SOURCE: Glenborough, LLC

Glenborough, LLC

March 17, 2010 10:00 ET

EPA Names Glenborough an ENERGY STAR "Leader/Top Performer" in Greenhouse Gas Reduction

SAN MATEO, CA--(Marketwire - March 17, 2010) - Glenborough, LLC, a San Mateo, CA real estate investment and management company specializing in office properties, is pleased to announce that for the second year in a row, the United States Environmental Protection Agency (EPA) has named it an ENERGY STAR Leader in reducing greenhouse gas emissions. In a letter to Director of Engineering Carlos Santamaria, the EPA lauded Glenborough's "superior energy performance" and thanked the company for protecting the environment.

The rigorous ENERGY STAR commercial building assessment process, now in its fourth year, rates the energy performance of commercial and industrial facilities on a 1-100 scale. Those achieving a score of 75 or higher are eligible to display the ENERGY STAR label, indicating that they are among the top 25% of facilities in the country for energy performance.

As of late 2009, Glenborough, LLC had achieved an average ENERGY STAR rating of 80 across its entire portfolio of buildings. Nationwide, over 80% of Glenborough's portfolio has been recognized with the ENERGY STAR label. Among its California properties alone, Glenborough has achieved an impressive average ENERGY STAR rating of 85, with 96% of its California properties receiving the ENERGY STAR designation. Commercial buildings that have earned the ENERGY STAR use 40 percent less energy and emit 35 percent less carbon dioxide than typical similar buildings -- and distinguish their developers, managers and tenants as being committed to reducing greenhouse gas emissions.

As an ENERGY STAR Top Performer, Glenborough believes that good environmental stewardship is everybody's business, and is proud to recognize the important role played by the designers, engineers, contractors, suppliers and building managers whose dedication to energy savings and sustainable development have made this achievement possible. For more information about Glenborough's ENERGY STAR efforts and other green building initiatives, visit www.glenborough.com

About Glenborough, LLC

Glenborough, LLC is a real estate investment and management company with 30 years of industry experience. Formerly a NYSE listed real estate investment trust, the company returned to its private roots in 2006. Glenborough is focused on the acquisition, management, leasing and development of high quality office properties and currently has over $1.5 billion of assets under management. The company's primary investment markets are Northern California, Southern California, Denver and Washington, D.C. For further information, visit www.glenborough.com.

Contact Information

  • Contact:
    Andrew Batinovich

    President and CEO
    Phone: 650.343.9300
    Email Contact

    Glenborough, LLC
    400 South El Camino Real
    San Mateo, CA 94402-1708