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Page 2 — Property Management Quarterly — October 2017
Letter from the Editor
T his issue devotes a great deal
of space to discussing sustain-
ability options and opportuni-
ties.Whether it’s the cover story
highlighting Denver’s momen-
tum on a path toward a more sustain-
able future or one of the several other
articles promoting
financing options
to help you achieve
your sustainability
goals, this issue has
it covered.
In some instances,
we’re seeing oppor-
tunities originating
from local govern-
ments. In past issues,
we’ve covered the Energize Denver
initiative, which will require all build-
ings 25,000 square feet or larger to
benchmark and report their Energy Star
scores to the city. Opportunities specific
to Fort Collins are shared in the article
on Page 8 as the local utility company
encourages participation in the city’s
Building Energy Scoring initiative.
From the national government, due
to an Environment ProtectionAgency
policy, a common refrigerant used
inmany heating, ventilation and air-
conditioning systems is being phased
out.The product is becoming difficult to
find and the price is climbing – it’s now
$26 per pound more expensive than it
was in 2013.When some HVAC systems
require 200 pounds of it, the cost by the
time it is completely phased out in 2020
could be astronomical. Make sure to
read this maintenance article on Page
12 to determine your options and best
path forward if your system currently
uses R22.
If it’s not government ordinances
driving this change, it often is encour-
aged by public demand. One way to
share that a building takes energy
efficiency seriously is through certifica-
tions. LEED still dominates certifica-
tion recognition, butWELL Building
Standards are making inroads. An even
more stringent certification program,
the Living Building Challenge, is show-
cased in an article on Page 22.The rigor-
ous sustainable building certification
program comprises seven categories.
The first urban infill commercial build-
ing earned its title in Seattle. I’d wager it
won’t be long until a property fromCol-
orado sets it sights on the designation.
Around Denver, many of the city’s
iconic buildings are getting in on the
action. Colorado’s State Capitol building
and the Colorado Convention Center
are both LEED certified, I learned from
the U.S. Green Building Council’s article
on Page 23.
And in June, Coors Field joined the
Denver 2030 District – a nonprofit orga-
nization with a goal of reducing green-
house gas emissions 50 percent by 2030.
The ballpark has completed a number
of improvements already, including the
installation of LED lights, upgrading the
building’s automotive system and gen-
erating solar electricity on site, accord-
ing to the Denver 2030 District.
As property managers, many of the
tasks that go into earning certifications
and complying with the regulations fall
to you. As a Colorado resident, I’d like to
say thank you for helping our state be a
leader in sustainability.
303-623-1148, Ext. 104
Contents
DENVER’S
PROPERTY MANAGEMENT
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Dan Simpson, Director of Management Services
1800 Larimer Street, Suite 1700, Denver CO 80202 T 303.892.1111
Newmark Knight Frank has built a reputation for delivering superior
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and worldwide. We have expansive expertise in trophy office building
management, international offices and business parks, portfolios and funds,
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Newmark Knight Frank provides property management for more than 200
million square feet in the U.S.