Shorenstein Properties – Joey Barr – 2010

Goals

Joey Barr spent his summer internship working at the corporate headquarters of Shorenstein Realty Services, one of the country’s oldest and most respected real estate organizations, which is active nationally in the ownership and operation of high-quality office properties. As an industry leader, Shorenstein is actively involved in energy management across it’s portfolio and is continually seeking more opportunities to add energy efficiency projects within its buildings. In fact, most of Shorenstein’s buildings are already Energy Star certified and have an average score higher than 80. Barr, an MBA candidate at Haas School of Business, UC Berkeley, was brought in as a Climate Corps intern to help Shorenstein identify ways to engage its tenants in energy efficiency projects.

Solutions

Barr worked with Shorenstein’s G.R.E.E.N. Committee to create a business case for various energy efficient projects as well as a comprehensive report outlining a number of energy management strategies from the both the company’s and the tenants’ perspectives. The recommendations ranged from lighting reductions to office equipment power management strategies to green cleaning.

Potential Impact

In total, Barr identified opportunities across Shorenstein’s portfolio that have the potential to reduce annual electricity consumption by more than 10 million kWh’s, leading to a decrease in costs of more than $1 million annually, and an avoidance of more than 5,000 tons of carbon emissions.