Kennedy Associates Real Estate Investment Advisors

Seattle, Washington

ENERGY STAR Partner of the Year - Energy Management

Kennedy Associates Real Estate Investment Advisors

Kennedy Associates Real Estate Investment Advisors is a full-service real estate investment advisor managing more than $9.5 billion in assets nationwide for the Multi-Employer Property Trust and a select group of separate accounts made up of public, corporate, and Taft-Hartley retirement systems and university endowments. An ENERGY STAR partner since 2005, Kennedy is receiving ENERGY STAR recognition for its commitment to Responsible Property Investing, which considers the social and environmental consequences of real estate decisions beyond traditional fiduciary goals. This is the first time Kennedy has received ENERGY STAR recognition. Key accomplishments include:

         Reducing energy use by 4.5% over the previous year.

         Benchmarking all eligible office and warehouse buildings each month, representing approximately 24 million square feet.

         Earning the ENERGY STAR for 12 buildings in 2008, for a total of 43 ENERGY STAR qualified buildings representing approximately 8.2 million square feet.

         Requiring its third-party property management companies to implement operational best practices for increasing energy efficiency, as well as expanding outreach efforts to encourage tenant energy conservation.

         Creating new software tools, guidance manuals, reports, and training for employees to improve its ability to track, analyze, and report ENERGY STAR benchmarking activities.

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