PRESS RELEASE: GLL’s 200 State Street Awarded LEED-EB Gold Certification

BOSTON –GLL Real Estate Partners announced that 200 State Street has earned LEED-EB Gold Certification. Built in 1985, 200 State Street is a 303,000 square-foot, class A office building in the Financial District that was acquired by GLL in 2008.

This certification recognizes that 200 State Street has implemented continuous sustainability improvement measures guided by the Leadership in Energy and Environmental Design for Existing Buildings: Operations and Maintenance (LEED-EB: O&M) v2009, a rating system developed by the U.S. Green Building Council.  Leonardo Academy was subcontracted through Enfinity Partners, the commissioning agent for 200 State Street, to be the LEED consultant supporting the successful achievement of Gold Certification.

LEED-EB Gold Certification is a prestigious rating given to existing buildings for maximizing operational efficiency and minimizing environmental impacts. 200 State Street implemented many sustainability actions to achieve Gold Certification, including:

-Purchased 100% of the overall building energy use with off-site green-e certified renewable energy sources.

-Diverted 100% of the electronic equipment solid waste from the landfill as part of a comprehensive recycling program.

-Documented annual emissions reduction of 2,389 tons of CO2 equivalents through Leonardo Academy’s Cleaner & Greener® Program.  This is the equivalent of removing 454 cars from the road annually.

-Documented a 79% reduction in conventional commuting trips.

-Developed multiple outreach efforts to educate and motivate -building occupants to adopt sustainable practices.

-Incorporated 100% Environmentally Preferable cleaning products.

-200 State Street recycles approximately 53% of the daily ongoing waste stream.

About GLL Real Estate Partners

GLL Real Estate Partners GmbH (GLL) is a Munich based real estate funds management group. GLL was formed in 2000 by three senior executives of HypoVereinsbank, Germany’s then largest real estate bank, in a joint venture with Lend Lease Corporation and Italian insurance giant Assicurazioni Generali. Generali has some €420 billion under management and is capitalized at over €25 billion. During 2006 Lend Lease divested and the Group is now majority owned by its management team and the balance remains with Generali.  GLL’s funds under management now exceed €4 billion with investments across Western Europe, Central Eastern Europe and the United States. Investors with the Group include pension funds, insurance companies and sovereign entities.

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