Plymouth Industrial REIT Development Projects Earn Green Globes® Certification for Core & Shell Construction
13 Abril 2023 - 8:00AM
Plymouth Industrial REIT, Inc. (NYSE: PLYM) announced that all four
projects in the first phase of the Company’s development program
have achieved Green Globes® certification for Core & Shell
Construction for sustainability efforts during the design and
delivery process. The certification demonstrates Plymouth’s
commitment to current and future building operations best
practices, occupant health and wellness, and reducing carbon
emissions.
Jeff Witherell, Chief Executive Officer and
Co-Founder of Plymouth, noted, “We take our responsibilities for
the environment very seriously with a goal of reducing energy
consumption and increasing our use of renewable energy. Joining GBI
in 2022 was consistent with this goal as well as a long history of
operating with integrity – one of our three founding pillars. We
are pleased to receive a Two Green Globes ranking on three of the
developments and a Three Green Globes certification on a fourth.
Plymouth has also made significant progress on environmental
projects that have positive bottom-line impacts for us and for our
tenants such as LED lighting conversions, cool roofs and solar
power.”
Vicki Worden, President & CEO of Green
Building Initiative, added, “GBI is proud to have Plymouth
Industrial REIT as an organizational member at the Stewardship
level and a participant on our Building Industry Advisory Council.
Through earning high scores on their initial Green Globes
assessments and taking an active role in our growing community,
Plymouth is demonstrating their commitment to fulfilling GBI’s
mission of reducing climate impacts by improving in the built
environment.”
Administered by the Green Building Initiative
(GBI), Green Globes is a nationally recognized green rating
assessment and certification system that ensures projects meet
clearly defined criteria in seven assessment areas: Project
Management, Site, Energy, Water, Resources, Emissions, and Indoor
Environment. In addition to evaluating documentation in each of
these performance areas, the Green Globes certification process
includes an onsite assessment with a third-party Assessor to verify
implementation.
54 Milliken Street, a 68,088-square-foot
industrial building located in Portland, Maine that was completed
in the fourth quarter of 2022 and is 100% leased, received a Two
Green Globes level of certification. Calhoun I, a
236,600-square-foot industrial building located in the Atlanta
market that was completed in the first quarter of 2023 and is 100%
leased, received a Two Green Globes level of certification. Fisher
Park North, a 154,692-square-foot industrial building in
Cincinnati, Ohio that was completed in the first quarter of 2023
and has a number of lease offers pending, received a Three Green
Globes level of certification. Calhoun II, a 180,000-square-foot
industrial building located in the Atlanta market that is expected
to be completed in the second quarter of 2023 with multiple leasing
prospects being actively considered, received a Two Green Globes
level of certification.
Other environmental projects recently completed
by Plymouth include:
- 15.0 million square feet, or
approximately 44% of the portfolio, has been converted to LED
lighting – reducing total electricity consumption across the entire
portfolio by approximately 8%
- 14.5 million square feet, or
approximately 42% of the portfolio, has “cool roofs,” including
1.72 million square feet of silicone roof coatings which eliminate
landfill waste
- Installed 1,000 kilowatts of solar
power with contracts to install an additional 10,000 kilowatts of
solar power by the end of 2024 with a targeted program size of up
to 40,000 kilowatts
About Plymouth
Plymouth Industrial REIT, Inc. (NYSE: PLYM) is a
full service, vertically integrated real estate investment company
focused on the acquisition, ownership and management of single and
multi-tenant industrial properties. Our mission is to provide
tenants with cost effective space that is functional, flexible and
safe.
About GBI
GBI is a nonprofit organization and American
National Standards Institute (ANSI) Accredited Standards Developer
dedicated to improving building performance and reducing climate
impacts. Founded in 2004, the organization is the global provider
of the Green Globes® and federal Guiding Principles Compliance
building certification and assessment programs. To learn more about
opportunities to become involved with GBI, contact info@thegbi.org
or visit the GBI website at www.thegbi.org.
Forward-Looking Statements
This press release includes “forward-looking
statements” that are made pursuant to the safe harbor provisions of
Section 27A of the Securities Act of 1933 and of Section 21E of the
Securities Exchange Act of 1934. The forward-looking statements in
this release do not constitute guarantees of future performance.
Investors are cautioned that statements in this press release,
which are not strictly historical statements, including, without
limitation, statements regarding management's plans, objectives and
strategies, constitute forward-looking statements. Such
forward-looking statements are subject to a number of known and
unknown risks and uncertainties that could cause actual results to
differ materially from those anticipated by the forward-looking
statements, many of which may be beyond our control.
Forward-looking statements generally can be identified by the use
of forward-looking terminology such as “may,” “plan,” “seek,”
“will,” “expect,” “intend,” “estimate,” “anticipate,” “believe” or
“continue” or the negative thereof or variations thereon or similar
terminology. Any forward-looking information presented herein is
made only as of the date of this press release, and we do not
undertake any obligation to update or revise any forward-looking
information to reflect changes in assumptions, the occurrence of
unanticipated events, or otherwise.
Contact: |
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Tripp Sullivan |
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SCR Partners |
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(615) 942-7077 |
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TSullivan@scr-ir.com |
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