As a founding member of the World Green Building Council in 2002, Colliers’ investment in and focus on green office buildings began several years ago. Today, the company has 34 LEED buildings in the United States: 2 Platinum, 14 Gold, 16 Silver, and two certified. It also employs 59 U.S. staff members with LEED credentials (internationally, Colliers has more than 200 LEED-credentialed professionals on board). “Today, investors see a building that isn’t sustainable and view it as a [...]
Of the 100+ Class-A office towers that skim Orange County’s skyline, there are a handful that stand out for their quality construction and tenant amenities. These buildings attract high-end tenants like IBM, Subaru of America, and law firms from the Am Law 100 list (in fact, 70 percent of the law firms listed are tenants in one of four Orange County towers). Not only do these existing buildings have to go up against new construction in the area, such as the 21-story 520 Newport Center, but they also have to compete against each other to stand out.
The term “green building” may soon become an antiquated term, based upon the direction the industry is headed. In high-rise construction, green building is giving way to more holistic approaches – not only to the facility itself, but to its location, its orientation and design, and its ability to enhance the surrounding neighborhood. When these factors are combined with energy-efficiency and water-saving strategies, it all adds up to a healthier building – not just a greener building. At Salesforce Tower (formerly known as Transbay Tower), a 61-story structure in San Francisco that’s scheduled for [...]
Until 2013, AMA Plaza existed as a 52-story multi-tenant office building. It was LEED certified, had completed BOMA’s 7-Point Challenge, and earned the ENERGY STAR label. After experiencing significant vacancy rates, however, the building’s owner – 330 North Wabash Avenue LLC, a joint venture between Riverview Realty Partners (formerly Prime Group Realty LP) and Five Mile Capital partners – sold 12 floors of the 52-story building to Langham Hotels International. What once was an office tower now dedicates floors 2 through 13 to hotel rooms.