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 Email Share Share Other Open Social Related Coverage Relamping for Productivity and Wellness How Wireless Lighting Controls Slash Spending Lamp Flicker Accelerates Standards and Test Procedures Related Articles Lighting Why the Time is Now for Advanced Lighting Controls Lighting Best Lighting For Hospitals and Healthcare Facilities Lighting Do Your IoT Devices Risk a Security Breach? Lighting ‘Expert in a Suitcase’ Provides Energy-Saving Solution Sustainability / Resilience How to Future-Proof Your Building Building Controls The First Steps of Adding Intelligence to Your Facility Energy Management How to Increase Productivity and Engagement in Outdoor Spaces Building Controls Fine-Tuning HVAC Controls for Maximum Efficiency HVAC Fine-Tuning HVAC Controls for Maximum Efficiency Related Articles New Applications for DALI Lighting Controls Quality of Light vs. Efficacy: Human-Centric Approach to Lighting Importance of Emergency and Exit Lighting in Your Building DALI Explained LED vs. Induction Lighting 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. Increase profitability by cleaning smarter and transforming your building into a high performing asset. Get tips from High Performance Building experts Whether it’s earning an IREM credential or increasing your job skills, any goal in property management can be accomplished with IREM education. Click here to visit our website!