Shorenstein Properties

Shorenstein Publishes 2023 ESG Report and Highlights Industry-Leading Achievements

Retrieved on: 
Wednesday, June 21, 2023

SAN FRANCISCO, June 21, 2023 /PRNewswire/ -- Shorenstein Properties, LLC ("Shorenstein"), an owner and operator of high-quality office, residential, and mixed-use properties across the U.S., today announced the release of its 2023 Environmental, Social and Governance (ESG) Report .

Key Points: 
  • SAN FRANCISCO, June 21, 2023 /PRNewswire/ -- Shorenstein Properties, LLC ("Shorenstein"), an owner and operator of high-quality office, residential, and mixed-use properties across the U.S., today announced the release of its 2023 Environmental, Social and Governance (ESG) Report .
  • "Shorenstein is committed to our ESG and sustainability initiatives – and our stakeholders – by fostering sustainable, healthy, and progressive business environments and practices.
  • Notable highlights of Shorenstein's 2023 ESG Report include:
    Committed to global citizenship and collective impact: Shorenstein made commitments further aligning the company's intentions and actions towards a more sustainable future trajectory, including:
    Became a United Nations Principles of Responsible Investing signatory.
  • To read the full report and see how Shorenstein continues to improve ESG performance, visit the Company's ESG page .

Shorenstein Achieves WELL Health-Safety Rating for 22 Properties

Retrieved on: 
Wednesday, August 24, 2022

SAN FRANCISCO, Aug. 24, 2022 /PRNewswire/ -- Shorenstein Properties, LLC ("Shorenstein"), an owner and operator of high-quality office, residential and mixed-use properties across the U.S., today announced that 22 Shorenstein properties have received the WELL Health-Safety Rating through the International WELL Building Institute ("IWBI").

Key Points: 
  • SAN FRANCISCO, Aug. 24, 2022 /PRNewswire/ --Shorenstein Properties, LLC ("Shorenstein"), an owner and operator of high-quality office, residential and mixed-use properties across the U.S., today announced that 22 Shorenstein properties have received the WELL Health-Safety Rating through the International WELL Building Institute ("IWBI").
  • The WELL Health-Safety Rating is an evidence-based, third-party verified rating focused on the effectiveness of a building's or facility's operational policies, maintenance protocols, stakeholder engagement practices and emergency plans in place in the wake of the COVID-19 pandemic.
  • "We are pleased that all 22 properties that applied for the WELL Health-Safety Rating this year achieved it.
  • Shorenstein achieved the WELL Health-Safety Rating at 22 properties by reviewing and continuously enhancing six key features:

Shorenstein Publishes 2022 ESG Report and Highlights Industry-Leading Achievements

Retrieved on: 
Tuesday, August 9, 2022

SAN FRANCISCO, Aug. 9, 2022 /PRNewswire/ --Shorenstein Properties, LLC ("Shorenstein"), an owner and operator of high-quality office, residential, and mixed-use properties across the U.S., today announced the release of its 2022 Environmental, Social and Governance (ESG) Report .

Key Points: 
  • SAN FRANCISCO, Aug. 9, 2022 /PRNewswire/ --Shorenstein Properties, LLC ("Shorenstein"), an owner and operator of high-quality office, residential, and mixed-use properties across the U.S., today announced the release of its 2022 Environmental, Social and Governance (ESG) Report .
  • "At Shorenstein, ESG and sustainability are core to our daily operations and impact everything that we do both as a firm and across our portfolio.
  • With our long-term approach, we measure our impact and ambitious objectives in decades, and we look forward to building on all of the successes and ongoing momentum outlined in this year's report," said Brandon Shorenstein, Chairman and CEO of Shorenstein.
  • Since 1992, Shorenstein has sponsored twelve closed-end investment funds with total equity commitments of $8.8 billion, of which Shorenstein committed $723.5 million.

Fogo de Chão to Open Fort Lauderdale Location in Early 2022

Retrieved on: 
Thursday, August 12, 2021

Fogo currently has Florida locations in Orlando, Miami Beach and Jacksonville with another under construction at The Plaza Coral Gables.

