2525 Ponce de Leon Awarded LEED® Gold - Hines

2525 Ponce de Leon Awarded LEED® Gold

Sister Building, 2555 Ponce de Leon, Earns LEED Silver

(MIAMI) – The Miami office of Hines, the international real estate firm, announced today that 2525 Ponce de Leon in Coral Gables has received Gold certification and 2555 Ponce de Leon has received Silver certification under the U.S. Green Building Council’s LEED® rating system for Existing Buildings.

2525 Ponce de Leon is a 254,119-square-foot, 12-story office building located one block south of the “miracle mile” in Coral Gables.

Designed by Smallwood, Reynolds, Stewart, Stewart & Associates and developed by Hines in 2004, the property was acquired by Prudential in 2007.

It anchors a semi-urban campus that also contains 2555 Ponce de Leon, which Hines acquired and renovated in 2004.

The six-story 2555 Ponce de Leon contains 93,860 square feet.

Both buildings earned the ENERGY STAR® label in 2008 and 2009.

With a current weighted-average score of 90, the buildings are 41 percent more energy efficient and annually save $1.34 in energy costs per square foot when compared to the average U.S. office building.

This translates to estimated annual greenhouse gas reductions equivalent to removing 560 passenger vehicles from the road.

Hines Property Manager Vicki Baisden said, “People often comment on how expensive it is to become LEED certified.

We have been able to certify two buildings, one of which is close to 50 years old, with no costly renovations or retrofits.

Hines tries to focus as much on the cost to achieve certification as we do on achieving certification.

Our engineers’ operational skills play a major part.”

Green features and sustainable programs in the buildings include: an Alternative Commuting Transportation program which was developed in conjunction with South Florida Commuter Services that offers building occupants incentives in exchange for sustainable commuting habits; a single-stream recycling program which has diverted more than 60 percent of all waste from local landfills; and the purchase of renewable energy credits to offset 100 percent of the building’s electricity use.

The purchase of these renewable energy credits is the equivalent of planting 24,748 mature trees or not driving 6,013,873 miles in an average car.

The buildings are leased to a roster of notable tenants that includes IVC Television; Cargill; Kozyak, Tropin & Throckmorton; and Raymond James & Associates, among others.

Hines is responsible for managing and leasing the buildings.

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 labeled 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.

Recently, Hines earned the number-one spot in Commercial Property Executive’s ranking of “Greenest Companies,” scoring 16 percentage points higher than its nearest competitor.

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 1,126 properties representing more than 459 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 106 cities in 17 countries, and controlled assets valued at approximately $23.7 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.

.

Contact Hines

Headquarters

Global Headquarters

2800 Post Oak Blvd.
Houston, TX 77056-6188
United States
1 713 621 8000
Contact Hines

European Headquarters

5 Welbeck St.
London W1G 9YQ
United Kingdom
44 20 7292 1900

Regional Offices

U.S. East Region

345 Hudson Street
12th Floor
New York, NY 10014
United States
1 212 230 2300

U.S. Midwest Region

444 West Lake Street
Suite 2400
Chicago, IL 60606
United States
1 312 419 4900

U.S. Southeast Region

5 Ravinia Dr NE
Atlanta, GA 30346
United States
1 770 206 5300

U.S. Southwest Region

609 Main St.
Suite 2400
Houston, TX 77002
United States
1 713 237 5600

U.S. West Region

101 California Street
Suite 1000
San Francisco, CA 94111
United States
1 415 982 6200

Asia Pacific Region

1 Connaught Road, 28F
Central, Hong Kong

Eurasia Region

Gasheka Street 6
Ste. 820
Moscow 125047
Russia
7 495 785 05 00

European Region

5 Welbeck St.
London W1G 9YQ
United Kingdom
44 20 7292 1900

International Offices

Australia

20 Hunter St
Level 10
Sydney, NSW 2000
Australia
61 2 9232 3137

Brazil

Av. das Nações Unidas, 12901
Torre Norte - 6 ° andar
São Paulo 04578-910
Brazil
55 11 5504 7600

Canada

200 King Street West
Suite 1805
Toronto, ON M5H 3T4
Canada
416 595 1949

China

Suite 333, Hyundai Motor Tower
38 Xiaoyun Road, Chaoyang District
Beijing, PRC 100027
China
8610 8453 8855

France

66 Avenue Charles de Gaulle
Neuilly-sur-Seine, IDF 92522
France
33 1 41 45 80 80

Germany

Hines Immobilien GmbH
Joachimsthaler Str. 1
D - 10623 Berlin
Germany
49 30 726241 100

Greece

Voukourestiou 19
Athens 106 71
Greece
30 210 364 7895

India

One Horizon Center
12th Floor
Gurgaon, Haryana 122002
India
91 124 480 2222

Ireland

Block 2, First Floor
Clanwilliam House, Clanwilliam Place
Dublin 2
Ireland
353 1 7999900
Dublin.OfficeAdmin@hines.com

Italy

Via Broletto, 35
Milan 20121
Italy
0039 02 8962921

Japan

Akasaka K Tower Level 4
1-2-7 Motoakasaka, Minato-ku
Tokyo 107-0051
Japan
81 90 9854 5236

Luxembourg

35 F, John F. Kennedy
Luxembourg L-1855

352 264 337 1

Mexico

Torre del Angel
Reforma 350
Mexico D.F. 06600
Mexico
52 55 52428809

The Netherlands

Gustav Mahlerplein 28
Amsterdam, NH 1082 MA
Netherlands
31 6 30 70 81 29

Nordic Countries

Forbindelsesvej 4
Copenhagen 2100
Denmark
44 7815 285 191

Panama

Torre B Piso 15
Torre de las Americas
Punta Pacifica, Panama City
Panama
507 028 20 7375

Poland

Prosta Street 68
Warsaw 00-838
Poland
48 22 351 2400

Russia

Gasheka Street 6
Ste. 820
Moscow 125047
Russia
7 495 785 05 00

Spain

Sor Ángela de la Cruz, 2° - 2° C
Edificio Cuzco III
Madrid 28020
Spain
34 91 703 00 23

South Korea

Glass Tower, Level 20
534 Teheran-ro, Gangnam-gu
Seoul 06181
Republic of Korea
82 2 3439 9141

United Kingdom

5 Welbeck St.
London W1G 9YQ
United Kingdom
44 20 7292 1900