GPX Realty Partners Launches Green Initiative 09/18/2008 | 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. Previous ArticleNext ArticleENERGY STAR Announces 2013 Upgrade of Portfolio Manager Read more on Lighting » Twitter Facebook LinkedIn RSS Email to a Friend * required fields From* To * Message cancel Email Print Print Related Coverage Inside San Francisco Airport’s Triple Zero Plan Proposed Efficiency Standard for Lighting ADDITIONAL FM TOPICS Lighting Editor's Letter Lighting UL Launches Photometric Database for Lighting Lighting LED Lighting Satisfies Hotel Guest Experience Lighting Hit Your Production Targets by Throwing Out Your Old High Bays Lighting Why the Time is Now for Advanced Lighting Controls Project Management The Key to Project Success: Collaboration Roofing The Vital Role of Insulation in Roofing Systems HVAC Portable Air Conditioners Taming Hot Summer Temperatures: Keeping People & Networks Safe Security A New Approach to Vendor Risk Management Related Articles 4 Common Mistakes with LEDs More Than 37% of U.S. Workers are Sleep-Deprived ‘Expert in a Suitcase’ Provides Energy-Saving Solution Inside San Francisco Airport’s Triple Zero Plan New Program Provides More Accessible Zero Energy Certification Sponsored Links Smart roof systems improve building energy efficiency! Polyglass’ Polyfresko cap sheets with CURE Technology saves on energy. Engineered to perform, Polyfresko has superior granule adhesion and excellent puncture, stain and UV resistance.