Shorenstein Press Center

Press Contacts

Andrew Neilly

T 925.930.9848

 

Shorenstein Receives LEED Gold Recertification for 33 South Sixth in Minneapolis

Minneapolis, MN – August 6, 2015 – Shorenstein Properties LLC announced the LEED Gold recertification of 33 South Sixth Street, a 1.6 million square foot mixed-use property located in downtown Minneapolis.  The building achieved Gold as part of a recertification, which is required by the U.S. Green Building Council every five years to maintain the LEED for Existing Buildings designation.  The building earned an initial certification in 2010 at the silver level.

Shorenstein Properties acquired 33 South Sixth Street in November 2012 on behalf of its tenth investment fund. 33 South Sixth Street is a 51 story office building located in the heart of the Minneapolis 64 square block skyway system.   Designed by world class architects Skidmore Owings and Merrill, the building was constructed and opened in 1983 and is presently the fourth tallest building in Minneapolis.  Major tenants include Target, Meagher & Geer PLLP, Korn Ferry and many other prominent organizations. Adjoining 33 South Sixth Street tower is a three-level retail mall known as City Center, or Minneapolis City Center, along with the Minneapolis Marriott, a 583-room first class hotel. This complex comprises nearly two city blocks in the center of downtown Minneapolis.

LEED for Existing Buildings: Operations and Maintenance (LEED EB O&M) addresses energy efficiency, whole-building cleaning and maintenance issues (including chemical use), recycling programs, exterior maintenance programs and systems upgrades.  LEED EB O&M helps building owners and operators measure operations, improvements, and maintenance on a consistent scale, with the goal of maximizing operational efficiency while minimizing environmental impacts.

Some sustainability highlights of 33 South Sixth includes:

  • State-of-the-art building automation system
  • Advanced lighting control system with occupancy sensors
  • Variable frequency drives (VFD) on mechanical equipment for energy savings
  • Heat Recovery System utilizing a closed loop condenser water system
  • Window film to reduce solar load
  • Low flow restroom fixtures and automatic faucets to reduce domestic water consumption
  • Low Mercury, high-efficiency fluorescent lighting standard
  • Motion sensor lighting with dimmable ballasts in all stairwells and maintenance common corridors
  • LED lighting in the mall common area and building exterior
  • Recycling program – cans & bottles, e-waste, food waste composting, construction materials.
  • Biannual e-waste collection and recycling for computers and other large electronics
  • Annual waste audit to ensure effectiveness of recycling program
  • Quarterly green cleaning audit
  • Onsite bike parking provided
  • Construction standards require use of low-VOC products & recycling of demolished materials

Shorenstein currently owns thirty-one LEED-certified buildings totaling thirteen million square feet, with the majority certified at the Gold level.  The company has been a firm advocate for sustainability within the real estate industry.  Shorenstein is a member of the Department of Energy’s Better Buildings Challenge, with a public commitment to reducing energy use 20% by 2020 and to sharing energy efficiency best practices with industry peers, as well as a Platinum-level corporate member of the U.S. Green Building Council and an Environmental Protection Agency’s ENERGY STAR for commercial buildings partner.  www.shorenstein.com/sustainability.

 

###

About Shorenstein Properties LLC

Founded in 1924, Shorenstein Properties LLC is a privately-owned, real estate firm active nationally in the ownership and management of high-quality office properties, with offices in San Francisco and New York.  Starting in 1992, Shorenstein has sponsored eleven closed-end investment funds with total equity commitments of $7.9 billion, of which Shorenstein committed $648.5 million.  Shorenstein uses its integrated investment and operating capabilities to take advantage of those opportunities which, at the particular time in the investment cycle, offer the most attractive risk-adjusted returns.  Investments have included ground-up developments, asset repositioning and stabilized assets; investment structures have included asset acquisitions, mezzanine loans, preferred equity investments and structured joint ventures.  These funds have invested in properties totaling 58.2 million square feet; the company’s current portfolio totals 24.8 million square feet.