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Alexandria Real Estate Equities

$66,020

Annual Energy Savings

$32,015

Annual Maintenance Savings

326

Annual Tons of CO2 Reduced

Alexandria Real Estate Equities owns, operates, and develops life science and high tech business campuses across the nation. Their portfolio includes 44 campuses across 7 urban clusters, totalling 42 million sqft. Alexandria’s tenants include: In 2017, Alexandria Real Estate engaged Senior Energy Advisor Mike Kennedy to analyze and oversee LED lighting retrofits on its Maryland campuses. As of June 2018, Mike and the Honeydew team has completed upgrades to 11 campuses resulting in annual savings of over $66,000 and reduction of 326 tons or carbon dioxide emissions each year. All of this was accomplished with a sub 3 year payback on investment.