The Challenge Prologis Inc., the world’s leading owner , operator & developer of industrial real estate,was looking to implement energy efficiency and renewable energy upgrades at its headquarters in San Francisco. Pier 1 was built in 1918 and converted to office space in 2001. The real estate giant has been a tenant for 10 years and the time came to enhance the sustainability of the building. Project goals included: • Improve overall building performance and comfort • Reduce energy use by at least 30% • Allocate savings and funding to 5 subtenants based on leased space • Improve cash flow from day 1 Case Study No. 1 Prologis completes a $1.4 million energy efficiency retrofit. The Solution Prologis chose PACE to fund energy efficiency and renewable energy upgrades. PACE or Property

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