08/10/2022 | Press release | Distributed by Public on 08/10/2022 07:36
INDIANAPOLIS - August 10, 2022 - Duke Realty Corporation (NYSE: DRE), the leading domestic only, pure-play logistics property REIT (Real Estate Investment Trust) in the United States, announces the completion of the industry's first Smart Building. The Smart Building program allows tenants to incorporate intelligent and sustainable features in the development design process. The completed building, a 529,866-square-foot at 13131 Los Angeles Street in Irwindale, California, has a building automation system (BAS), smart metering system, solar panels and high efficiency air conditioning units. This new Smart Building will reduce greenhouse gas emissions by 800,000 kg CO2e (carbon dioxide equivalent) per year when compared to an air-conditioned warehouse powered by traditional electrical energy sources.
"Duke Realty has been an industry leader in sustainable building practices and our pledge to achieving carbon neutrality," said Megan Basore, Duke Realty's vice president of Corporate Responsibility. "This first of its kind facility proves our commitment and allows us to work closely with our customers to limit our impact on the communities we serve."
Smart Building features include:
"Duke Realty values our tenant relationships, and they too are working toward limiting their environmental impact," said Nancy Shultz, Duke Realty's West Region president. "By partnering with tenants in the design process, we can implement the features and systems that help us share information, ideas and results. Ultimately, we all want to save money and limit our carbon footprint - this helps us achieve both."
Duke Realty's Smart Building was designed by an in-house committee comprised of Duke Realty associates from various departments including construction, leasing and development, property management and financial services. The project was started in March 2020 during the height of the pandemic and was approved for development within a six-month period.