LBA Realty is a full service real estate investment and management company with a diverse portfolio of office and industrial properties in major markets throughout the western United States. Their sustainability strategy is to execute first and foremost on the business case within their real estate portfolio. This requires taking a strategic view by considering costs weighed against benefits in the context of improved financial performance, enhanced operating efficiency, employee recruitment and retention, risk mitigation, corporate identity, brand and leadership. Sustainability and their approach are each a key part of what it means to deliver outstanding customer service, providing quality real estate asset management, and meeting their responsibilities as fiduciary to their investors.
As a Better Buildings Challenge Partner, LBA will continue to strengthen our sustainability strategy throughout our portfolio. Annually, each property team will continue to prepare and implement sustainability action plans for each asset which includes a property overview, property operating components, a performance assessment, plans to improve performance and goals. Additionally, these plans include specific objectives around energy efficiency and sustainability, tenant engagement, and energy retrofits where appropriate. We will continue to provide training, templates and processes for sharing best practices to our property teams, engineers and all stakeholders to further optimize sustainability performance wherever possible. LBA will continue to use both LEED and ENERGY STAR® as operating frameworks for implementing sustainability and operating best practices, including seeking third party validation of performance and certification where appropriate. Through these measures, LBA is confident that they will achieve their commitment to the Better Buildings Challenge.
|20%Reduction in Energy Intensity|
20% reduction in Energy Intensity by 2023 from a 2013 baseline. Based on a commitment of 9.1 million square feet.
|17%Equivalent Cumulative % Improvement|