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NATIONAL REAL ESTATE INVESTOR
the green sheet
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IN THE July 13, 2009 ISSUE
 Eco Hotel Reaches New Heights
 Why the Time is Ripe for Brownfield Development
 Green Tidbits

Online Exclusive

Eco Hotel Reaches New Heights
By Sibley Fleming

Dennis Quaintance, CEO of Quaintance-Weaver Restaurant & Hotels, landed his first job at age 15 as a houseman in a hotel in Missoula, Mont., and never left the business. Today he is the proud owner and developer of the Print Works Bistro and Proximity Hotel, a 147-room luxury hotel and restaurant in Greensboro, N.C., the first in the hospitality industry to obtain the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) platinum certification, a designation reserved for the highest performing buildings.

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Guest Column

Why the Time is Ripe for Brownfield Development
By Ed Elanjian, CEO, EnviroFinance Group

Despite the bleak short-term snapshot of the commercial real estate market, we’re at a new cusp in brownfield redevelopment.

As tightened lending standards and the lack of liquidity across all real estate classes have slowed most development efforts to a grinding halt, savvy investors continue to find opportunity in breathing new life into brownfields. These are environmentally impaired parcels of land that have typically suffered from years of contamination as a result of such pollution-intensive industries as gas stations and dry cleaning operations.

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Roundups

Green Tidbits
Staff report

Behringer Harvard has been awarded LEED Existing Buildings: Operations and Maintenance Gold certification for Bank of America Plaza in New York, an asset in the portfolio of Behringer Harvard REIT I…. Watson Land Co. has been awarded LEED Gold certification for its 297,107-sq. ft. industrial Legacy Building in Chino, Calif….. Millennium Partners-Boston has been awarded LEED Core and Shell Silver certification for 179 Lincoln Street, a 220,000 sq. ft. office building located in Boston’s Leather District…. Trammell Crow Co. and Principal Real Estate Investors have been awarded LEED Core & Shell Gold certification for Energy Center II in Houston.

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