Wells Real Estate wins ENERGY STAR designation for office properties

by Rebecca Walker — October 5, 2009—Wells Real Estate Funds, a national real estate investment company, has earned the ENERGY STAR designation for energy efficiency at three more of its office properties, including its headquarters in Atlanta, Georgia.

The Environmental Protection Agency’s ENERGY STAR designation is awarded to select properties that meet demanding standards for energy efficiency. Wells portfolios now own 23 such buildings nationwide, says the company.

Wells, an official ENERGY STAR Partner, specializes in Class-A office properties; its investment programs own 117 buildings nationwide. More than 60 of those buildings now participate in the ENERGY STAR program, including each property where Wells is responsible for energy. Wells properties in the program average 69 points on ENERGY STAR’s scoring scale, considerably ahead of the national average of 50.

As an ENERGY STAR Partner, Wells is committed to protecting the environment through the continuous improvement of energy performance, including organizational measurement of energy use, and implementing a comprehensive plan for energy savings.

Wells also has adopted the 7-Point Challenge of the Building Owners and Managers Association International, to better the nation’s average building energy consumption by 30 percent, improving operational performance and reducing greenhouse gases. Challenge participants also commit to benchmarking their energy performance through the ENERGY STAR program.

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