Phillips Edison & Company's Salt Lake City Office is Awarded LEED Silver Certification

SALT LAKE CITY, Feb. 26, 2014 /PRNewswire/ -- Phillips Edison & Company announced today that their Salt Lake City office has been awarded LEED Silver (Leadership in Energy and Environmental Design) certification for commercial interiors. The LEED rating system, developed by the U.S. Green Building Council (USGBC), is the nation's foremost program for buildings, homes and communities that are designed, constructed, maintained and operated for improved environmental and human health performance.

"Achieving LEED Silver certification is yet another illustration of Phillips Edison's proactive thinking and continued commitment to our associates and the surrounding community," said Bob Myers, Chief Operating Officer. "Our Salt Lake Green Options Team spent countless hours behind the scenes designing, selecting green products and managing the entire construction process resulting in this certification."

LEED certified buildings save money for families, businesses and taxpayers; reduce greenhouse gas emissions; and contribute to a healthier environment for residents, workers and the larger community. Over 44,000 projects are currently participating in the commercial and institutional LEED rating systems, comprising over 8 billion square feet of construction space in all 50 states and countries.

The Hamilton Partners 22-story office tower at 222 Main Street, which houses Phillips Edison's office, is LEED Gold certified and was designed by the internationally acclaimed architectural firm of Skidmore, Owings and Merrill and done so to the highest level of environmental standards. Additionally, local architects, GSBS Architects, who have been at the forefront of sustainable design for more than three decades, designed Phillips Edison's office.

Phillips Edison achieved LEED Silver certification for implementing practical and measurable strategies and solutions aimed at achieving high performance in the six LEED categories: Sustainable Sites, Water Efficiency, Energy & Atmosphere, Materials & Resources, Indoor Environmental Quality, and Innovation in Design. The following highlights some of the office's eco-friendly achievements:

• Building materials with recycled content were used throughout the building office.
• Lighting and mechanical systems offer comfort by providing natural light, clean air and thermal comfort, and are controlled by motion and sound sensors.
• Designers focused on re-using existing office furniture materials and decorative glass to provide a pleasant environment within the new first class office.
• ENERGY STAR-rated equipment and appliances equal to 77 percent, by rated power, have been installed.
• Doors were manufactured using Forestry Stewardship Council (FSC) certified wood.

"Phillips Edison's LEED Silver 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 Phillips Edison serves as a prime example with just how much we can accomplish."

Phillips Edison & Company is committed to becoming an industry leader in energy efficiency, alternative power sources, recycling and other initiatives that will help preserve and protect the environment. Their Green Options Team includes property management, construction and development associates who are researching and implementing energy efficient and eco-friendly programs at the company's properties across the country.

About Phillips Edison & Company

Since 1991, Phillips Edison & Company has specialized in the acquisition, leasing and operation of grocery-anchored neighborhood and community shopping centers. The Company has diversified its portfolio and services to become the total retail solution for property owners, retailers and investors. In addition to its core focus on necessity-based shopping centers, the Company manages specialized funds invested in power centers, enclosed malls, lifestyle centers, net lease properties and other retail real estate assets. Phillips Edison's portfolio of owned and/or managed properties currently includes more than 260 properties, totaling over 31 million square feet in 36 states. The Company has corporate offices in Cincinnati, Salt Lake City and New York City, as well as regional offices across the country.

For more information, please visit www.phillipsedison.com or connect with us on LinkedIn.

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SOURCE Phillips Edison & Company