Highlighting its commitment to developing sustainable projects, National Real Estate Advisors announced today the company achieved a total of 2.1 million square feet of LEED building certifications in its portfolio during 2014. In addition for 2015, 11 of the company’s projects are pursuing building certifications, representing more than 2.8 million square feet of sustainable development properties.
A member of the U.S. Green Building Council® and a participant in the Global Real Estate Sustainability Benchmark, National has instituted investment policies which emphasize sustainable development and management practices. “These policies help realize long-term investment returns through more efficient operations and healthier, more attractive building environments for tenants and their employees,” Jeffrey J. Kanne, National’s President and CEO, said.
In its Sustainability Policy, National states its commitment to “incorporating the benefits of sustainable practices, whenever feasible, in order to produce more profitable and beneficial results for all of its stakeholders–investment clients, tenants, partners, employees and neighbors.”
National’s most notable 2014 certification involved the renovation of The Bloc, a 1.1-million-square-foot, mixed-use retail and office complex with adjoining 485-room hotel in downtown Los Angeles. To date, The Bloc has achieved a LEED Silver® certification. LEED®, or Leadership in Energy & Environmental Design, is a green building certification program that recognizes best-in-class building strategies and practices. Designed to support the health and wellness of its tenants and guests, The Bloc is registered with the certification goals of LEED Gold® and Delos® WELL Pilot Certification, as well as the Stay Well® Program by Delos®. As a transit-oriented development with direct access to the city’s expanding mass transportation network, The Bloc earned a Walk Score™ of 97 and Transit Score™ of 100.
National Real Estate Advisors focuses equity and debt investments on cutting edge development and redevelopment projects in major U.S. urban markets, seeking to utilize sophisticated designs, modern amenities and vanguard technologies to attract and hold tenants for heightened investment performance.
About National Real Estate Advisors
National Real Estate Advisors has $2.3 billion in net assets under management invested in commercial and multifamily real estate valued at $7.5 billion (as of 9/30/14).Through its open-end fund and separate account for pension fund clients, the company invests in major U.S. urban markets, using a build-to-core strategy in large-scale development and redevelopment projects. National builds investment portfolios of stabilized modern property assets—apartment, office, mixed-use, industrial, data centers and hotels—with design features, technological enhancements, and amenities that can drive high tenant demand and create value over time. The firm is a subsidiary of the National Electrical Benefit Fund. For more information visit, www.natadvisors.com.