"The Roxborough Group, a real estate private equity firm headquartered in San Francisco with investments across the Western United States, has completed the conversion of its Kirkland 405 Corporate Center campus to net zero carbon operations," came the announcement.
It's understandable, given growing concern over climate change and the impact on commercial operations and CRE portfolios. Extreme weather events can keep a facility from operating or increase the costs of tenants' energy and HVAC bills.
In this case, the move is reportedly accomplished through a shift to all electric power backed by a renewable source program available to commercial customers of Puget Sound Energy.
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