PRINCETON, NJ–In the name of conserving energy and improving resident relations, locally-based Essential Properties Realty Trust revealed this week that it aims to deliver operating savings to its tenants by deploying sustainability upgrades that could potentially reduce the carbon footprint of the upgraded properties by up to 30%.
EPRT plans to invest capital in more efficient technologies and equipment upgrades that Budderfly will install and manage.
The sustainability upgrades focus on higher efficiency HVAC units with controls and monitoring and refrigeration controls and monitoring along with solar and LED lighting.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.