July 27, 2011

Cushman & Wakefield Strike LEED® Gold at 2001 K Street in Washington, DC

WASHINGTON, July 27, 2011 /PRNewswire/ -- Spitzer Enterprises along with managing agent, Cushman & Wakefield, Inc., a global commercial real estate brokerage and management firm, aligned with CQI Associates, LLC, a Columbia, Maryland-based energy and environmental management consulting firm, to earn LEED Gold, established by the U.S. Green Building Council (USGBC) for 2001 K Street, NW in Washington, DC. The management team and tenants celebrated with a special certification presentation by the USGBC on Thursday, July 21.

"Cushman & Wakefield has been a long-time advocate for high-performing, green buildings, and has once again demonstrated its commitment to transforming its building portfolio," said Jeff Kuziemko, manager of LEED Operations, USGBC, who presented the LEED plaque. "Greening our existing buildings helps save money and energy, creates healthier places to live, work and learn - all while addressing our single greatest opportunity to help solve the climate change equation."

Obtaining a LEED certification is no small feat. In the DC area, the nation's top green building market, many are striving for this achievement. There are roughly 200 LEED certified projects in DC alone. Accounting for 39% of the certified square footage of LEED projects across the world, existing buildings are outpacing the number of LEED-certified new construction projects on a square foot basis, signaling a market transformation. LEED for Existing Buildings: Operations & Maintenance identifies and rewards current best practices and provides an outline for buildings to use less energy, water and natural resources; improve the indoor environments; and uncover operating inefficiencies.

"We were delighted to partner with Cushman & Wakefield on this LEED Gold certification project and help to further advance its global leadership and commitment to green design and operations in commercial real estate. Based on a study of ten LEED certified projects we have completed, we learned that the average building costs are now 18% lower than they originally were and the initial investments are paying back in two and a half years. The buildings are much better for the tenants, people are healthier and the sick leave rate has dropped 33%," said CQI Associates Principal, Richard Anderson. "LEED certification of an existing building requires owner, management, staff and tenant commitment to the changes to meet sustainable and lasting green building criteria. A limited number of existing buildings have sought this certification and those who achieve it fall into a very unique group."

To learn more about this project, read the full press release at usgbc.org.

About Cushman & Wakefield, Inc.

Cushman & Wakefield operates nearly 100 owned and alliance offices in the United States with access to more than 15,000 employees globally. With a history of commercial real estate leadership that spans 90 years, Cushman & Wakefield's brokerage and services professionals are the most trusted in the industry, typically involved in the largest, most complex assignments from New York to San Diego and in major business centers everywhere in between.

About CQI Associates, LLC

CQI Associates, LLC is a leader in energy and environmental consulting. The firm offers services that allow clients to increase profitability by minimizing operating costs. From small businesses to national accounts such as Northrop Grumman, Fuji, and AutoNation, CQI Associates provides custom-tailored services to suit each company's unique needs. To learn more about CQI Associates, please visit www.cqiassociates.com or call (410) 740-0667.

SOURCE CQI Associates, LLC