Companies Take Sustainability Beyond a Slogan

SAN FRANCISCO—The Global Real Estate Sustainability Benchmark (GRESB) assessment is an investor-driven sustainability assessment for real estate portfolios covering $2.3 trillion in assets globally. Shorenstein Properties LLC, a national private real estate investment firm and fund sponsor engaged in the ownership of office and mixed-use properties, has ranked in the top 15% of 707 global participants in this year’s survey.

The firm improved its sustainability performance in 2015, achieving an overall score of 78 out of 100. This score elevated Shorenstein Properties to second place among a peer group of 22 other major investors active in the ownership of US office properties and 14th among 155 North American investors in all commercial real estate sectors. The average score for Shorenstein’s peer group was 59 out of 100.