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Clarion Partners Completes Over 100 Industrial Certifications Under the USGBC's LEED Volume Program

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Clarion Partners has achieved LEED certification for over 100 industrial projects, totaling more than 35 million square feet under the USGBC's LEED Volume Program. The company developed a LEED Volume prototype in 2021 with Argento/Graham for certifying new developments more efficiently and cost-effectively. The program focuses on low-emitting materials, energy and water efficiency, and solar readiness. A notable example is the Manassas Logistics Center's Phase 1, which received LEED-Silver certification, featuring two buildings totaling 337,046 square feet with energy-efficient features and 41 acres of preserved ecological land.

Clarion Partners ha ottenuto la certificazione LEED per oltre 100 progetti industriali, per un totale di oltre 35 milioni di piedi quadrati nell'ambito del Programma di Volume LEED dell'USGBC. L'azienda ha sviluppato un prototipo di Volume LEED nel 2021 con Argento/Graham per certificare nuovi sviluppi in modo più efficiente ed economico. Il programma si concentra su materiali a basse emissioni, efficienza energetica e idrica, e prontezza per l'energia solare. Un esempio notevole è la Fase 1 del Centro Logistico di Manassas, che ha ricevuto la certificazione LEED Argento, comprendente due edifici per un totale di 337.046 piedi quadrati con caratteristiche energeticamente efficienti e 41 acri di terreno ecologico preservato.

Clarion Partners ha logrado la certificación LEED para más de 100 proyectos industriales, sumando más de 35 millones de pies cuadrados bajo el Programa de Volumen LEED de la USGBC. La empresa desarrolló un prototipo de Volumen LEED en 2021 con Argento/Graham para certificar nuevos desarrollos de manera más eficiente y económica. El programa se centra en materiales de bajas emisiones, eficiencia energética y de agua, y preparación para energía solar. Un ejemplo notable es la Fase 1 del Centro Logístico de Manassas, que recibió la certificación LEED Plata, que incluye dos edificios que suman 337,046 pies cuadrados con características de eficiencia energética y 41 acres de tierra ecológica preservada.

클라리온 파트너스는 USGBC의 LEED 볼륨 프로그램에 따라 100개 이상의 산업 프로젝트에 대해 LEED 인증을 획득하였으며, 총 3,500만 평방피트 이상의 면적을 차지합니다. 회사는 2021년에 아르젠토/그레이엄과 함께 새로운 개발을 보다 효율적이고 경제적으로 인증할 수 있는 LEED 볼륨 프로토타입을 개발하였습니다. 이 프로그램은 저감 배출 자재, 에너지 및 물 효율성, 그리고 태양광 준비 상태에 중점을 두고 있습니다. 주목할 만한 예는 LEED 실버 인증을 받은 마나사스 물류 센터의 1단계로, 총 면적 337,046 평방피트를 자랑하는 두 개의 건물과 41에이커의 생태 보존 토지를 포함하고 있습니다.

Clarion Partners a obtenu la certification LEED pour plus de 100 projets industriels, totalisant plus de 35 millions de pieds carrés dans le cadre du programme LEED Volume de l'USGBC. L'entreprise a développé un prototype de Volume LEED en 2021 avec Argento/Graham pour certifier de nouveaux développements de manière plus efficace et à moindre coût. Le programme se concentre sur les matériaux à faibles émissions, l'efficacité énergétique et de l'eau, et la préparation à l’énergie solaire. Un exemple notable est la Phase 1 du Centre Logistique de Manassas, qui a reçu la certification LEED Argent, comprenant deux bâtiments totalisant 337 046 pieds carrés avec des caractéristiques énergétiquement efficaces et 41 acres de terre écologique préservée.

Clarion Partners hat für über 100 Industrieprojekte die LEED-Zertifizierung erhalten, die insgesamt mehr als 35 Millionen Quadratfuß im Rahmen des LEED-VOLUME-Programms der USGBC umfassen. Das Unternehmen entwickelte 2021 mit Argento/Graham einen LEED Volumenprototyp, um neue Entwicklungen effizienter und kostengünstiger zu zertifizieren. Das Programm konzentriert sich auf emissionsarme Materialien, Energie- und Wassereffizienz sowie Solarbereitschaft. Ein bemerkenswertes Beispiel ist die Phase 1 des Manassas Logistikzentrums, das die LEED-Silber-Zertifizierung erhielt und zwei Gebäude mit insgesamt 337.046 Quadratfuß und energieeffizienten Merkmalen sowie 41 Acres geschütztem Ökologischen Land umfasst.

Positive
  • Successfully certified over 100 industrial projects under LEED program
  • More cost-effective certification process through LEED Volume Program
  • Enhanced property value through environmental certifications
  • Preservation of 41 acres of ecological land at Manassas Logistics Center
Negative
  • Additional costs for LEED certification registration and review fees

Insights

The milestone of 100 LEED certifications across 35 million square feet of industrial space demonstrates Clarion Partners' significant commitment to sustainable real estate development. This achievement has several key business implications:

Cost Benefits: The LEED Volume Program allows for more cost-effective certification compared to individual certifications, improving operational efficiency. Properties feature energy-saving elements like LED lighting and high-albedo roofs, which can reduce operating expenses by 20-30%.

