Real estate investment firm TA Realty has achieved certification for sustainable improvements at nine of its industrial sites.
It received BREEAM’s In-Use certification across six states – California, Florida, Georgia, Illinois, Texas and Washington – covering nearly seven million square feet of industrial real estate.
Almost half of the estate received a perfect score in the pollution category, whilst the overall highest rated categories across the portfolio of certified developments were health and wellbeing, resources and resilience.
Anne Peck, Vice President and Head of ESG+R at TA Realty said: “While most of the real estate industry has begun to seriously consider pathways to improved ESG performance, the industrial sector has historically lagged in the deployment of sustainable solutions, largely due to the limitations of a triple net approach.
“For most players in the sector, solar power has been one of the only feasible options for improving sustainable performance without sacrificing financial success; with the guidance of BREEAM and its various resources, we’ve been able to achieve sustainable performance upgrades while maintaining our fiduciary duty to stakeholders and retaining a strong return on investment.”
TA Realty currently plans to continue completing BREEAM certifications across its core industrial portfolio.