Company Contracts with GSH Group for Energy Management Services at Properties in New Jersey and Maryland
Advance Realty Group, a leading Northeast U.S. owner and developer of Class A office properties, today reaffirmed its industry leadership position by launching an energy conservation program that should lead to annual savings of 5 to 17 percent in energy consumption and an enhanced tenant experience.
To initiate the program, the company has hired GSH Group, an international provider of facilities and energy management solutions, to ensure the efficient operation of building equipment and systems through a comprehensive preventative maintenance program. GSH Group will initially work with the following buildings within Advance’s 4.5 million-square-foot portfolio:
One Gateway Center, Newark, N.J. (mixed-use urban high-rise office building)
1400-1430 and 1545 Route 206, Bedminster, N.J. (four suburban office buildings)
Metro East Business Campus, Landover, Md. (nine suburban office buildings)
“In reviewing our portfolio and speaking with tenants, we determined that a formal energy conservation program would provide superior benefits to Advance, our tenants and the overall environment,” said Kurt R. Padavano, COO of Advance Realty Group. “The GSH Group has a long standing history of providing facilities and energy management solutions to worldwide organizations. That experience and expertise will provide significant savings throughout the buildings that are part of this program rollout.”
Within this program, the GSH Group will evaluate all building systems and perform an analysis to formally assess needs, deficiencies and other energy related issues before making recommendations to Advance Realty. In addition to the energy savings and enhanced tenant experience, other expected program benefits include:
Increase productivity of site teams – GSH has developed sophisticated planning methods to maximize the productive utilization of the contract-dedicated staff
Better equipment reliability – equipment downtime will be reduced through increased staff training on troubleshooting techniques, and increased preventative maintenance
Increased tenant satisfaction through better comfort conditions, and enhanced service levels
Implementation of a fully computerized maintenance management system (CMMS)
Advanced training programs that will result in:
Reduced job time and overtime
Reduced need for supplemental labor or subcontractors
“While these various benefits only touch the surface of what Advance Realty will receive from GSH Group, the real top line benefits will be an enhanced tenant experience and an overall reduction in energy consumption,” said Jamie Reynolds, president of the GSH Group. “Overall, Advance Realty Group’s energy conservation program will make a meaningful impact on many fronts.”
About GSH Group
GSH Group provides unrivalled facilities management and energy management services throughout Europe and the United States. At the forefront of sustainable development within the facilities management sector, GSH Group is expert in meeting environmental and health and safety requirements. The company specializes in the management and delivery of complex contracts primarily for major blue-chip customers. GSH Group is also committed to innovation, professional performance and implementing the latest technology to deliver competitive advantage to our clients. For more information, visit www.gshgroup.com.
About Advance Realty Group
Headquartered in Bedminster, N.J., Advance Realty Group is an owner and developer of office, flex, industrial, retail and multifamily properties. With 4.5 million square feet of operating properties and a development portfolio consisting of eight million square feet of commercial projects and 9,400 residential units, Advance is one of the leading real estate owners in the Northeast. For more information, call Advance Realty Group at (908) 719-3000 or visit www.advancerealtygroup.com.
