Logistics Property Company, LLC, a rapidly growing industrial real estate developer, investor, and manager in North America, has been recognized as a Platinum Green Lease Leader by the Department of Energy’s Better Buildings Alliance and the Institute for Market Transformation. Green Lease Leaders sets the industry standard for green leases and recognizes organizations for green leasing practices. This prestigious designation represents the highest level of achievement and highlights the company’s commitment to leading environmental, social, and governance practices.
Platinum recognition, valid for a three-year tenure, was awarded in part due to Logistics Property Company’s integration of green lease clauses into standard leases since 2022. Implementing green leases is a key aspect of the company’s commitment to fostering sustainability and energy efficiency across its portfolio. These efforts aim to achieve cost savings, improve air quality, and positively contribute to the communities in which the company operates.
“We are thrilled to have achieved 2024 Platinum Green Lease Leader recognition and remain dedicated to embedding sustainability principles throughout our operations,” said Elena Daniel, Senior Vice President and Head of Environmental, Social and Governance at Logistics Property Company. “Our goal is clear: to deliver tangible and lasting benefits for our employees, customers, partners, and investors, as well as the environment.”
Green Lease Leaders were announced at the Department of Energy’s Better Buildings, Better Plants Summit in Washington, D.C. Of the sixty-five Green Lease Leader recipients this year, only thirteen were designated as Platinum. This event highlighted the importance of sustainability in commercial and industrial real estate.
For more information about the Logistics Property Company’s sustainability initiatives and its impact on the industry, visit logisticspropco.com/esg.
About Logistics Property Co.
Logistics Property Company, LLC is a logistics real estate operating company and investment manager focused on the acquisition, development, and management of modern logistics properties in key North American markets. The company executes a disciplined investment strategy, ensuring optimal outcomes for our investors, employees, communities, and environment. Headquartered in Chicago, Logistics Property Company has more than 80 employees strategically located across eight markets. Its portfolio is comprised of 57 buildings across 23.9 million square feet with an estimated end value of more than $4.1 billion. For further information, please visit logisticspropco.com.
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About Green Lease Leaders
Initiated in 2014, Green Lease Leaders sets the standard for what constitutes a green lease. The program spotlights landlords and tenants who elevate their leasing practices to include collaborative action towards energy efficiency, cost savings, air quality enhancement, and overall sustainability in buildings.