Hudson Pacific Properties Joins the Urban Land Institute’s Greenprint Center for Building Performance
November 20, 2019
For more information, contact Trish Riggs, 202-679-4557; [email protected]
WASHINGTON (November 19) – Hudson Pacific Properties, Inc. (NYSE: HPP), a real estate investment trust with a portfolio of office and studio properties in West Coast epicenters of media and tech, has joined the Urban Land Institute’s Greenprint Center for Building Performance (Greenprint). Greenprint is a worldwide alliance of the foremost real estate owners, investors and financial institutions committed to improving the environmental performance of the global real estate industry, with an emphasis on reducing energy consumption and carbon emissions.
“Hudson Pacific Properties is pleased to join the esteemed ULI Greenprint community and advance our efforts to strengthen our environmental framework,” said Natalie Teear, Vice President, Sustainability and Social Impact, Hudson Pacific Properties. “Partnering with this influential network of industry peers presents an exciting opportunity to build upon our sustainability achievements and pioneer meaningful change.”
Founded in 2006, Hudson Pacific acquires, redevelops and develops creative office and studio properties in premier West Coast media and tech markets including Los Angeles, Silicon Valley, San Francisco, Seattle and Vancouver. The company is the leading institutional owner of office space in Silicon Valley and the largest owner and operator of independent studios in the U.S., with a portfolio totaling 18.8 million square feet, including land for development. This year, the company has earned several accolades for its superior leadership, innovation and commitment to environmental protection, including the Global Real Estate Sustainability Benchmark’s (GRESB) highest five-star rating and Green Star designation, a 2019 ENERGY STAR Partner of the Year Award and a Nareit 2019 Leader in the Light Award, among others.
The cumulative holdings of Greenprint members total nearly 10,000 properties in 32 countries with a value of more than $750 billion. Greenprint members are at the forefront of efforts to reduce the carbon footprint of buildings and increase asset values by incorporating sustainability into all aspects of development and building operations. With demand rising from investors and tenants for environmentally conscious space, Greenprint members are raising the bar for high-performing, sustainable buildings.
Hudson Pacific Properties is joining existing members, including Boston Properties; BlackRock; CalPERS; CenterPoint Properties; Clarion Partners; CommonWealth Partners; DWS; FCP; FPA Multifamily; GID; GLL Real Estate Partners; Granite Properties; Heitman; The Howard Hughes Corporation; Jamestown Properties; JBG SMITH; Jones Lang LaSalle; Kilroy Realty; LaSalle Investment Management; LendLease Americas; Morgan Creek Ventures LLC; Parkway Properties; PGIM Real Estate; Prologis; Rudin Management Company, Inc.; Savanna; SL Green; Sonae Sierra; Tishman Speyer; The Net Group; and Zurich Alternative Asset Management.
About the ULI Greenprint Center for Building Performance
The ULI Greenprint Center’s mission is to lead the global real estate industry towards improved environmental performance, focusing on energy efficiency and reduced carbon emissions. Greenprint is a member-driven organization that achieves its goals through measurement, action and education. Through measurement, benchmarking, knowledge sharing, and the implementation of best practices, Greenprint and its members strive to reduce greenhouse gas emissions by 50 percent by 2030. Greenprint is a research center within the ULI Center for Sustainability and Economic Performance, which also oversees ULI’s Urban Resilience Program and the Building Healthy Places initiative. For additional information, visit uli.org/greenprint.