WashREIT

WashREIT

WashREIT owns and operates uniquely positioned real estate assets in the Washington D.C. market. WashREIT invests in sustainable solutions across our portfolio of office, retail, and multifamily properties. With decades of sustainability and efficiency expertise, they’ve proven a commitment to operating high-performing properties that serve their tenants, investors, and communities in a responsible manner. Because of the unique challenges posed by climate change, they embrace uncommon solutions for increasing asset value, mitigating risks, and preparing for future market demands.

WashREIT has demonstrated a long term commitment to efficient operations by setting their energy reduction target. To achieve reductions, they establish portfolio-wide standards and execute property-specific solutions. They rely on robust data collection to best understand current operations and identify opportunities for improvement. All properties are benchmarked for energy, water, and waste use using ENERGY STAR Portfolio Manager. All office properties utilize Energy Intelligence Software to view real-time electricity consumption data in five-minute intervals. The system’s analytics generate site-specific recommendations to better control energy consumption and demand. They also use a utility bill management system to automatically flag consumption anomalies. To supplement these automated analyses, they conduct both in-house and third-party energy audits and assessments to identify operational and capital efficiency projects. Collectively, these strategies help them to deliver value to our tenants, shareholders, and communities.

Challenge Commitment
8Million Square Feet
Energy Goals
20%Reduction in Energy Use Intensity
Progress
2%Average Annual % Improvement