REAL ESTATE

KeyPoint Partners adds three management, one leasing assignment

BY Katherine Boccaccio

Burlington, Mass. — KeyPoint Partners said it has added three Massachusetts retail properties to its portfolio that include property management and leasing assignments.

The firm has been awarded property management contracts for 1080 Route 28, South Yarmouth and 978 Boylston Street, Newton; and property management and leasing contracts for Treble Cove Plaza, Billerica. Marathon Realty awarded the contract.

The 1080 Route 28 property is an Ocean State Job Lot location in South Yarmouth, and 978 Boylston Street is a CVS location in Newton. Treble Cove Plaza is an 114,000-sq.-ft. shopping center in Billerica which is anchored by a Market Basket supermarket. Other tenants include Starbucks, Supercuts, Sally Beauty, Hollywood Tans, and Joann Fabrics.

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REAL ESTATE

Burger 21 continues expansion in Florida

BY Staff Writer

Tampa, Fla. — Burger chain Burger 21 – founded by the owners of The Melting Pot® Restaurants – announced the signing of two new multi-unit franchise agreements in Florida. Seven new restaurants will be developed over the next several years in the Fort Myers – Naples corridor, Fort Lauderdale, Coral Springs, Davie and Pembroke Pines.

To date, Burger 21 has six restaurants open in Florida and 18 franchised locations in development along the East Coast.

“We’re thrilled to continue our expansion in Florida and build a presence for the brand in the southern part of the state,” said Mark Johnston, Burger 21 president/chief concept officer and president of Front Burner Brands, management company for Burger 21.

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REAL ESTATE

Regency Centers increases energy savings by 75% annually

BY Katherine Boccaccio

Jacksonville, Fla. — Regency Centers announced Thursday that, through its 2012 “greengenuity” program, it increased annual energy savings by 75%, achieved LEED (Leadership in Energy and Environmental Design) certification for three projects, and tripled the amount of construction and demolition material recycled during the year.

“We believe our commitment to greengenuity leads to better risk management and cost savings, improves our communities, encourages innovation and is in the best interest of our shareholders,” said Mark Peternell, VP sustainability for shopping center owner Regency Centers. “Our 2012 performance metrics are the strongest yet in our ongoing effort to be responsible stewards of natural and economic resources.”

Regency measures its greengenuity progress through steady improvement in five key areas: green building certification, energy efficiency, water conservation, renewable energy and waste reduction.

The 2012 program highlights include:

  • Three development and redevelopment projects achieved LEED certification, plus half of new starts are seeking the LEED designation;
  • Energy-efficient lighting projects saved 3.6 million kilowatt hours of electricity, a 75% increase over 2011;
  • Water savings stayed consistent at 106 million gallons through smart water management practices;
  • Regency installed the company’s first solar energy system at a Boston-area shopping center which generated 296,000 kilowatt hours of renewable energy for the year; and
  • More than 13,522 tons of construction debris was reused or recycled, a 354% improvement over 2011.

The three projects achieving LEED certification were new development Market at Colonnade in Raleigh, N.C.; Mariano’s Fresh Market at redeveloped Roscoe Square in Chicago and redeveloped Granada Village in Los Angeles. Since 2009, more than 60% of the company’s major development and redevelopment projects have sought LEED certification, and of those projects started in 2012, nearly half are seeking certification.

Regency has reduced its energy consumption since 2010 by 5.9 million kilowatt hours. In 2012, the company saved 3.6 million kilowatt hours. Networked lighting controls at 96 shopping centers, which remotely control on-off schedules of site lighting systems, combined with LED lighting and more efficient HID lamps, account for the majority of these savings.

In the area of water conservation, the company has implemented smart water management practices at 98 properties. An example includes the implementation of smart irrigation controllers, which adjust the irrigation schedule based on local weather conditions and other parameters. As a result, Regency has reduced water consumption by 401 million gallons since 2009 and 106 million gallons in 2012 alone.

Regency installed a rooftop solar panel array at the Shops at Saugus, located in the Boston suburb of Saugus, which generated 296,000 kilowatt hours of renewable and zero-emission energy last year. Plus, the company purchased 2,600 Renewable Energy Certificates, or off-sets.

Since the introduction of a construction and debris recycling program, Regency has reused more than 16,994 tons of material on its development and redevelopment sites. As investment in Regency’s portfolio of shopping centers accelerates with an improving economy, more than 13,522 tons of the savings occurred in 2012.

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WoofWoof says:
Apr-01-2013 11:20 am

nice astaka/a>
nice astaka/a>

nice astaka/a>

In the business world, your
In the business world, your profits is not just the main issue there. You still have a lot of expenses like energy that adds up to the increase you want in your business. -
Rich Von

S.Gacho says:
Mar-30-2013 01:26 am

In the business world, your profits is not just the main issue there. You still have a lot of expenses like energy that adds up to the increase you want in your business. - Rich Von

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