VIPs From EPA and USGBC Attend BOMA/NAIOP Mixer

Hines Hosts Event and Unveils 24th at Camelback II Project

(PHOENIX) – Hines, the international real estate investment, development and property management firm, recently hosted a BOMA/NAIOP mixer event at its 24th at Camelback II project.

 This is the first time the newly-completed office building was unveiled to the public.

U.S. Environmental Protection Agency Program Manager for ENERGY STAR® Commercial Building Design Karen P. Butler attended the event as a keynote speaker.

Butler said, “Within a span of a few years Hines submitted 12 new projects that received Designed to Earn the ENERGY STAR certification.

It’s exciting to see a building owner and developer understand how energy design intent can inform the operating performance of buildings.”

U.S. Green Building Council Senior Vice President of LEED® Scot Horst was also featured as a keynote speaker.

“Pursuing LEED certification for its Camelback II project, Hines recognizes the importance of sustainable design, construction and operations in all phases of a building’s lifecycle,” said Horst.

24th at Camelback II is an 11-story, 300,000-square-foot Class A office property that qualified as Designed to the Earn the ENERGY STAR for meeting superior energy intent during the design phase.

With a design rating of 93, the project is expected to be 50 percent more energy efficient than the national average office building, translating to estimated annual emissions reductions equivalent to removing approximately 530 passenger vehicles from the road.

The project, whose development, leasing and management is overseen by William Olson, Hines vice president and designated broker, and John Orsak, Hines project manager, is also is Pre-certified Silver under the LEED® for Core & Shell Rating System.

Green features and programs include: reduced heat island effect through covered parking and reflective roofing; a 50 percent reduction in landscaping-related water consumption; a 20 percent reduction in indoor, potable water use; use of low-VOC materials and finishes; enhanced indoor air quality systems; and a construction waste diversion rate of 75 percent.

As property manager, Hines also offers its proprietary GREEN OFFICE for Tenants program, which is designed to assist tenants in greening their office space.

24th At Camelback I, which Hines completed in 2000, is comprised of an eight-story, 300,000-square-foot office building, including ground floor retail space, and a 1,175-space parking structure.

24th At Camelback I has earned six ENERGY STAR labels and is 94 percent leased to Cisco, Greenberg Traurig, Grubb & Ellis/BRE Commercial, Harris Bank, Regus and Robert Half International, among other tenants.

Both buildings are managed by Hines and leased by Grubb & Ellis/BRE Commercial.

Hines is a leader in Phoenix for sustainable real estate development and operations.

The US Airways headquarters building in Tempe, which was developed and is managed by Hines, is LEED Gold certified and is one of five properties in the United States (and the only in Arizona) to have earned 10 consecutive ENERGY STAR labels—one for every year since the building’s first full year of operations in 2000. Hines also owns and manages Renaissance Square, a two-building, ENERGY STAR-qualified office complex in downtown Phoenix.

In 2009 Hines was recognized by the EPA, for the second time, with the ENERGY STAR Sustained Excellence Award; Hines has labelled 138 buildings, representing approximately 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 the Earn the ENERGY STAR.

Hines is also a leader in the U.S. Green Building Council’s programs, with 145 projects, representing more than 89 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 is active in 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

1,111 properties representing more than 449 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 more than 100 cities in 17 countries, and controlled assets valued at approximately $22.9 billion, Hines is one of the largest sustainable 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.

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