The Green Building Initiative (GBI) recently completed acquisition of the global rights to Green Globes.
The acquisition, from JLL, allows GBI to expand operations to Canada and elsewhere. GBI has established a Canadian non-profit subsidiary—GB Initiative Canada—to support its growth in the Canadian marketplace.
“As a nonprofit, GBI is in a better position to grow the sustainability movement as the sole owner and promoter of Green Globes, and we have every confidence in GBI’s ability to do so,” stated Bob Best, Executive Vice President of JLL. “We value Green Globes as a tool we use with our clients and property managers, and because of this acquisition, GBI can continue to grow Green Globes as a global assessment program.”
GBI has grown significantly over the last two years and has certified 1,594 buildings or almost 300 million sf of real estate since its founding in 2004.
Related Stories
Resiliency | Feb 16, 2016
Obama establishes federal earthquake risk management standard
The standard requires federal agencies to use earthquake-resistant design provisions in current building codes.
Codes and Standards | Feb 12, 2016
ISO releases national assessment and state-by-state building codes evaluation
Report covers 87% of U.S. population.
Codes and Standards | Feb 12, 2016
Huge fraud case involving alleged engineering impostors uncovered in California
Hundreds of buildings may have to be demolished.
Codes and Standards | Feb 11, 2016
New York governor makes emergency design-build authorization
The declaration was issued in response to Winter Storm Jonas which dumped over 18 inches of snow in parts of the state.
Green | Jan 29, 2016
USGBC names top 10 states for LEED green building
Illinois leads the list for the third straight year.
Codes and Standards | Jan 25, 2016
Dept. of Energy releases decision guides for plug and process loads
Plug and process loads consume about 30% of the primary energy in U.S. commercial buildings today.
Codes and Standards | Jan 22, 2016
ConsensusDocs releases new multi-party IPD agreement and joining agreement
The documents serve as a comprehensive revision of previous IPD agreement
Codes and Standards | Jan 22, 2016
State Savings Calculator analyzes savings associated with energy codes
The calculator breaks down the cost-effectiveness of energy codes on a state-by-state basis.
Codes and Standards | Jan 22, 2016
Metal Roofing Seaming Guide published by Metal Construction Association
The free document is specifically tailored for metal roof installation.
Codes and Standards | Jan 22, 2016
Treasury Dept. will start crackdown on illicit money in luxury real estate
The move is expected to impact high-end condo development.