USAA Real Estate to Reduce its Portfolio Energy Use 30 Percent by 2012

USAA Real Estate to Reduce its Portfolio Energy Use 30 Percent by 2012

USAA Real Estate Company announced last week that it has accepted the Building Owners and Managers Association's (BOMA) 7-Point Green Challenge to reduce energy consumption across its holdings by 30 percent in the next five years.

"We accept the BOMA challenge and encourage others to do the same. For years, USAA Real Estate Company has elevated energy management and sustainability as top priorities for our portfolio as we know it not only drives lower costs for our properties and tenants but also provides for better performing assets financially and environmentally. We have supported BOMA and the EPA Energy Star Program and look forward to meeting the BOMA 7-Point Green Challenge," said T. Patrick Duncan, USAA Real Estate Company's president and chief executive officer.

BOMA's 7-Point Challenge is a program that aims to drive the market transformation of energy efficiency in buildings, and is a voluntary program to address energy and environmental issues. Brenna Walraven, BOMA's executive managing director of national property management, said, "Improving energy efficiency and sustainability of real estate is ultimately a statement about leadership and quality. We believe increasingly, tenants have and will continue to require better, more efficient sustainable buildings and our goal is to not just accept BOMA's challenge, but also help drive others to understand the value."

USAA Real Estate has long been committed to reducing energy use, and was the first real estate company to earn the EPA's Energy Star Award for five years in a row. For more information about BOMA's 7-Point Challenge, visit BOMA.org.
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