CA office campus saves with solar

Jamestown, a global real estate investment and management firm with more than $11.7B in AUM, engaged Wunder to deploy a 350 kW solar energy system at The Exchange at Larkspur Landing, a 196,000 sf, 9.4-acre office campus north of San Francisco in Larkspur, California.

The system came online in June 2024 and is expected to generate 570,320 kWh of power in its first year of operation, delivering energy cost savings while offsetting more than 878,366 pounds of CO2 emissions.

“As a real estate owner/operator and developer, we recognize we have an important part to play in the clean energy transition,” said Michael Phillips, president of Jamestown. “Sustainability has long been at the forefront of our business strategy, and we believe it will be a core component of our future success.”

Since launching a sustainability program in 2008, Jamestown has integrated sustainable practices throughout its operations. After reaching its 20% energy and greenhouse gas reduction targets in 2020, Jamestown set a new goal of net zero operational carbon emissions by 2050. The firm has also adopted the United Nations Sustainable Development Goals and Science Based Targets Initiative, pledging to reduce its property-generated and landlord-generated greenhouse gas emissions by 30 percent by 2030, from a 2018 base-year, and to measure and reduce its third party-generated emissions.

In alignment with Jamestown’s broader sustainability goals, The Exchange at Larkspur Landing is anchored in environmental stewardship. All three buildings at the campus are LEED certified Platinum or Gold with an average 2023 ENERGY STAR score of 86. In addition to the solar energy system, the campus features a centrally located courtyard, abundant green space with outdoor seating, EV charging stations and bike parking.

About Jamestown

Jamestown is a design-focused, vertically integrated real estate investment manager and service provider with over 40 years of experience and a mission to create places that inspire. Since its founding in 1983, Jamestown has executed transactions exceeding $40 billion. As of June 30, 2024, Jamestown has assets under management of $11.7 billion and a portfolio spanning key markets throughout the U.S., Latin America, and Europe. Jamestown employs approximately 500 people worldwide with 12 global offices, including headquarters in Atlanta and Cologne. 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.