Monday, December 1, 2014

American Realty Advisors Launches Program Saving More Than One Million Gallons of Water Annually in Prominent Chicago Office Building

  
150 Wacker Drive, Chicago, IL

Jay Butterfield
CHICAGO, IL, Dec. 1, 2014 – American Realty Advisors, an institutional real estate investment manager with more than $6 billion in assets under management has announced the launch of a new sustainability initiative, beginning at 150 N. Wacker Drive, a 31-story office tower in Chicago, Illinois, designed to reduce water consumption by more than one million gallons per year at the property.

“Commercial properties currently account for nearly 40 percent of total energy use in the U.S., and 38 percent of total greenhouse/carbon dioxide emissions,” says Jay Butterfield, Managing Director, Fund/Separate Account Operations, of American.  

“For this reason, sustainability strategies are a top priority for American and for our investors.  By saving resources, we can conserve power, decrease environmental impact, and reduce operating costs.”

150 N. Wacker recently underwent LEED re-certification in early 2014.  As part of this process, American conducted a detailed analysis of existing building systems and developed a plan to reduce energy and resource usage, according to Butterfield.

For a complete copy of the company’s news release, please contact:

Lexi Astfalk / Jenn Quader
Brower, Miller & Cole
(949) 955-7940




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