By Anthony Capkun
February 4, 2021 – True North Commercial Real Estate Investment Trust (REIT) reports its property located at 5775 Yonge Street, Toronto has been awarded Energy Star certification from Natural Resources Canada.
This achievement, says True North, indicates the building is performing in the top 25% of commercial and institutional buildings in Canada for energy efficiency, and meets energy efficiency performance levels set by NRCan.
“The REIT is pleased to accept the Energy Star certification in recognition of our continued focus on energy and efficiency initiatives as part of the REIT’s ESG program,” said the REIT’s president & CEO, Daniel Drimmer. “We appreciate the ongoing efforts of our property management team, BentallGreenOak, in achieving the Energy Star certification, which reflects the high-quality of our office properties and our best-in-class property management.”
5775 Yonge is a Class A office building fronting Yonge Street, which has already achieved LEED Gold and BOMA Best Level 3 certifications.
The REIT is an unincorporated, open-ended real estate investment trust that currently owns and operates a portfolio of 47 properties consisting of approximately 4.8 million sf in urban and select secondary markets across Canada.