Overview
TIAA-CREF is a major real estate investment trust, or REIT, that invests in office buildings in many major cities. To protect those investments and maintain them as competitive rental properties, they regularly budget capital dollars for improvement for their properties, including several buildings in Florida, Massachusetts, New York and Washington, DC.
Features
TLC has been a partner with TIAA-CREF to assess facilities and develop roadmaps towards sustainability, with the end results of decreasing utility costs, increasing asset value and selectively achieving various levels of LEED certification. For more than five years, TLC has supported TIAA-CREF with energy auditing, recommendations, designing and overseeing renovations and following through in the operations phase to verify that savings are achieved.