NEREJ

06-29-12

The New England Real Estate Journal is the largest commercial real estate news source in the United States. Covering commercial real estate companies, people, and deals in Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.

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New England Real Estate Journal Newsstand Price $3.95 USA Printed on recycled paper facebook.com/nerejournal twitter.com/nerej June 29-July 5, 2012 nerej.com Volume 51 ■ Issue 26 Project of the Month / GB / PAGES 11-15 SPECIAL INSERT The Richmond Group completes expansion of Cubist Pharmaceuticals headquarters nerej.com Digital Edition Green Buildings SPECIAL INSERT This Week's Sections ROP, Billboard Cover Story Sullivan, Subber, Delaney and Coakley of Cresa arrange 4 leases. NE / COVER A Management Directory SECTION B Spotlight Project of the Month NE / PAGES 8-9A breaks ground on 136,000 s/f Cape Cod Lumber project in Abington, Mass. Campanelli Construction founded in 1998, has closed over 400 multi-family properties in Mass., R.I., and N.H. Month SP / PAGE 4B United Multi Family, Company of the NE / PAGE 4A Columnist Chuck Sink Marketing FOR SALE IN THE NEW ENGLAND AREA Residential Properties Exceptional Volunteer Service Award NE / LOWER COVER A NEREJ's managing editor Ben Summers honored with the Presidential Green Buildings Special Insert Section New England Real Estate Journal June 2012 IRC Solar Roof Systems completes 778 panel solar installation at Belmont Hill School BELMONT, MA IRC Solar Roof Systems, an affiliate of IRC Industrial Roofing Companies, completed a 186kW solar photovoltaic installation at Belmont Hill School. IRC and Belmont Hill School have entered into a Solar Power Purchase Agreement (PPA). As a result, the school will reduce its annual energy costs from the system's first day of operation and for the duration of the PPA. The 778 panel project is one of the largest school- based projects in Eastern Mass. and the first commercial interconnection for the Belmont Municipal Light De- partment. The project covers 14,000 s/f on the roof of the School's Jordan Athletic Center. According to IRC Solar Roof Systems, the solar power panels produce enough electricity to offset 20% of the athletic centers annual electrical demand. "Belmont Hill School is leading by example and de- serves full credit for incorporating the renewable energy process into their sustainability goals, facility require- ments and learning environment. Many schools in the Northeast can immediately benefit by solar because it now makes economic and environmental sense to do Quick Read Thornton Tomasetti/Fore provides services for Tufts dental school Tufts University's School of Dental Medicine received LEED Gold Certification. SEE PAGES 12 Susan Bernstein.........................................................................2 Renewable Energy/Energy Efficiency....................................3-7 Project of the Month.............................................................8-11 EBC-New England....................................................................16 Also Inside 20 Pages facebook.com/nerejournal twitter.com/nerej Printed on recycled paper so," said Kurt Penney, business development specialist for owner/installer IRC. "As part of the IRC Industrial Roofing Cos., our company is focused on the roof first. We'll continue to provide ongoing roof maintenance in addition to complete solar support throughout the PPA term." IRC has worked with the faculty to integrate an educa- Jordan Athletic Center, Belmont Hill School, Belmont, Mass. tional component to allow students, teachers and parents to view real-time and historical data. A 40" flat screen monitor, installed in the athletic building, displays a 24/7 weather station and continual updates on the system's production and environmental benefits of Belmont's so- lar panel project. "Belmont Hill School is excited to be at the forefront of bringing renewable solar energy to Belmont," said Jay Bounty, CFO and director of operations. "It is our hope that the educational, environmental, and economic ben- efits realized from this solar installation will positively impact our students, our school, and the greater Belmont community for years to come." "The Belmont Municipal Light Dept. is proud to lead the way in Massachusetts as the first municipal light de- partment to institute a comprehensive solar policy that allows our customers to participate in renewable energy initiatives," said Jim Palmer, general manager/CEO of Belmont Municipal Light Dept. "Working with our light board, advisory board, energy committee and sustainable Belmont, we all recognize the importance of making re- newable energy a larger piece of our energy portfolio and we recognize and salute Belmont Hill for its responsible leadership in moving forward with this exciting project."

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