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Crescent's Fountain Place(R) Receives Prestigious Energy Star Award.


Award Recognizes Nation's Most Energy Efficient Buildings

FORT WORTH, Texas Fort Worth is the fifth-largest city in the state of Texas, 18th-largest city in the United States[1], and voted one of "America’s Most Livable Communities.  -- Crescent Real Estate Equities Company Crescent Real Estate Equities Co. (NYSE: CEI) is a Fort Worth, Texas-based real estate investor with holdings mainly in office and hotel properties, including several landmark buildings in the southern United States.  (NYSE NYSE

See: New York Stock Exchange
:CEI CEI Competitive Enterprise Institute
CEI Conferenza Episcopale Italiana (Italian bishop conference)
CEI Central European Initiative
CEI Comitato Elettrotecnico Italiano (Italian Electrotechnical Committee) 
) today announced that its Fountain Place Fountain Place, located at 1445 Ross Avenue in the Arts District of downtown Dallas, Texas is a 62-story modern-styled skyscraper. Standing at a structural height of 720 feet (219 m) [R] building in downtown Dallas Downtown Dallas is the main business district in Dallas, Texas (USA), located in the geographic center of the city. The area officially termed "downtown" is bounded by the downtown freeway loop: bounded on the east by I-345 (although known and signed as the northern terminus of  has received the Environmental Protection Agency's prestigious ENERGY STAR award, the most recognized national symbol for energy efficiency. Over the years Crescent has made many enhancements to the mechanical systems and controls in Fountain Place[R] which have resulted in significant savings to building owners, customers, and to the environment at large.

John Zogg, Crescent's Managing Director, Asset Management and Leasing, representing the owner, Crescent Fountain Place, L.P., said, "Balancing customer comfort and energy savings has been the primary goal of our team at Fountain Place. We are honored to be one of only six office buildings in Dallas to have received this year's ENERGY STAR award and with the help of our employees we plan to continue delivering our customers with energy efficient technologies resulting in lower energy bills and greenhouse gas emissions."

ABOUT THE COMPANY

Crescent Real Estate Equities Company (NYSE:CEI) is a real estate investment trust headquartered in Fort Worth, Texas. Through its subsidiaries and joint ventures, Crescent owns and manages a portfolio of 71 premier office buildings totaling 28 million square feet located in select markets across the United States with major concentrations in Dallas, Houston, Austin, Denver, Miami, and Las Vegas. Crescent also holds investments in resort residential developments in locations such as Scottsdale, AZ, Vail Valley, CO, and Lake Tahoe, CA; in destination resorts such as Fairmont Sonoma Mission Inn[R] in Sonoma, CA; and in the wellness lifestyle leader, Canyon Ranch[R]. For more information, visit Crescent's Web site at www.crescent.com.
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 2, 2007
Words:280
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