SADDLE BROOK, N.J. - CB Richard Ellis, New Jersey's largest commercial real estate brokerage firm, is pleased to announce that it has been selected to receive the 2009 Building Owners and Managers (BOMA) Earth Award in recognition for its excellence in environmentally sound office management at 600 Alexander Park in Princeton, New Jersey. CBRE's Gina Albert, real estate manager, will be receiving this prestigious award for her achievements in successfully implementing a sustainability property management program at this facility, which is also ENERGY STAR rated.

"As the first commercial real estate services company to announce a commitment to become carbon neutral in its own operations, CBRE remains dedicated to assisting property owners and occupiers with implementing energy efficiency programs at the buildings we manage around the world," stated Ms. Albert. "We are honored to be selected to receive this prestigious BOMA Earth Award in recognition for our excellence in environmentally sound office management and we are proud of our accomplishments in sustainability at this facility."

Now in its third year, BOMA's annual Earth Award honors building management teams that have preserved and enhanced the internal and external environment through the creation and implementation of "green" programs that make environmental considerations in order to conserve the earth's natural resources. To be eligible for this award, the building must have at least 50 percent of its space designated as office and recipients are selected for excellence in the following three areas of sustainability: how well a building's management team handles hazardous waste and environmental risks; the implementation of government programs, indoor air quality (IAQ) and the use of green purchasing practices; and, the impact and success of established emergency response, recycling water and energy conservation programs that have been implemented in the building.

Beginning in 2001, Ms. Albert has assisted in the property management of 600 Alexander Park, a three-story, 141,176-square-foot Class-A office building that received an Energy Star label for energy efficiency in 2007 and 2008. Built in 1999, 600 Alexander Park is conveniently located just off of Route One, adjacent to the Princeton Junction train station, in the heart of the Princeton office market. Amenities at this facility include a two-story atrium, on-site café with outdoor seating, a walk-through courtyard leading to a lake and access to the area's shopping, restaurants and lodging, such as the nearby Hyatt Hotel.

Under Ms. Albert's leadership, CBRE has implemented the following sustainable office management initiatives at 600 Alexander Park: periodic reviews and constant tracking of energy use patterns to determine and correct energy inefficiencies; daily engineering staff walkthroughs of vacant spaces to ensure only emergency lighting is illuminated and HVAC is appropriately programmed for vacancy; examinations of BMS settings in order to ensure the building automation reflects actual needs of the tenants; changing the start up times of HVAC units based on fifteen minute increments to stagger demand and cut back on peak usage of electricity; the installation of a timer on the domestic hot water heater to be able to shut it down twelve hours per day or from 6pm - 6am Monday through Sunday; a review of common area lighting schedules, which allow for the elimination of "on" periods during relatively unoccupied weekend hours; and, the examination of time clocks, which are checked every two weeks to make sure the time is set correctly and that building systems and lighting come on and off at the right time.

CBRE has instituted a wide range of sustainability programs across the U.S., including the establishment of the Green Knights, a nationwide team of sustainability advocates within the Company's Asset Services team, which has more than 100 participants. Additionally, nearly 250 CBRE professionals have received formal LEED (Leadership in Energy and Environmental Design) accreditation, indicating their leadership in the U.S. Green Building Council's LEED program, the nationally accepted benchmark for the design, construction and operation of high performance green buildings. More than 5,500 CBRE professionals have attended BOMA BEEP (Building Owners and Managers Association's Energy Efficiency Program), a comprehensive training for overall energy and sustainability.


About CB Richard Ellis
CB Richard Ellis Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services firm (in terms of 2008 revenue). The Company has approximately 30,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. CB Richard Ellis has been named a BusinessWeek 50 "best in class" company three years in a row and a Fortune 100 fastest growing company two years in a row. Please visit our Web site at www.cbre.com.

About BOMA
Building Owners and Managers Association (BOMA) International was founded in 1907 as the National Association of Building Owners and Managers. The association assumed its present name in 1968 as it broadened its reach to include Canada and other affiliates around the globe. Today, BOMA International represents 92 local associations throughout the United States and 13 affiliates in Australia, Brazil, Canada, Finland, Indonesia, Japan, Korea, Mexico, New Zealand, the Philippines, Russia and South Africa. BOMA's 16,500-plus members own or manage more than nine billion square feet of commercial properties in North America. BOMA International is a primary source of information on office building development, leasing, building operating costs, energy consumption patterns, local and national building codes, legislation, occupancy statistics and technological developments.