Stanford Place Building

ORGANIZATION HISTORY

Accesso Partners is a full-service commercial real estate investment manager. It was established in 2003 and quickly positioned itself as one of the top office operators in the country (Top 8 and Top 2 privately owned). Currently manages 38 properties across multiple states with a total of 13MM SF with a NAV close to $3 Billion.

THE OPPORTUNITY

Accesso is continually looking for areas of improvements and comfort for its tenants, and together with ONPEAK Energy has designed a strategy to be more sustainable and help with the reduction in emissions by implementing some changes to the assets they manage. For the Stanford Place Building, it was imperative to replace the old existing chillers.

ONPEAK Energy is a Florida-based Efficiency Consultancy Company that works with building owners to evaluate, install, and help finance investments in energy-saving equipment. For Stanford Place, and after understanding the condition of the property, ONPEAK proposed replacing the two chillers in the building with new magnetic bearing chillers that will reduce energy and maintenance expenses and improve the tenant’s comfort levels.

Industry

Building solutions

Technology

High Efficiency Chillers

Expected Savings

$51,970 /year

Annual kWh Reduction

183,829

CO2 Reduction

301,611 lbs/year

Subscription Length

Self financed

Location

Denver, CO

THE SOLUTION

ONPEAK selected two new magnetic bearing chillers from Daikin Applied. These Chillers are more efficient than standard centrifugal chillers, besides, they are an oil-free technology reducing the maintenance expenses and extending the chillers life cycle. Also as part of the coding requirements, we updated the chiller plant to be ASHRAE 2017 compliant.

THE OUTCOME

With the newly installed chiller, which includes a five-year part and labor warranty together with the new cooling tower, Accesso Partners assures their tenant's comfort and achieves $51,970 every year in maintenance and power savings.