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LaSalle Investment Management, Jones Lang LaSalle, Philips Color Kinetics and LED Source partner to reduce lighting related energy use by 92%, saving $260,000 annually and 1.2 million pounds of CO2
MIAMI, Sep. 24, 2012 — Miami Tower, an iconic symbol of the city, makes a dramatic new statement in the downtown skyline with the recent adoption of a state-of-the-art exterior LED lighting system. The advanced LED system will reduce related lighting energy usage by 92 percent, save tenants and the building’s owner more than $260,000 per year in energy and related operating costs, and reduce CO2 emissions by more than 1.2 million pounds. The cutting-edge LED lighting will also allow custom light shows at the push of a button in support of tenants, holidays, civic and charitable groups, and other organizations looking to promote or commemorate special events, further cementing the building’s status as an icon on the Miami skyline.Miami Tower rises 47 stories and offers 623,000 square feet of commercial space. The team of Jones Lang LaSalle, Philips Color Kinetics and LED Source identified the optimal LED lighting solution based on long-term operational savings and the fact that it reflected the commitment to advanced technology by LaSalle Investment Management, the building’s owner. “This significant upgrade is just one of several projects planned at Miami Tower,” said Ty Spearing, managing director at LaSalle Investment Management. “Miami Tower has always been an iconic, easy-access downtown tower. Our goal is to re-establish Miami Tower as a leader in technology, architecture and design, environmental sustainability, and on-site amenities; all of which Miami’s top tenants demand.” The installation team replaced 382 metal halide lights that consumed 1,000 watts each and were limited to only a few static colors, with 216 ultra-modern LED fixtures able to produce 16 million colors and hundreds of dynamic lighting effects. The system is managed by a software application that allows operators to change the tower lighting at a keystroke and virtually in real-time. “Adopting the latest in building technologies is key to achieving greater energy efficiency, reducing our environmental footprint, and reinforcing Miami Tower’s position as the premier building on Miami’s skyline,” said Jones Lang LaSalle’s Tom Matese, general manager of Miami Tower. “The new lighting system will also allow us to reflect our civic pride and celebrate events of importance to the community with customized light shows.” Jeff Cassis, general manager of Philips Color Kinetics, added: “LED technology has reached a tipping point where we can achieve better light intensity than traditional lighting technologies, yet unlike traditional lighting systems, we can work with the very tight space constraints and steep angles required to light a building. In addition, because LED is inherently more controllable than other technologies, we have the ability to create fascinating effects with it. We can also better focus LED light on the building’s facade, minimizing light spill while at the same time respecting the neighbors and night sky.” The exterior lighting retrofit is the most prominent element of a broader initiative to reduce energy and water usage and to follow sustainable management practices at Miami Tower.
“With the new LED lighting solution in place, Miami Tower may be the most advanced exterior lighting system in the world,” said Gavin Cooper, vice president of LED Source. “We’ve not only revived the building, but have changed the Miami skyline forever.” About Jones Lang LaSalleJones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2011 global revenue of $3.6 billion, Jones Lang LaSalle serves clients in 70 countries from more than 1,000 locations worldwide, including 200 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 2.1 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with $47 billion of assets under management. For further information, please visit www.joneslanglasalle.com.About Royal Philips ElectronicsRoyal Philips Electronics (NYSE: PHG, AEX: PHI) is a diversified health and well-being company, focused on improving people’s lives through meaningful innovation in the areas of Healthcare, Consumer Lifestyle and Lighting. Headquartered in the Netherlands, Philips posted 2011 sales of EUR 22.6 billion and employs approximately 122,000 employees with sales and services in more than 100 countries. The company is a leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as male shaving and grooming, portable entertainment and oral healthcare. News from Philips is located at www.philips.com/newscenter.About LED Source®Founded in August 2005 by Marcel Fairbairn, LED Source® is an international LED lighting solutions provider that specializes in design, support, development, project management and financing, through its Retrofit, Architectural and Entertainment divisions. The company launched a franchise program in October 2009 and has expanded to 12 locations throughout the U.S. and Canada. LED Source expects to have a network of 150 franchise offices throughout North America within three years. For more information, please visit www.LEDsource.com.
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