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 Sustainability / Resilience » Twitter Facebook LinkedIn RSS Email to a Friend * required fields From* To * Message cancel Email Print Print Related Coverage Recall on Philips Lighting Lamps Expands due to Fire, Laceration Hazards Flickering and Other LED Anomalies ADDITIONAL FM TOPICS Lighting Parking Garage Delivers $116,000 Annual Savings with LEDs Lighting Improper LED Retrofits Pose a Risk Lighting Lighting Controls Association Releases Light Guide for Open Offices Lighting Hit Your Production Targets by Throwing Out Your Old High Bays Roofing Protect Your Building with a Roof Warranty Interiors Sustainable Locker Materials and Solutions for Every Place and Purpose Interiors Five Trends Transforming the Office Space and the Impact on Your Bottom Line Roofing The Keys to Roof Inspections Sound Masking Speech Privacy & Sound Masking in Modern Architecture Related Articles RECALL: Philips Energy Metal Halide Lamps May Explode How One Air Force Base Is Saving 5.5 Million kWh How Much Energy Are You Wasting Overnight? Finding Rebates and Incentives for Lighting Upgrades 3 Money-Saving Tips for Relamping Sponsored Links Improve building energy efficiency and reduce maintenance expenses with Polyglass’ Kool Roof Solutions, featuring Polyfresko highly reflective cap sheet and several roof coating options.