Century City, California – November 17, 2016– Century Plaza Towers announced today that it has achieved LEED® - Existing Buildings: Operations & Maintenance (LEED-EB O&M) Gold Recertification established by the U.S. Green Building Council (USGBC) and verified by the Green Building Certification Institute (GBCI). LEED or Leadership in Energy and Environmental Design is the nation’s preeminent program for the design, construction and operation of high performance green buildings.
Located at 2029/2049 Century Park East, Century Plaza Towers comprises 2.4 million square feet in two 44-story towers and anchors the trophy office destination Century Park in Century City, CA. Century Plaza Towers is managed and leased by CBRE Group, Inc. and owned by institutional investors advised by J. P. Morgan Asset Management. The CBRE team managing the building is Renee Watkinson, Vice President of Property Management and Director RPA; Janet Argoti, Senior Real Estate Manager, RPA; Brittny Dow, Assistant Real Estate Manager, RPA, Dylan Hanseth, Assistant Real Estate Manager and Chris Daniel, Chief Engineer. Other team members include janitorial service provider Able, landscape service provider Park West and consulting sustainability Project Analyst, Norman W. Henderson, LEED AP O+M, CBRE, Inc.
“Century Plaza Towers’ ownership and management are committed to managing resource use in building operations with a view to the sustainable utilization of energy, water and materials, as well as responsible green building practices such as recycling, water recovery and energy conservation,” said Brian Okrent, Executive Director, J.P. Morgan Asset Management – Global Real Assets - Real Estate Americas. “Achieving LEED Gold Recertification is a testament to our commitment to environmental sustainability and the continuous improvement of our assets to enhance their competitiveness and value.”
“It is a significant accomplishment for Century Plaza Towers to achieve recertification at the Gold level,” said Gary Thomas, CBRE’s Global Director of Sustainability. “To complete recertification in a 2.4 million square foot project requires tremendous collaboration between the building management team, occupants and vendors to reach the goal set by J.P. Morgan Asset Management. The Gold recertification confirms Century Plaza Towers’ continued preeminent role in the green building movement.”
Through the implementation of many key strategic green initiatives, Century Plaza Towers’ ownership and management achievements included:
• The building’s ENERGY STAR score was documented at 90, which places it in the top 8% of all comparable office buildings nationwide.
• Reduced potable water consumption for indoor plumbing fixtures by 38.01% compared to conventional buildings.
• Documented that 98.76% of janitorial cleaning products meet sustainable criteria.
• Documented 28.90% reduction in conventional commuting trips.
• Exemplary performance for low-mercury lamps, indoor water efficiency and heat island reduction.
“Throughout the journey to LEED Gold certification we were confident that the continued and significant investments made in ongoing and enhanced green building practices and programs at Century Plaza Towers would have a positive environmental impact by reducing the carbon footprint of the project,” said Renee Watkinson, Vice President of Property Management for CBRE, Inc. “We are extremely proud that Century Plaza Towers has achieved LEED-EB: O&M Gold Recertification.”
CBRE’s Global Energy and Sustainability Group, which provides sustainable consulting services to assist individual buildings and portfolios navigate the LEED-EB recertification process, managed the 9-month project for Century Plaza Towers. CBRE’s Sustainability Group was instrumental in completing the successful recertification effort by providing expertise to insure policies, procedures, narratives and all required documentation met LEED standards.
LEED is an internationally recognized green building certification system. Developed by USGBC, LEED provides third-party verification that a building uses strategies aimed at improving performance across a number of metrics, including energy/water efficiency, indoor environmental quality and stewardship of resources and works throughout the building lifecycle – design and construction, operations and maintenance, tenant build-out and significant retrofit.
About J.P. Morgan Asset Management – Global Real Assets
J.P. Morgan Asset Management – Global Real Assets has more than $96 billion in assets under management and more than 400 professionals in 20 offices throughout the Americas, Europe and Asia Pacific, as of September 30, 2016. With a 45-plus year history of successful investing, J.P. Morgan Asset Management – Global Real Assets’ broad capabilities provide many of the world’s most sophisticated investors with a global platform of real estate, infrastructure and transportation strategies driven by local investment talent with disciplined investment processes consistently implemented across asset types and regions. For more information: jpmorgan.com/institutional/global_real_assets
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
