Jamestown Properties to green its $4 billion worth of U.S. buildings

Jamestown Properties will make its $4 billion portfolio of U.S. buildings environmentally sustainable, the German REIT announced. It expects it will recoup the costs of the overhaul through lower utility costs. Sustainability "will become a key factor to the point where, if you haven't taken environmental measures, you will have trouble, whether it's leasing your office building or what have you," said Matt Bronfman, the company's chief operating officer and managing director.

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