For the second year in a row, the U.S. Environmental Protection Agency has named CB Richard Ellis Group Inc. as a 2009 Energy Star Partner of the Year for outstanding energy management and reductions in greenhouse gas emissions. CBRE's accomplishments will be recognized at an awards ceremony in Washington, D.C. on March 31.
CB Richard Ellis will be honored for smart energy management practices and investments that are resulting in significant energy and financial savings in its managed portfolio. CBRE is the only commercial real estate services firm recognized by the EPA with a Partner of the Year award this year.
Over the past year, the Company expanded its commitment and mandated that all office buildings over 50,000 sq. ft. managed by its U.S. Asset Services Group be registered with Energy Star. Today more than 1,200 CBRE-managed buildings are participating in the program. In 2008, more than 220 of these properties totaling 73 million sq. ft. were recognized for exemplary performance by Energy Star.