STORE SPACES

Office Depot’s global headquarters earns Energy Star certification

BY Marianne Wilson

Boca Raton, Fla. — Office Depot’s global headquarters in Boca Raton, Fla., has earned the U.S. Environmental Protection Agency’s Energy Star certification. The certification signifies that the building performs in the top 25% of similar facilities nationwide for energy efficiency and meets strict energy efficiency performance levels set by the EPA.

"Office Depot is pleased to accept EPA’s Energy Star certification in recognition of our energy efficiency efforts,” said Edward Costa, VP construction, Office Depot. "Through this achievement, we have demonstrated our commitment to environmental stewardship while also lowering our energy costs.”

Commercial buildings that earn EPA’s Energy Star certification use an average of 35% less energy than typical buildings and also release 35% less carbon dioxide into the atmosphere. Office Depot improved its energy performance by managing energy strategically across the entire organization and by making cost-effective improvements to its building.

The energy-saving actions that Office Depot took to earn the Energy Star certification included retrofitting most of the lighting on the global headquarters’ campus, which consisted of:

  • Replacing all T5 lamps with 27-watt, 4100 Kelvin lamps;
  • Changing all parking garage lights from 150-watt metal-halide to 42-watt fluorescent lamps; and
  • Reducing the amount of lamps that are on during the daylight hours 70%.

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REAL ESTATE

Saks Off 5th to close in Morrisville, N.C.

BY Staff Writer

New York City — Saks plans to close its 20,000-sq.-ft. Saks Fifth Avenue Off 5th store in Triangle Factory Outlets in Morrisville, N.C., (metropolitan Raleigh) by Jan. 1.

The company opened a 30,000-sq.-ft. Off 5th location in Tanger Outlet Center of the Piedmont in nearby Mebane, N.C., in 2010, which will serve as a replacement store for the closing location. The new Mebane store was designed in the chain’s loft” format that debuted in 2008 and which redefined and elevated the outlet shopping experience.

All affected associates either will be offered transfer opportunities or will receive appropriate employment separation packages, Saks said.

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REAL ESTATE

Tiffany to make Eastern European debut in Prague

BY Staff Writer

New York City — Tiffany & Co. announced plans to open a store in Prague, marking the luxury retailer’s first location in Eastern Europe. The 2,600-sq.-ft. store is scheduled to open in the summer of 2012.

“The opening of our first store in Eastern Europe marks a significant strategic move for Tiffany, as we further develop and grow our business throughout Europe,” said Melvyn Kirtley, group VP Europe.

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