Gold! Gold in Oakland! Shorenstein’s 555 12th Street is now LEED Gold Certified

Gold! I love goooold! So you can imagine how I felt upon learning that 555 12th Street in Oakland City Center is the “first building in the Shorenstein Properties’ commercial real estate portfolio to be LEED Gold certified through the U.S. Green Building Council’s Existing Building Operations and Maintenance (LEED EBOM) program.”

Next stop: Platinum, baby. Maybe someday….

Here it is, deets below:

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via caramida

Shorenstein Properties’ 555 12th Street Building in Oakland City Center Receives LEED(R) Gold Certification

First Shorenstein Asset to Earn Coveted Green Status

OAKLAND, Calif., November 13 /PRNewswire/ — Shorenstein-owned 555 12th Street in Oakland City Center is the first building in the company’s commercial real estate portfolio to be LEED Gold certified through the U.S. Green Building Council’s Existing Building Operations and Maintenance (LEED EBOM) program. LEED is an internationally recognized green building certification system, providing third-party verification that a building employs strategies aimed at improving performance in: energy savings, water efficiency, CO2 emissions reduction, improved indoor environmental quality, and stewardship of resources and sensitivity to their impacts.   The LEED EBOM certification of 555 12th Street comes some seven years after it opened in 2002.

“This is a major accomplishment,” said John Dolby, Shorenstein vice president and leasing manager at Oakland City Center. “We are very proud of Property Manager Diana Hernandez, Chief Engineer Mike Berry, and the entire 555 12th Street staff for their persistent efforts over the past 18 months.” He added, “We also recognize the importance of the participation of the building’s tenants.  Their cooperative spirit was a big factor in achieving the certification.”

The green building consulting firm of Simon & Associates coordinated the LEED certification process for the building. According to Raphael Sperry, AIA, LEED AP, the initial assessment was conducted in late spring of 2008 and work began in earnest in August 2008.  The building was officially designated as LEED Gold on October 31, 2009.

They go on and on – see you after the jump

Following are highlights of steps taken to achieve 555 12th Street’s LEED Gold certification:

 —  555 12th Street has an ENERGY STAR® score of 94, which means it is
     more energy-efficient than 94 percent of office buildings in the
     United States. The building achieves this exemplary level of energy
     performance using high-efficiency lighting and mechanical equipment.
     All major equipment such as chillers and pumps are continuously
     monitored for energy consumption and have variable-speed drives so
     they are used only when necessary to meet the demand of the building.
 —  A detailed energy audit was conducted to identify ways to reduce
     energy consumption even further, saving money in the process. Items
     identified included more efficient operation of the HVAC (heating,
     ventilation, and air conditioning) systems, and lighting upgrades.
 —  A comprehensive set of environmental management policies was adopted,
     addressing products and procedures used in internal and external
     maintenance and janitorial tasks.  Other items addressed were geared
     towards water conservation, purchasing and waste management. These
     policies are being adopted by Shorenstein Properties company-wide.
 —  A diversion rate of over 80 percent away from landfill was achieved
     through composting of food scraps and soiled paper.

 —  555 12th Street staff worked closely with tenants to measure the
     environmental impact of purchasing in the building as a whole. Thanks
     to tenant participation, the LEED team was able to calculate that over
     40 percent of the purchases in the building (by dollar volume) had
     green attributes, such as paper with recycled content and ENERGY STAR®
     rated computers and electronics.
Shorenstein has been actively “greening” its assets for several years, issuing more than fifteen sustainability initiatives to property managers and forming a multidisciplinary committee to implement sustainable practices throughout its portfolio.  The company is a member of the U.S. Green Building Council and received LEED certification at the Gold level upon completion earlier this year of the Kruse Oaks III office building in Lake Oswego, Oregon. When construction is completed next year, the 16-story First & Main office building in downtown Portland will apply to become LEED certified at the Platinum level. Shorenstein has three existing buildings in various stages of LEED certification with plans for five more to be certified in 2010.

Shorenstein is an ENERGY STAR® partner and the success of its energy efficiency efforts can be measured by the fact that 79 percent of the total square footage currently owned by the company’s investment funds is ENERGY STAR® rated.  The company is also a participant in BOMA’s 7 Point Challenge to reduce energy consumption in commercial buildings by 30 percent in 2012.

To view the Green Scorecard for 555 12 Street and other Oakland City Center properties, go to


Located directly above the 12th Street BART station and only two blocks from Interstate 580, City Center is a focal point for commercial and government activity in downtown Oakland.   Oakland City Center encompasses more than 1.5 million square feet of office space and includes 18 restaurants and food outlets, more than a dozen retail shops and services, a complete athletic club and parking for 2,840 vehicles.  The Marriott Hotel and Oakland Convention Center are conveniently located directly across from the development. For more information, go to


San Francisco-based Shorenstein Properties LLC ( is one of the oldest and most successful private real estate investment companies active throughout the United States in the acquisition, development, ownership and management of high quality office properties.  Since its beginning in 1924, the company has evolved from a regional real estate operating company to an active national investor and manager of commingled institutional capital.  Since 1992, Shorenstein has sponsored nine closed-end real estate investment funds.  Shorenstein’s substantial co-investment, integrated investment and operating strategy and strong performance have positioned the company as an experienced leader in the value-added arena.

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