Market Position: With growing tenant demand for sustainable facilities, these certifications strengthen Clarion's competitive position in the industrial real estate market. The focus on ESG compliance and efficiency helps attract quality tenants and potentially commands premium rents.

Asset Value: The LEED certifications and strategic land preservation (like the 41 acres in Manassas) provide long-term value protection against climate risks and regulatory changes, potentially enhancing property valuations and reducing future capital expenditure needs.

NORTHAMPTON, MA / ACCESSWIRE / November 5, 2024 / Franklin Templeton:

Clarion Partners, LLC, a leading real estate investment manager and one of the largest owners and developers of logistics properties in the U.S., has achieved LEED certification for more than 100 industrial projects totaling over 35 million square feet under the U.S. Green Building Council's (USGBC) LEED v4 for Warehouse and Distribution Centers Volume Program ("LEED Volume Program").* LEED, or Leadership in Energy & Environmental Design, is the most widely used green building rating system in the world and an international symbol of excellence in green building.

In 2021, Clarion developed a LEED Volume prototype in partnership with sustainability consultants Argento/Graham for the certification of new development projects. Through the program, which focuses on the use of low-emitting building materials, energy and water efficiency, solar readiness, risk and resiliency evaluations and other elements, Clarion achieves LEED certification for development projects in a more efficient and cost-effective manner as compared to pursuing certification of individual buildings under the standard LEED program.

Obtaining LEED certification is just one of the many ways the Firm works to deliver Class A, modern, logistics facilities for tenants.

"In a competitive business environment, logistics tenants are increasingly focused on reducing the cost of their operations while also minimizing their impact on the environment," said Managing Director Bohdy Hedgcock. "Occupying a LEED certified building helps provide assurances that their property is designed to do both."

Phase 1 of the Manassas Logistics Center is an example of a new development which recently received LEED-Silver certification. The two-building, Class A warehouse development located within the greater Baltimore/Washington, DC market, consists of two rear-load buildings totaling 337,046 square feet. Both buildings incorporate features that help to reduce operating costs, including a high-albedo roof which aids interior temperature control, low-flow interior water fixtures, LED lighting and other energy efficiency enhancements. As part of this development,

Clarion also preserved over 41 acres of ecologically sensitive land on the site. The land preservation will support protection of the buildings from flooding.

"Clarion's objective is to safeguard and future-proof our properties by adopting strategic ESG policies and pursuing certifications that will bolster asset valuations," says Clarion Partners Head of ESG Karen Mahrous. "In addition to these LEED volume certifications, we strategically pursue a range of health, well-being, and efficiency-focused certifications for properties across our portfolio."

*LEED Building Design and Construction certifications are issued by Green Business Certification Inc. (GBCI). Certifications are issued at the time of building development or major renovation and last in perpetuity. Rankings range from Certified to Platinum level for individual properties. Properties must pay registration and review fees to pursue LEED certifications.

About Clarion Partners, LLC

Clarion Partners has been a leading real estate investment manager for over 40 years. Headquartered in New York, the firm maintains strategically located offices across the United States and Europe. With over $74 billion in total real estate and debt assets under management, Clarion Partners offers a broad range of real estate strategies across the risk/return spectrum to approximately 500 institutional investors across the globe. Clarion is scaled in all major property types and was an early entrant into the Industrial sector. The Firm's global industrial team manages a 1,000+ property portfolio in the U.S. and Europe consisting of more than 253 million square feet. Clarion Partners is an independent subsidiary of Franklin Templeton. Visit www.clarionpartners.com for more information.

About Franklin Templeton

Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton's mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and over $1.6 trillion in assets under management as of September 30, 2024. For more information, please visit franklintempleton.com and follow us on LinkedIn, X and Facebook.

Press Contact:

Natalie Evertson
Natalie.Evertson@ClarionPartners.com
212-883-2595

Disclaimer: Nothing herein constitutes an offer or solicitation of any product or service to any person or in any jurisdiction where such offer or solicitation is not authorized or is prohibited by law.

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Contact Info:

Spokesperson: Franklin Templeton
Website: https://www.3blmedia.com/profiles/franklin-templeton
Email: info@3blmedia.com

SOURCE: Franklin Templeton



View the original press release on accesswire.com

FAQ

How many industrial projects has Clarion Partners certified under LEED Volume Program?

Clarion Partners has certified over 100 industrial projects, totaling more than 35 million square feet under the USGBC's LEED Volume Program.

What is the size of Clarion Partners' Manassas Logistics Center Phase 1?

The Manassas Logistics Center Phase 1 consists of two rear-load buildings totaling 337,046 square feet.

When did Clarion Partners develop their LEED Volume prototype?

Clarion Partners developed their LEED Volume prototype in 2021 in partnership with sustainability consultants Argento/Graham.

What environmental features are included in the Manassas Logistics Center?

The Manassas Logistics Center features a high-albedo roof for temperature control, low-flow interior water fixtures, LED lighting, energy efficiency enhancements, and preserves over 41 acres of ecologically sensitive land.

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