Key Points: 
  • Fogo currently has Florida locations in Orlando, Miami Beach and Jacksonville with another under construction at The Plaza Coral Gables.
  • The Fogo brand is steeped in rich tradition and Brazilian heritage, which mirrors the international cultures of both Fort Lauderdale and Florida as a whole, said Barry McGowan, Chief Executive Officer of Fogo de Cho.
  • We look forward to sharing the art of churrasco with the Fort Lauderdale community in 2022.
  • The Fort Lauderdale location will also offer Fogo To-Go and Offsite Catering so guests can enjoy Fogo in any space.

The Spring District’s Block 16 Office Building Sold to Brookfield

Retrieved on: 
Friday, October 30, 2020

Wright Runstad & Company (Wright Runstad), Shorenstein Properties (Shorenstein") and institutional investors advised by J.P. Morgan Asset Management (J.P. Morgan) today announced the sale of the recently completed Block 16 office building in The Spring District to a Brookfield Asset Management Real Estate Fund.

Key Points: 
  • Wright Runstad & Company (Wright Runstad), Shorenstein Properties (Shorenstein") and institutional investors advised by J.P. Morgan Asset Management (J.P. Morgan) today announced the sale of the recently completed Block 16 office building in The Spring District to a Brookfield Asset Management Real Estate Fund.
  • ft Block 16 building is 100% leased to Facebook and represents the latest addition to The Spring District, which is quickly becoming the regions most significant transit oriented development featuring both residential and commercial projects centered on The Spring District light rail station.
  • The Spring District is a leading example of a sustainable community that provides a true balance of live, work and play, said Andrew Friedman, Managing Director at Shorenstein.
  • The Spring District has become a choice location for high quality office tenants in Bellevue, said Greg Johnson, CEO of Wright Runstad.

Shorenstein Highlights Sustainability Achievements in 2019 Sustainability Report

Retrieved on: 
Thursday, July 18, 2019

SAN FRANCISCO, July 18, 2019 /PRNewswire/ -- Shorenstein Properties LLC ("Shorenstein"), an owner and operator of high-quality office, residential and mixed-use properties across the U.S., today announced the release of its 2019 Sustainability Report .

Key Points: 
  • SAN FRANCISCO, July 18, 2019 /PRNewswire/ -- Shorenstein Properties LLC ("Shorenstein"), an owner and operator of high-quality office, residential and mixed-use properties across the U.S., today announced the release of its 2019 Sustainability Report .
  • Among other achievements, Shorenstein announced that it has earned the Green Lease Leader recognition at the silver-level.
  • For decades, sustainability has been a core focus at Shorenstein, and, today, we continue to embrace sustainability as an opportunity to improve our investment performance while simultaneously benefiting our properties, tenants, employees, investors and the communities in which we operate," said Bill Whitfield, Sustainability Program Manager at Shorenstein.
  • To see how Shorenstein continues to improve environmental, social, and governance (ESG) performance, visit the Company's sustainability page: shorenstein.com/sustainability or view the Company's 2019 Sustainability Report: https://online.flippingbook.com/view/267752/ .

Shorenstein Announces 2018 LEED Certifications

Retrieved on: 
Monday, February 25, 2019

SAN FRANCISCO, Feb. 25, 2019 /PRNewswire/ -- Shorenstein Properties LLC ("Shorenstein"), an owner and operator of high-quality office, residential and mixed-use properties across the U.S., today announced that it received eight LEED (Leadership in Energy and Environmental Design) Certifications across its properties in 2018.

Key Points: 
  • SAN FRANCISCO, Feb. 25, 2019 /PRNewswire/ -- Shorenstein Properties LLC ("Shorenstein"), an owner and operator of high-quality office, residential and mixed-use properties across the U.S., today announced that it received eight LEED (Leadership in Energy and Environmental Design) Certifications across its properties in 2018.
  • In 2018, Shorenstein certified eight buildings, including four buildings that were LEED certified for the first time, and four more that achieved re-certification.
  • With these certifications, Shorenstein has achieved 27 LEED-certified buildings totaling more than 15 million square feet.
  • Since 1992, Shorenstein has sponsored eleven closed-end investment funds with total equity commitments of $7.9 billion, of which Shorenstein committed $648.5 million.