SOURCE: Glenborough, LLC

Glenborough, LLC

December 21, 2010 12:41 ET

Glenborough's Aventine Awarded Prestigious LEED® Platinum Certification

SAN MATEO, CA--(Marketwire - December 21, 2010) - Glenborough, LLC, a San Mateo, CA real estate investment and management company, is proud to announce that the Aventine, a Class A office property, located in La Jolla, California, has been awarded LEED® Platinum certification by the U.S. Green Building Council and verified by the Green Building Certification Institute (GBCI). The Aventine is one of only three 20 plus year old multi-tenant office buildings in the United States that has earned the prestigious LEED Platinum certification, which is the highest level of LEED Certification. LEED (Leadership in Energy and Environmental Design) is the nation's preeminent program for the design, construction and operation of high performance green buildings.

Constructed in 1990, the Aventine is comprised of an eleven story tower and an adjacent six-story building. The Aventine achieved LEED certification for energy use, lighting, water and material use as well as incorporating a variety of other operational best practices. By using less energy and water, LEED certified buildings save money for businesses and taxpayers; and contribute to a healthier environment for residents, workers and the larger community. "The Aventine demonstrates the highest level of energy efficiency and sustainability by obtaining LEED Platinum certification," said Andrew Batinovich, Glenborough's President and CEO.

As of December 2010, Glenborough, LLC has also achieved an average ENERGY STAR rating of 85 across its entire portfolio of buildings and is being again recognized as a "Top Leader" with the EPA. Nationwide, over 90% of Glenborough's portfolio has earned the ENERGY STAR label. Among its California properties alone, an impressive 96% of its California properties have earned or received the ENERGY STAR designation.

"The Aventine LEED Platinum certification demonstrates tremendous green building leadership," said Rick Fedrizzi, President, CEO & Founding Chair, U.S. Green Building Council. "The urgency of USGBC's mission has challenged the industry to move faster and reach further than ever before, and Glenborough's Aventine serves as a prime example of just how much can be accomplished."

Over the last 4 years, Glenborough has proactively made several major changes to the building operation transforming the Aventine towards being one of the most energy efficient and sustainable office buildings in the country. Having an EPA ENERGY STAR rating of "100," which is the top rating given by the ENERGY STAR; Glenborough pursued the coveted LEED Platinum level of certification. By creating a Strategic Vendor team, Glenborough pulled its partner vendors together demonstrating just how efficient and sustainable of an operation the Aventine building is.

The U.S. Green Building Council's LEED green building certification system is the foremost program for the design, construction and operation of green buildings. Over 32,000 projects are currently participating in the commercial and institutional LEED rating systems, comprising over 9.6 billion square feet of construction space in all 50 states and 114 countries.

About Glenborough, LLC

Glenborough, LLC brings over three decades of experience to the commercial real estate industry. Formerly a NYSE listed real estate investment trust, the company is a privately held full service real estate investment and management company focused on the acquisition, management, and leasing of high quality commercial properties. We invest in core and value add properties in major markets across the country including San Francisco, Southern California, and Washington DC. For further information, visit www.glenborough.com.

Contact Information

  • Contact:
    Andrew Batinovich
    President and CEO
    Phone: 650.343.9300
    e-mail: Email Contact

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