Colony Realty Partners

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At CRP, we believe we have a responsibility to our investors, our employees, and society as a whole to minimize the impact our properties have on the environment by improving building performance, operations, and maintenance. As such, we are pursuing sustainability goals that will reduce operating costs and improve tenant spaces in an environmentally responsible manner.

Our sustainability goals for office properties are benchmarked, measured, and achieved through two programs: ENERGY STAR and the U.S. Green Building Council's Leadership in Energy and Environmental Design (LEED) Rating System. For our multifamily and industrial properties we have property type specific guidelines for evaluating and upgrading building systems to improve energy efficiency. These programs enable us to identify, evaluate, and implement strategies to improve energy savings.

Commitment to Environment To date steps we have taken include:

  • Registering all the office properties in our portfolio with the ENERGY STAR Portfolio Manager tool, which establishes an EPA rating for a property's energy performance and allows us to benchmark each property's performance
  • Integrating the U.S. Green Building Council's green building rating system for existing buildings (LEED-EB) which provides a guideline for improving building energy performance, water use efficiency, indoor environmental quality and materials use.
  • Accrediting CRP Asset Managers as LEED Certified professionals and have engaged green building consultants to evaluate the LEED-EB environmental performance for the entire office portfolio and establish sustainability goals for each property
  • Bidding out energy consumption in a national program to minimize our energy use at every property
  • Participating in local government programs that provide subsidies and tax credits for green building technologies and strategies
  • Exploring renewable energy options for many of our western US properties with plans to extend this practice to our properties in other regions of the country.