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March 18, 2010

Kennedy Associates

The U.S. Environmental Protection Agency named Seattle-based Kennedy Associates an Energy Star Partner of the Year for the second straight year. Kennedy was cited for its energy management practices and reduction of greenhouse gas emissions. It will be recognized at a ceremony tomorrow in Washington, D.C. In 2009, Kennedy, an institutional real estate adviser, measured energy consumption each month in 22 million square feet of commercial properties and said it found ways to reduce energy use and carbon dioxide emissions by 6 percent. Kennedy CEO Mike McKee said increasing energy efficiency reduces operating expenses for his company and tenants and increases financial performance for building owners. Kennedy is owned by its leadership team and Canada's largest adviser, Bentall, along with two institutional investors: Caisse de Depot and the British Columbia Investment Management Corp.




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