GPX Realty Partners Launches Green Initiative

BUILDINGS - Smarter Facilities Management

Industry News

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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Search our Trade Pro Directory to find professionals that can help identify energy-efficient natural gas options that save energy and qualify for rebates to save you money.

 


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

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. 


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.


 

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