Chicago’s Iconic Willis Tower Selects Entic to Increase Building Efficiency

America’s second tallest building to reduce utility costs and
increase net operating income

FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–#Chicago—Entic,
a leader in IOT and smart building technology, has been selected by Willis
Tower to deliver increased operational efficiency and utility
savings to the iconic 110-story skyscraper at the heart of Chicago’s
skyline. This deal marks the eighth engagement between Entic and Equity
Office, bringing Entic’s enterprise-wide solution to more than 11
million square feet of the company’s global portfolio.

“We are excited to partner with Willis Tower and look forward to helping
them adopt proven tools and practices that will drive significant
savings,” said Carlos Diaz, Co-Founder of Entic. The company’s approach
has documented portfolio-wide utility savings between 10 and 20% for
clients such as Hilton Worldwide.

“As we reinvent Willis Tower, a major focus of our effort is to increase
the building’s energy efficiency and reduce operating expenses,” said
David Moore, SVP – Portfolio Director, Equity Office. “Conservation of
resources and environmental responsibility are critical to our work as
stewards of this historic skyscraper and as leaders in the real estate
industry. We are excited to partner with Entic – an organization with a
strong reputation among some of the most recognized businesses in the
world.”

Standing 1,450 feet and 110 stories tall at 233 S. Wacker Drive, Willis
Tower offers more than 4.5 million square feet of premiere office,
retail and entertainment space. In February, Equity Office announced a
$500M transformation of Willis Tower. Through the investment, Willis
Tower will be reinforced as a civic destination and the city’s premier
workplace, featuring unprecedented amenities and unique retail and
entertainment experiences. Entic’s best-in-class technology provides
actionable operational and financial insights, in real-time, to help
management achieve substantial utility cost reduction, year-round,
despite ongoing construction and changing seasons.

About Equity Office

The Equity Office portfolio, encompassing approximately 47 million
square feet of Class A office space throughout the U.S., is rich with
signature properties in the nation’s leading gateway markets. The
company focuses heavily on meeting the current trends and changing
strategic needs of companies and our chosen markets. With an average
tenure of over 25 years in the real estate industry, our regional
leaders also head teams with deep experience across the board from
investment and asset management, to property management, development and
construction. As an affiliate of Blackstone, a pre-eminent global asset
manager providing significant financial strength and long-term
stability, we are extremely well capitalized. Please visit www.equityoffice.com
for more information.

About Willis Tower

Standing 1,450 feet and 110 stories tall at 233 S. Wacker Drive, Willis
Tower offers more than 4.5 million square feet of premiere office,
retail and entertainment space. Debuted in September 1973 as the Sears
Tower, today more than 100 prominent businesses call Willis Tower home,
including financial services, law firms and insurance companies.
America’s iconic skyscraper is centrally situated between the city’s
financial and cultural hubs and the dynamic West Loop, home to some of
the Windy City’s top shops and restaurants. Boasting spectacular Chicago
and Lake Michigan views reaching nearly 50 miles on a clear day, the
103rd floor Skydeck Chicago is the highest observation deck in the
United States. Featuring The Ledge, a first-of-its kind attraction that
extends four glass viewing boxes beyond the structure itself to create
an unforgettable viewing experience, Willis Tower attracts more than 1.6
million visitors per year. For more information, please visit willistower.com
/ theskydeck.com.

About Entic

Entic helps owners of commercial real estate portfolios to achieve
substantial utility cost reduction and increased asset value through
greater operational visibility and performance. Used by some of the most
recognized names in real estate, hospitality, healthcare and sports,
Entic’s scalable approach delivers low-cost, no-cost opportunities to
realize significant savings. For more information, please visit www.entic.com
and follow Entic on Twitter @enticusa.

Contacts

Entic
Press Contacts:
Rebekah Epstein
[email protected]