CommonWealth Partners Wins 2018 ENERGY STAR® Partner of the Year Award From EPA

LOS ANGELES–(BUSINESS WIRE)–CommonWealth
Partners LLC, a national real estate investment, development and
management firm, has received the 2018 ENERGY
STAR® Partner of the Year Award from the U.S. Environmental
Protection Agency for reducing energy use, building operating costs and
carbon emissions across its entire office portfolio. CommonWealth
Partners owns the portfolio in joint venture with the California Public
Employees Retirement System (CalPERS) and operates Class A office assets
in major markets across the U.S. The award winners are chosen from
nearly 20,000 partner participants in the ENERGY STAR program.

“This award truly belongs to our entire team who are dedicated and
tireless in their efforts to achieve superior energy efficiencies at our
properties,” said Travis Addison, Executive Vice President, CommonWealth
Partners. “We are ardent advocates for sustainable building operations
because they allow our tenants to enjoy healthier workplaces and reduced
costs while also achieving superior results for our investors. Equally
important for all of us, we are contributing toward healthier
communities for future generations.”

CommonWealth Partners’ major sustainability accomplishments in 2017 that
earned the ENERGY STAR Award include:

• Reducing energy consumption and greenhouse gas emissions by 20%, well
  before its 2020 target date
• Cutting energy use across the portfolio by 2,745 megawatt hours while
  simultaneously increasing occupancy
• Earning the ENERGY STAR label for 80% of the CalPERS/CommonWealth
  Partners’ portfolio
• Earning an average ENERGY STAR score of 88 on the benchmarked
  properties
• Achieving LEED Certification for 99.5% of the portfolio including
  three Platinum and 10 Gold certifications
• Reducing annual CO2 emissions by 2,252 tons, equivalent to
  removing 437 passenger vehicles from the road for one year
• Establishing an award-winning tenant engagement campaign

“The 2018 ENERGY STAR Partners of the Year have demonstrated real
leadership, showing how American families and businesses can save
energy, save money and reduce air emissions,” said Bill Wehrum, EPA
Assistant Administrator for Air and Radiation.

CommonWealth Partners stood out among many highly competitive
submissions this year, demonstrating exemplary commitment and dedication
to leadership in energy efficiency and the ENERGY STAR program,
according to the EPA in its letter announcing the award.

Award winners will be recognized at a ceremony in Washington, D.C., on
April 20.

Addison points out that the EPA’s ENERGY STAR platform helped
CommonWealth Partners to identify important reductions in energy use and
provided key performance measurement tools.

About CommonWealth Partners

CommonWealth Partners LLC is a vertically integrated, privately owned
real estate investment, development and management organization with
assets located throughout the United States, including New York,
Washington DC, Seattle, San Francisco and Los Angeles. The company
offers a wide array of services including investment and capital market
transactions, portfolio management, asset management, property
management, marketing, leasing, development and reporting with a sharp
focus on its tenants and investors.

Contacts

For CommonWealth Partners
Barbara S. Casey
(310) 636-1888
[email protected]