Crescent Denver Portfolio Achieves LEED Status

DALLAS--(BUSINESS WIRE)--

Crescent Real Estate Holdings LLC announced today that its three Class A office properties in Denver recently received LEED certifications from the U.S. Green Building Council (USGBC) under the Existing Buildings (EB) rating system. Johns Manville Plaza, located in Denver CBD, achieved LEED EB Gold status, and 707 17th Street, also downtown, and Peakview Tower within the Denver Tech Center each achieved LEED EB Silver. Out of the 26 premier office buildings that Crescent owns or manages through its subsidiaries and joint ventures, nine have earned LEED EB Gold or Silver ratings. The remaining properties are expected to achieve LEED status in 2012.

“Our customers want LEED certified buildings,” said John Zogg, managing director of leasing for Crescent's Denver portfolio. “To them it means that we care about their experience, the communities that surround us, and ultimately the cost savings that we are able to achieve and pass on to them. It's good for everyone.”

Johns Manville Plaza, a 29-story, 675,400 square-foot Class A office property located in the heart of Denver's 17th Street Financial District is home to a prestigious customer base including Johns Manville and AECOM. The plaza area adjoining Johns Manville Plaza and 707 17th Street is downtown Denver's largest and most beautiful plaza with trees, flowers, and outdoor seating. Crescent has plans to further enhance the plaza in 2012 by upgrading the plaza seating and retail amenities.

707 17th Street, adjacent to Johns Manville Plaza, is a 42-story property that holds the Marriott City Center hotel on the first 20 floors and Class A office space on the next 22 floors. The office component totaling 550,000 square feet is home to A-list customers including Jacobs Engineering Group Inc. and KPMG. The exterior of 707 17th Street consists of black reflective glass and the lobby has a Raja Pink granite floor, polished black granite walls accented with the Raja Pink granite and 2 large displays of art glass.

Peakview Tower, a 10-story, 264,149 square-foot Class A office property, is located in the prestigious Greenwood Plaza Office Park within the emerging Fiddler's Green submarket of the Denver Tech Center. Customers of Peakview include W.J. Bradley Mortgage Capital Corp., Dean Evans & Associates, Inc., and American Title Services. The property offers easy access to interstate freeways, the light rail system, and Denver's two airports. Peakview Tower also has an unobstructed view of the Rocky Mountain Front Range and countless amenities within two miles including nearly 200 restaurants, 11 hotels, 27 banks and seven major shopping venues.

ABOUT LEED

LEED is an internationally recognized green building certification system, providing third-party verification that a building or community was designed and built using strategies aimed at improving performance across all the metrics that matter most: energy savings, water efficiency, carbon dioxide emissions reduction, improved indoor environmental quality, and stewardship of resources and sensitivity to their impacts. Developed by the U.S. Green Building Council (USGBC), LEED provides building owners and operators a concise framework for identifying and implementing practical and measurable green building design, construction, and operations and maintenance solutions. For more information, refer to http://www.usgbc.org.

ABOUT CRESCENT

Crescent Real Estate Holdings LLC is headquartered in Fort Worth, Texas. Through its subsidiaries, Crescent owns or manages a portfolio of 26 premier office buildings totaling over 9.5 million square feet located in select markets across the United States with major concentrations in Dallas, Houston, Denver and Las Vegas. Crescent also holds investments in resort residential developments in locations such as Scottsdale, Vail Valley, and Lake Tahoe; luxury hotels; and the wellness lifestyle leader, Canyon Ranch®. For more information, visit Crescent's Web site at http://www.crescent.com.

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Crescent Denver Portfolio Achieves LEED Status