Intelligent Real Estate Investments - Hines

Pleasanton Corporate Commons Takes LEED® to the Next Level

Becomes First LEED Platinum EB Building in the East Bay

(PLEASANTON, CA) – Hines, the international real estate firm, announced today that Pleasanton Corporate Commons in Pleasanton, CA, has beat its 2008 LEED Silver rating to achieve Platinum certification under the U.S. Green Building Council’s LEED for Existing Buildings (EB) Rating System, and is the first such LEED EB certified property in the East Bay area.

Designed by Hellmuth, Obata & Kassabaum and completed in 2001, Pleasanton Corporate Commons consists of four, five-story Class A buildings totaling 595,608 rentable square feet.

In addition to earning LEED Platinum, the suburban office complex has certified 170,429 rentable square feet under the U.S. Green Building Council’s LEED for Commercial Interiors (CI) Rating System, and earned the ENERGY STAR® label every year since 2001.

With an average ENERGY STAR rating of 93, the campus is 45 percent more energy efficient than the average U.S. office building.

This translates to an estimated $1.85 per rentable square foot in annual energy cost savings and annual greenhouse gas reductions equivalent to removing 584 passenger vehicles from the road.

Green features implemented at Pleasanton Corporate Commons include: energy efficient lighting with reduced mercury content; the use of environmentally sensitive cleaning products and practices; reduction of indoor potable water use through low-flow fixtures; and a comprehensive recycling program.

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

“The team at Pleasanton Corporate Commons has done a tremendous job in managing energy consumption, reducing water usage and expanding recycling efforts. This LEED certification is a testament to the on-site team’s skills and dedication,” said Hines Property Manager Greg Scharlemann.

Hines Global Sustainability Officer Gary Holtzer added, “The time and effort that goes into achieving LEED Platinum is extraordinary and helps cement our Hines brand as among the most sustainable in the world.

Our investors and clients see sustainability as an indicator of quality in the management of their assets and the stewardship of their capital.”

The buildings are leased to a notable tenant roster including:

Blackhawk Network; Callidus Cloud; Charles Schwab & Co.; Regus Business Centers; and Workday, Inc.

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

In 2012 Hines was recognized by the EPA, for the fifth time, with the ENERGY STAR Sustained Excellence Award. Hines manages 181 labelled buildings, representing more than 73 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 199 projects, representing more than 101 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.

To learn more about sustainability at Hines, visit www.hines.com/sustainability.

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 1,273 properties representing more than 514 million square feet of office, residential, mixed-use, industrial, hotel, medical and sports facilities, as well as large, master-planned communities and land developments.

Currently, Hines manages 406 properties totaling 148.5 million square feet, which includes 78.3 million square feet for third parties.

With offices in 113 cities in 18 countries, and controlled assets valued at approximately $24.3 billion, Hines is one of the largest real estate organizations in the world.

Visit www.hines.com for more information.

Pleasanton Corporate Commons