Thursday, February 28, 2008

BOMA International’s 7-Point Challenge Gains Momentum

Commercial Real Estate Organizations Commit to Improving Energy Performance by 30% by 2012


WASHINGTON, DC--(BUSINESS WIRE)--The Building Owners and Managers Association (BOMA) International’s 7-Point Challenge, an innovative energy reduction plan to achieve market transformation in the commercial real estate industry, is gaining momentum as the leading companies and BOMA local associations around the country sign on to endorse the challenge.

Companies endorsing the challenge include Carr Services, CB Richard Ellis, Colonial Properties Trust, Cousins Properties, Cushman & Wakefield, Glenborough, Hines, LBA Realty, Opus, Parmenter Realty Group, PM Realty Group, Stream Realty Partners, Transwestern and USAA Real Estate Company


BOMA International introduced its Market Transformation Energy Plan, which includes the 7-Point Challenge, to its members in July 2007 as an aggressive but realistic strategy to reduce the use of natural resources, non-renewable energy sources and waste production in commercial buildings.

The goals of the plan include decreasing energy consumption by 30 percent across portfolios by 2012; benchmarking energy performance and water usage through the Environmental Protection Agency’s ENERGY STAR® benchmarking tool; and providing education to building owners and operators and others involved in building operations, to ensure that equipment is properly operated and maintained.

“We are very proud to see this important initiative gaining momentum in the industry,” said BOMA International Chairman and Chief Elected Officer Brenna S. Walraven, (photo top right) RPA, CPM, executive managing director, national property management, USAA Real Estate Company.
“Commercial real estate professionals understand that in addition to the tremendous financial value created by adopting and executing on the goals of the 7 Point Challenge, implementing ‘green’ management practices also results in a positive return for building occupants and for the environment."

BOMA CONTACT:
Laura Horsley,
202-326-6315
Director of Communications
lhorsley@boma.org *****************************************************************************

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