CHICAGO LANDMARK INLAND STEEL BUILDING ACHIEVES LEED GOLD

Chicago, IL | January 29, 2018

CHICAGO, January 29, 2018 – MB Real Estate (MBRE) announced today that the Inland Steel Building, located at 30 W. Monroe and owned by Capital Properties, received LEED Gold certification. LEED, or Leadership in Energy and Environmental Design, is a program spearheaded by the U.S. Green Building Council (USGBC) that recognizes properties for exceptional energy and resource efficiency.

The Inland Steel Building excelled in a number of the program’s categories, including Sustainable Sites, Water Efficiency, Energy & Atmosphere, Indoor Environmental Quality, Materials & Resources, and Innovation & Operations. Implementing new processes to reduce the property’s carbon footprint and increase resource efficiency posed somewhat of a challenge for the historic Chicago building.

The Inland Steel Building was the first commercial high-rise built in Chicago’s Loop after the Great Depression, defining modern design standards for the city’s downtown office buildings. According to vice president and general manager of Inland Steel, Cate McCormack, “Maintaining the attributes of the property that make it so historically and architecturally significant, as well as not disrupting tenants’ spaces, were our biggest obstacles when integrating energy-efficient technologies.”

McCormack stated that, “We successfully delivered building systems that will curb energy costs and reduce the property’s impact on the environment and our community, while maintaining the building’s classic features." “We also put policies into place that will help us monitor our energy saving initiatives and hold all vendors accountable for their use of the building’s materials and resources.”

About Capital Properties

Capital Properties is a privately-owned real estate investment, development and management firm founded in 1977. The company’s portfolio of ongoing and completed projects includes premier residential, hotel and commercial properties in Boston, New York and Washington, D.C.

About MB Real Estate Services Inc.

Founded in 1982, MB Real Estate is a full-service real estate organization that provides multifaceted expertise in Asset/Facilities Management; Leasing Services; Project/Construction Management; Tenant Representation and Investment Services. Separately, MBRE Healthcare and its independent affiliate fund manager, ROA Holdings, are a full-service real estate entity that acquires, develops, leases, and manages healthcare facilities across the United States. MBRE is headquartered in Chicago, with regional offices in New York, Atlanta, Columbus, Orlando, Dallas and Denver. For more information, visit www.mbres.com or www.mbrehealthcare.com.