CHICAGO, Jan. 14, 2016 /PRNewswire/ -- The Telos Group, LLC, exclusive leasing agent for 111 South Wacker, is pleased to announce this 51-story, 1.1 million-square-foot Class A office tower in Chicago's West Loop has achieved LEED® Platinum certification in the category 'Existing Building Operations + Maintenance' from the U.S. Green Building Council (USGBC). Platinum represents the highest level of recognition for green buildings.
"111 South Wacker is one of the most desirable office locations in Chicago, with world-class tenants fully committed to corporate social responsibility," said Bill Truszkowski of Telos Group. "LEED Platinum certification is the industry's highest standard; it doesn't just happen even in a trophy building like this one. This is an achievement for every company here, and a benefit for future tenants."
"Research has proven that the right green building investments also boost employee productivity," said Stuart Gordon, of Metzler Real Estate. "Innovation and productivity are evident everywhere when you walk through 111 South Wacker. It's more than the building systems and technology; it's the people who work here, and their commitment to a greener, healthier workplace."
The LEED Platinum certification process included all building tenants, and was led by Goby LLC, LEED recertification consultants; JLL, property managers; Metzler Real Estate, building ownership's advisors; and Union Investment GmbH, the building's owner.
VIDEO: Follow a day in the life of the people who work, workout and relax in this LEED Platinum office building in this video: "24/7 LEED Platinum at 111 South Wacker: This is It." [http://www.111southwacker.com/]
LEED Certification: A Building Lifecycle Commitment
LEED certification is not permanent, and commitment to green building must remain strong for a building to maintain, improve and renew its certification. LEED is the foremost program for the design, construction and operation of green buildings. With 12.4 billion square feet of building space participating in the suite of rating systems and 1.85 million square feet certifying per day around the world, LEED is transforming the way built environments are designed, constructed, and operated.
111 South Wacker has been at the forefront of LEED certification since its completion in 2005, when the building became the first speculative, high-rise office development awarded LEED Gold certification in the Core & Shell category. The building was also later awarded LEED Gold certification for Existing Buildings Operations + Management (EBO+M).
Recertification at the LEED Platinum level was made possible by notable improvements in the past few years, including:
- Smart building upgrade. A more advanced building automation system makes the building "smarter" and better able to make energy-saving adjustments in real time.
- Commuter education. 85.98 percent of building occupants use alternative commuting methods, which has increased as a result of a tenant awareness initiative on pollution and land-use impacts of commuting by car.
- Plumbing upgrades. Plumbing fixtures and fitting improvements helped reduce water usage to 37 percent below the baseline for LEED-certified office buildings, saving more than 2.2 million gallons annually.
- Waste reduction. A program to reduce landfill waste has resulted in diverting more than half the waste stream from landfills. Today, 53 percent of building waste is recycled.
About 111 South Wacker
Located at what is commonly referred to as "the best location in downtown Chicago," 111 South Wacker is one of Chicago's most prestigious Trophy Class office towers. This 51-story, 1.1-million-square-foot tower is conveniently located just two blocks from Metra's Union Station and Ogilvie Transportation Center, and the CTA's brown, orange, green and purple line trains. Incorporating the latest in international design standards, the building offers tenants efficient 28,000-square-foot floor plates with advanced technology, including redundant electrical and telecommunication services, and ample supplemental cooling capacity. Select amenities include a full service fitness center with on-site trainers, a 3,000-square-foot conference center featuring a 300-person ballroom and multiple smaller conference rooms, and Townhouse Restaurant & Wine Bar. Anchored by Deloitte and home to a world class tenant roster, the building was the first speculative, high-rise office development awarded LEED Gold certification by the U.S. Green Building Council for its Core & Shell. It is now also certified LEED Platinum for Existing Buildings Operations & Maintenance.
About Union Investment
Union Investment is one of Europe's leading real estate investment managers. Its current real estate solutions include 20 open-ended retail and special funds with total assets under management of around EUR 29 billion. Union Investment is currently number one in the retail fund sector in Germany. The company provides its investors with a stable and effective platform that combines strong property acquisition performance with a value-oriented asset management approach. Its broadly diversified property portfolio covers 25 countries world-wide comprising more than 360 properties in the office, hotel, retail and logistics sectors. www.union-investment.com/realestate
About The Telos Group, LLC
The Telos Group, LLC provides leasing, marketing and consulting services in Chicago and consulting services for real estate businesses nationwide. Telos employs a disciplined and goal driven process to create entrepreneurial solutions customized for each assignment. As Chicago's only dedicated owner representation firm, it has been the leader in shaping the evolution of office space for innovative businesses. Telos represents a portfolio of 18 million square feet encompassing historic to trophy buildings owned by diverse ownership groups, from entrepreneurial investor consortiums to international institutions. The firm was awarded Office Property Representative of the Year for 2012, 2013 and 2014 by the Chicago Commercial Real Estate Awards. To learn more about The Telos Group, LLC, visit www.telosgroupllc.com.
Bill Truszkowski, The Telos Group, LLC
Patricia Agos, Akrete
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SOURCE The Telos Group, LLC