Published 04-22-09
Submitted by Glenborough, LLC
SAN MATEO, CA -- (MARKET WIRE) -- 04/22/09 -- Glenborough, LLC, a San Mateo, CA real estate investment and management company specializing in office properties, will conduct special events at several of its Class A commercial properties on both coasts of the United States in observance of Earth Day 2009.
On the east coast, five of the company's Washington, DC-area properties (Montgomery Executive Center in Gaithersburg, MD; Metro Place II in Vienna, VA; 1525 Wilson Boulevard in Arlington, VA; 700 South Washington Street in Alexandria, VA and 1100 17th Street in Washington, DC) will get tenants directly involved, challenging them to write 150-word essays describing what their employers and organizations are doing to promote sustainability. Appropriately, tenants who participate in this activity will receive reusable tote bags for their efforts. Meanwhile, the company's Park Place Office property in Clearwater, FL will host a breakfast event featuring a used battery and e-recycling collection/drop-off drive as building managers distribute handouts informing visitors and tenants about the ENERGY STAR energy efficiency program and Glenborough's recycling efforts.
As dawn breaks later in the west, several of the company's California
properties will host special events to promote sustainable and energy-saving practices. The lobby will be buzzing with an educational event at 201 California Street in San Francisco, featuring information from building suppliers ranging from PG&E to IReUse, CleanSource and other green products manufacturers. Meanwhile, further down the coast in San Diego, The Aventine, Glenborough's landmark 240,000 square-foot commercial center -- and owner of a rare ENERGY STAR 100% rating -- will host numerous tenant activities focusing on green practices within the building and tips on continuing sustainable activities at home. Several key business partners including Alpha Mechanical, Optimum Energy, Light-Source, CleanSource, Renewable Energy, Brickman Landscape, E-Cycle and Waste Management will present their sustainability and recycling programs.
Building tenants will be invited to showcase their companies' green practices. Finally, Glenborough's 400 South El Camino Real property in San Mateo will energize its lobby with educational information on recycling, green cleaning, energy conservation and the building's LEED certification.
Glenborough believes that good environmental stewardship is everybody's business, and is proud to recognize the important role played by its suppliers, strategic partners and tenants. Through these Earth Day events and other ongoing environmental awareness efforts, Glenborough will continue to assume the role of a leader in energy efficiency and environmental awareness. This includes the company's recent acceptance of the Building Owners and Managers Association (BOMA) 7-Point Green Challenge to improve energy performance and pursue a portfolio-wide 30% use reduction by 2012.
About Glenborough, LLC
Glenborough, LLC is a real estate investment and management company with 30 years of industry experience. Formerly a NYSE listed real estate investment trust, the company returned to its private roots in 2006. Glenborough is focused on the acquisition, management, leasing and development of high quality office properties and currently has over $2.5 billon of assets under management, including core, value add and development properties. The company's primary investment markets are Northern California, Southern California, Denver and Washington, D.C. For further information, visit www.glenborough.com.