A recent report from commercial real estate services company Cassidy Turley revealed that Terrell Place in Washington, D.C. has been awarded the LEED Platinum certification for existing buildings.
Terrell Place, which is owned by the company's affiliates Beacon Capital Partners and General Electric Pension Trust, is the first office building in Washington D.C. to receive such an award, the report noted. The building is located at 575 7th Street NW, which is in the Central Business District. In addition, it is located across the street from the Verizon Center.
The building is occupied by several tenants and has approximately 522,000 gross square feet, the report said.
"Beacon Capital Partners and GE Asset Management continue to demonstrate their commitment to sustainability and energy efficiency by growing the number of LEED certified buildings in their portfolio, and Cassidy Turley is proud to be a partner in their ongoing initiative," said Evan Tyroler, vice president of sustainability services with Cassidy Turley.
Cassidy Turley finalized approximately $22 billion in transactions last year, and manages approximately 455 million square feet of commercial real estate space. Its partnership with Beacon Capital Partners has led to LEED certifications for 13 office buildings.