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Oct 10, 2023

Jamestown Unveils 11th Annual Sustainability and Social Responsibility Report

Global Real Estate Firm Utilized Technology to Reduce Water Consumption and Carbon Emissions Portfolio-Wide

Aerial view of a river running through a forest

Atlanta / Cologne (October 10, 2023) – Jamestown, a global real estate investment and management firm, today released its 11th Annual Sustainability and Social Responsibility Report outlining ESG efforts and key performance achievements in 2022 and the first half of 2023.

“ESG is integrated into our operations and a core part our investment strategy,” said Matt Bronfman, CEO of Jamestown. “Increasingly essential to success in the current market environment, ESG helps drive operating margins and propel leasing at our assets by creating efficiencies and value alignment with tenants focused on meeting their own corporate responsibility commitments.”

Highlights from Jamestown’s 11th Annual Sustainability and Social Responsibility Report include:

  • Water Efficiency: Jamestown realized a 30% reduction in water consumption across the portfolio from a 2014 baseline. This progress was achieved in part through the deployment of water monitoring and leak detection technology, including Flow Dynamics at Ponce City Market in Atlanta. The water flow management device prevents charges for air present in the water supply and reduces over-supply caused by higher water pressure.
  • Carbon Emissions: Jamestown realized a 45% reduction in carbon emissions across the portfolio from a 2014 baseline. This progress was achieved in part through the deployment of energy management technologies, including Prescriptive Data’s Nantum OS technology at Waterfront Plaza in San Francisco. The smart building operating system uses artificial intelligence to save energy and lower operating expenses, while cutting emissions. Additionally, Jamestown-owned timberlands sequestered 3.4 times the amount of carbon dioxide equivalent emitted by Jamestown-owned buildings in 2022.
  • Mass Timber: In 2023, Jamestown began vertical construction on 619 Ponce, a four-story, 100,000-square-foot mass timber loft office building at Ponce City Market in Atlanta. Jamestown’s use of Georgia-grown timber and a regional supply chain – a first for mass timber construction in Georgia – reduces the project’s transportation emissions and the overall environmental impact of construction, maximizing the sustainability benefits of mass timber and growing the regional economy.

The programs and initiatives within the report represent work done in 2022 and the first half of 2023, compiled in reference to the Global Reporting Initiative’s (GRI) 2016 Guidelines. The report summarizes data from across Jamestown’s portfolio, showcases current high-performance projects, and offers a synopsis of the firm’s sustainability operations.

About Jamestown

Jamestown is a global, design-focused real estate investment and management firm with a 40-year track record and mission to create places that inspire. Since its founding in 1983, Jamestown has executed transactions totaling approximately $40 billion. As of June 30, 2023, Jamestown has assets under management of $12.3 billion and a portfolio spanning key markets throughout the U.S., Latin America, and Europe. Jamestown employs more than 500 people worldwide with headquarters in Atlanta and Cologne, and offices in Amsterdam, Bogotá, Boston, London, Los Angeles, Madrid, New York, San Francisco, and Washington, D.C. Current and previous projects include One Times Square and Chelsea Market in New York, Industry City in Brooklyn, Ponce City Market in Atlanta, Ghirardelli Square in San Francisco, the Innovation and Design Buildings in Boston and Lisbon, and Groot Handelsgebouw in Rotterdam. For more information, visit www.jamestownlp.com