfill waste by 58 percent); and the introduction of a high performance green cleaning program and the Hines’ GREEN OFFICE for Tenants program.
With an ENERGY STAR® rating of 97, 12100 Wilshire is 49 percent more energy efficient and annually saves $1.69 per square foot in energy costs when compared to the national average office building. This translates to estimated annual greenhouse gas reductions equivalent to removing 285 passenger vehicles from the road.
12100 Wilshire is a 350,841-square-foot, 19-story office building located at the intersection of Wilshire Boulevard and Bundy Drive in the Brentwood submarket of West Los Angeles. Designed by Tracy Price Associates and completed in 1985, the property was acquired in 2007 by the Hines Value Added Fund II, L.P.
Hines Property Manager William Bessolo said, “This was a fantastic effort by our entire team, and we are very proud to introduce the LEED Gold certification to our tenants and visitors. The commitment of our ownership was instrumental in supporting this endeavor, which will deliver long-term cost savings and an enhanced indoor environment to our tenants.”
Karleen Rogers, office administrator for Baker & Hostetler said, “The Los Angeles office of Baker & Hostetler is proud to be a part of Hines’ GREEN OFFICE initiative and their achievement of LEED Gold certification.As a company, we strive to use environmentally friendly products in order to foster a healthier and more productive workplace for our employees. We appreciate that Hines has set an example for efficiency and conservation, and we can sense the difference in our workplace.”
12100 Wilshire is leased to a roster of tenants that includes: Baker & Hostetler, Regent Business Centers, and SOA Software.
Hines is one of the most sustainable real estate companies in the world. In 2010 Hines was recognized by the EPA, for the third time, with the ENERGY STAR Sustained Excellence Award; Hines manages 153 labelled buildings, representing more than 77 million square feet, in the ENERGY STAR program. Twelve Hines development or redevelopment projects, representing more than six million square feet, have been designated as Designed to Earn the ENERGY STAR.
Hines is also a leader in the U.S. Green Building Council’s programs, with 202 projects, representing more than 107 million square feet that have been certified, pre-certified or registered under the various LEED® rating systems. Hines was a founding member of the German Sustainable Building Council and the Russian Green Building Council, and is active in the Green Building Council Brasil, the Green Building Council España, the Green Building Council Italia, the Indian Green Building Council, the BRE Environmental Assessment Method program in the United Kingdom and the Haute Qualité Environnementale program in France.
Hines is a privately owned real estate firm involved in real estate investment, development and property management worldwide. The firm’s historical and current portfolio of projects that are underway, completed, acquired and managed for third parties includes 1,119 properties representing more than 457 million square feet of office, residential, mixed-use, industrial, hotel, medical and sports facilities, as well as large, master-planned communities and land developments. With offices in 100 cities in 17 countries, and controlled assets valued at approximately $23 billion, Hines is one of the largest real estate organizations in the world. Visit www.hines.com for more information. To learn more about sustainability at Hines, visit www.hines.com/sustainability.