{"id":1004074963,"date":"2013-05-25T14:36:53","date_gmt":"2013-05-25T22:36:53","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=130821"},"modified":"2022-03-02T23:27:27","modified_gmt":"2022-03-03T07:27:27","slug":"dprs-phoenix-office-wins-landmark-certifications-iit-pays-77m-for-mesa-complex","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/dprs-phoenix-office-wins-landmark-certifications-iit-pays-77m-for-mesa-complex\/","title":{"rendered":"DPR\u2019s Phoenix Office Wins Landmark Certifications; IIT Pays $77M for Mesa Complex"},"content":{"rendered":"

By Amalia Otet, Associate Editor, and Paul Rosta, Senior Editor<\/em><\/p>\n

In a milestone for sustainability and adaptive reuse, an office building developed by DPR Construction has earned recognition as the largest net-zero energy building certified to date by the International Future Living Institute.<\/p>\n

DPR, which served as the project\u2019s developer and contractor, earned the certification by transforming a 1970s-era retail boutique into its new 16,333-square-foot Phoenix <\/a>Regional Office<\/a> \"\"<\/a>(pictured at right and below).<\/p>\n

Located at the corner of 44th Street and Van Buren in Phoenix\u2019s Discovery Triangle, DPR\u2019s project is only the second in the United States, and the largest in the world, to earn IFLI\u2019s net-zero certification.<\/p>\n

The designation signals that a building produces at least as much energy as it consumes. In addition, the project received LEED Platinum certification from the U.S. Green Building Council. In a statement, DPR regional manager Dave Elrod cited the project as evidence that \u201cnet-zero is possible, even in one of the most extreme climates in the country.\u201d<\/p>\n

The project team, which also included SmithGroupJJR and consultant DNV KEMA Energy and Sustainability, achieved net-zero certification by incorporating a variety of green features into the 40-year old building.<\/p>\n

Highlights include 87 operable windows using data from the energy monitoring system to open and close in response to indoor and outdoor temperatures; an 87-foot-tall, zinc-clad solar chimney, \"\"<\/a>which creates a convection current to discharge hot air and draw in cool air; 82 tubular lighting devices provided by Solatube International Inc. that nearly eliminate the need for artificial daytime lighting; and a \u201cvampire\u201d shut-off switch to thwart electrical devices that draw energy when the building is unoccupied.(ILFI)<\/p>\n

In transaction news, Lincoln Property Co. completed the sale of Broadway 101 Commerce Park, an 808,419-square-foot industrial property in Mesa. Industrial Income Trust (IIT) acquired the property in a $77 million, all-cash deal. Cassidy Turley represented IIT.<\/p>\n

Built in two phases in 2005 and 2007, the high profile industrial complex at 2140-2360 E. Broadway Road includes five warehouses, three general industrial and three flex buildings.<\/p>\n

Photo credits: DPR Construction<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

In a milestone for sustainability and adaptive reuse, an office building developed by DPR Construction has earned recognition as the largest net-zero energy building certified to date by the International Future Living Institute.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1601],"tags":[],"class_list":["post-1004074963","post","type-post","status-publish","format-standard","hentry","category-latest","category-phoenix"],"acf":[],"yoast_head":"\nDPR\u2019s Phoenix Office Wins Landmark Certifications; IIT Pays $77M for Mesa Complex - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/dprs-phoenix-office-wins-landmark-certifications-iit-pays-77m-for-mesa-complex\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DPR\u2019s Phoenix Office Wins Landmark Certifications; 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