09/18/2008

GPX Realty Partners Launches Green Initiative

 
GPX Realty Partners LP, Philadelphia, has launched a new green initiative to ensure that its commercial and multi-family property portfolio in the Delaware Valley is becoming more eco-friendly. The initiative includes five green components that GPX Realty Partners is striving to implement through its portfolio, including occupancy sensors for lighting; thermoplastic olefin (TPO) roofing; energy-efficient HVAC units; environmentally friendly, certified carpet; and low-VOC interior paints.

"We feel very strongly about taking the initiative to perform a green approach to development and investment," says Joe Conwell, managing director, GPX Realty Partners.  "When performed successfully, these investment-friendly buildings can only benefit lessees and investors." The initiative helps GPX do its part to positively impact the environment while helping its investors earn higher returns. In fact, green-certified buildings generate 8.5-percent higher rents for an average-sized building, according to a recent study by the University of California, Berkeley.

"The real estate industry is at a critical stage where we're trying to balance profitability with ecological sustainability," says Christopher Canale, vice president of operations at GPX. "We're approaching a tipping point where best practices for green development will become standard protocols."

For more information, visit www.gpxrealty.com.
 


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Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.


When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality.

Bluebeam® Revu® simplifies digital facilities document management from design review to leveraging as-builts, maintenance manuals and O&Ms submittals.

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.


 
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