Hines Core Fund’s Wells Fargo Center in Sacramento Awarded LEED® Gold Certification

(SACRAMENTO) – The Sacramento office of Hines, the international real estate firm, announced today that Wells Fargo Center has received Gold certification under the U.S. Green Building Council’s LEED® rating system for Existing Buildings.

Wells Fargo Center is a 502,365-square-foot, 30-story office tower designed by HOK and completed in 1992.

Situated on an entire city block fronting Capitol Mall and within walking distance of historic Old Sacramento, the building is clad in polished pink granite on its northern and southern facades and is capped by an eye-catching, curved copper roof.

Wells Fargo Center has earned the ENERGY STAR label three times since it was acquired by Hines’ US Core Office Fund in 2007. With a current score of 95, the building is 47 percent more energy efficient and saves $1.35 per square foot in energy costs per year when compared to the average U.S. office building.

This translates to estimated annual greenhouse gas reductions equivalent to removing 480 passenger vehicles from the road.

Sustainable building features and programs include: installation of low-flow water fixtures in restrooms; whole-building water metering to capture how much and where water is being used; retro-commissioning of building HVAC systems to ensure economical operation; purchasing lamps with the lowest mercury content to protect the environment; implementation of comprehensive recycling and green cleaning programs; and roll out of Hines’ GREEN OFFICE for Tenants program, designed to reduce environmental impacts in tenant spaces.

Hines General Property Manager Marc Smith said, “As the seat of the state government, Sacramento is ahead of the sustainability movement; as a result, the tenants in our building are aware of the impact sustainable strategies can have on their utility bills and on the satisfaction of their employees.”

The property is leased to tenants including: Wells Fargo Bank; Weintraub Genshlea Chediak; Kronick, Moskovitz, Tiedemann & Girard; Orrick Herrington & Sutcliffe; and DLA Piper.

Hines is one of the most sustainable real estate companies in the world.

In 2010 Hines was recognized by the EPA, for the third time, with the ENERGY STAR Sustained Excellence Award; Hines manages 153 labeled buildings, representing more than 77 million square feet, in the ENERGY STAR program.

Twelve Hines development or redevelopment projects, representing more than six million square feet, have been designated as Designed to Earn the ENERGY STAR.

Hines is also a leader in the U.S. Green Building Council’s programs, with 202 projects, representing more than 107 million square feet that have been certified, pre-certified or registered under the various LEED® rating systems.

Hines was a founding member of the German Sustainable Building Council and the Russian Green Building Council, and is active in the Green Building Council Brasil, the Green Building Council España, the Green Building Council Italia, the Indian Green Building Council, the BRE Environmental Assessment Method program in the United Kingdom and the Haute Qualité Environnementale program in France.

Hines is a privately owned real estate firm involved in real estate investment, development and property management worldwide. The firm’s historical and current portfolio of projects that are underway, completed, acquired and managed for third parties includes 1,119 properties representing more than 457 million square feet of office, residential, mixed-use, industrial, hotel, medical and sports facilities, as well as large, master-planned communities and land developments. With offices in 100 cities in 17 countries, and controlled assets valued at approximately $23 billion, Hines is one of the largest real estate organizations in the world. Visit www.hines.com for more information.

To learn more about sustainability at Hines, visit www.hines.com/sustainability.