Eight Boston Properties buildings earn Energy Star award of 2008
According to Boston Properties, Inc. a real estate investment trust, eight of the company's Boston area buildings have earned the Energy Star Award in 2008. Boston Properties now has well over 2.3 million s/f of Energy Star labeled office space. Of this year's awarded buildings, two Boston skyline icons were also honored, the 101 Huntington Ave. building for the first time and the 111 Huntington Ave. building for the third time.
"Achieving Energy Star recognizes these buildings as the top 25% of buildings nationwide for energy performance. Constructing and operating energy efficient buildings is a key component of Boston Properties' ongoing sustainability strategy," said Bryan Koop, SVP and regional manager for the Boston Properties Boston portfolio. "Our long-term ownership strategy matches well with Energy Star type operations while also having a positive impact on the environment and climate change mitigation".
"The Energy Star designation is a reflection of the energy efficiency and focus on sustainable operations in these buildings. We have always been focused on energy efficiency" said Peter See, SVP of property management at Boston Properties. "The Energy Star Award really quantifies and acknowledges our performance in energy conservation which is more important than ever".
Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
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