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Liberty Property Trust

Malvern, Pennsylvania

ENERGY STAR Partner of the Year

As a $6.4 billion real estate investment trust, Liberty Property Trust owns nearly 700 properties representing 79 million square feet of office and industrial space throughout the United States and United Kingdom. Liberty Property Trust is receiving ENERGY STAR recognition for its comprehensive energy management approach that uses ENERGY STAR tools and resources to set goals and measure success. Key 2011 accomplishments include:

 

·         Reducing its average weather normalized source energy intensity by 6 percent, which equates to an estimated energy savings of $1.3 million for their tenants, and achieving a portfolio-wide average ENERGY STAR score of 68, an increase of 4 points over 2010.

·         Earning ENERGY STAR certification for 26 buildings, for a cumulative total of 78 certified buildings representing 10.8 million square feet of space.

·         Investing more than $4.2 million to complete more than 160 cost-effective energy efficiency projects.

·         Establishing policies that require tracking the energy use of 100 percent of its managed buildings in Portfolio Manager and mandating that all new construction office building designs must achieve a minimum score of 80 in Target Finder.

·         Distributing monthly progress reports to all property managers and upper management; reports show current ENERGY STAR scores and changes in energy use percentages for each city and region and for the portfolio as a whole.

·         Communicating the value of ENERGY STAR by placing a marketing board in the lobby of each of its ENERGY STAR certified buildings; each marketing board tells the story of the building's efficiency. Liberty Property Trust also published press releases on its buildings that have earned the ENERGY STAR for the first time.