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11/28/12
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Two office buildings owned by Hines in LA’s Woodland Hills/Warner Center submarket have received Gold certification under the U.S. Green Building Council's LEED for Existing Buildings (EB) rating system. The buildings, located at 21271 and 21281 Burbank Blvd, north of the 101 Fwy and east of Canoga Ave, are both five-story structures with just over 178.2k sf of space.
Designed by Poliquin Kellogg Design Group and completed in 2001, the buildings are two of five that compose the Warner Center property, which was acquired in 2006 by the Hines U.S. Core Office Fund. 21271 Burbank Boulevard is leased almost entirely to Health Net of California, along with several smaller tenants. 21281 Burbank Boulevard is fully leased to Health Net of California. Hines is responsible for managing and leasing the buildings.
With a current weighted-average ENERGY STAR® score of 97, the buildings are 50 percent more energy efficient and annually save $2.40 in energy costs per square foot when compared to the average U.S. office building. This translates to estimated annual greenhouse gas reductions equivalent to removing 198 passenger vehicles from the road.
Green features implemented at both properties include: energy efficient lighting with reduced mercury content; the use of environmentally sensitive cleaning products and practices; reduced nighttime light pollution; reduction of indoor potable water use through low-flow fixtures and dual-flush handles; a comprehensive recycling program resulting in nearly 85 percent waste diversion; and 100 percent participation in the Hines GREEN OFFICE for Tenants program, which promotes sustainability in tenant spaces.
Hines is one of the most sustainable real estate companies in the world. In 2012 Hines was recognized by the EPA, for the fifth time, with the ENERGY STAR Sustained Excellence Award. Hines manages 187 labelled buildings, representing more than 78 million square feet, in the ENERGY STAR program. Twelve Hines development or redevelopment projects, representing more than six million square feet, have been designated as Designed to Earn the ENERGY STAR.
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