Intelligent Real Estate Investments - Hines

Hines’ 321 North Clark Earns LEED® Gold Certification

(CHICAGO) – The Chicago office of Hines, the international real estate firm, announced today that 321 North Clark has received Gold certification under the U.S. Green Building Council’s LEED for Existing Buildings (EB) rating system.

Completed in 1987, the 896,502-square-foot 321 North Clark at Riverfront Plaza has been recognized internationally as a premier example of Chicago's modern architectural legacy.

The 35-story glass and stainless steel tower is located on the Chicago River with beautiful, unobstructed views to the lake, river and city. The property was acquired in April, 2006 by Hines Real Estate Investment Trust, Inc.

With a current ENERGY STAR® rating of 83, 321 North Clark is 32 percent more energy efficient than the average U.S. office building.

This translates into greenhouse gas reductions equivalent to recycling 2,016 tons of waste instead of sending it to a landfill.

Green features implemented at 321 North Clark include: new low-flow aerators and water closets; efficient LED lighting in the lobby; high-performing green cleaning services; and optional Saturday HVAC requests to minimize heating/cooling when tenants are not occupying their space during the weekend.

Additionally, the firm offers its proprietary Hines GREEN OFFICE (HinesGO) for Tenants program, which assists in giving tenants options to reduce their carbon footprint.

“Our tenants have embraced the LEED and Hines GREEN OFFICE initiatives. In fact, more than 92 percent of the building employees participated in the LEED Alternative Community Transportation Survey resulting in 15 LEED points,” said Hines General Property Manager Mark Anderson.

Hines Global Sustainability Officer Gary Holtzer added, “Achieving LEED Gold certification validates the diligent efforts by the on-site team to generate significant cost savings and environmental improvements for the long-term benefit of the tenants, owners and the city of Chicago.”

321 North Clark is more than 76 percent leased to tenants that include:

American Bar Association; and Littler Mendelson. Hines is responsible for managing and leasing the building.

Hines is one of the most sustainable real estate companies in the world.

In 2011 Hines was recognized by the EPA, for the fourth time, with the ENERGY STAR Sustained Excellence Award; Hines manages 146 labeled buildings, representing more than 68 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 195 projects, representing more than 100 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 1,147 properties representing more than 462 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 108 cities in 18 countries, and controlled assets valued at approximately $23.4 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.