Carbon-neutral construction in the Atlanta metropolitan area
Global IT Services Company
W. P. Carey delivers solar-ready, Class-A warehouse with green building features
Tenant Description: Global IT services provider
Transaction Type: Sustainable development
Location: Georgia
Facility Type: Class-A warehouse facility
Green Features: All-electric HVAC system, LED lighting, EV charging stations, solar-ready rooftop, expected LEED-Gold certification
In 2024, W. P. Carey completed the development of a 213,000-square-foot Class-A warehouse facility in the Atlanta metropolitan area—its first carbon-neutral construction initiative. The project was designed to minimize both operational and embodied carbon emissions.
W. P. Carey prioritized lower-carbon concrete, locally sourced materials and reuse of demolition materials on-site to reduce embodied carbon. The building also features an all-electric HVAC system, LED lighting, EV charging stations and a solar-ready rooftop. An on-site solar system is expected to be installed in 2026, enabling the project to obtain LEED Gold certification after completion.
To address remaining embodied emissions—primarily from concrete and steel—W. P. Carey developed sourcing criteria to procure high-quality, third-party verified carbon credits, following the standards set by the Integrity Council for the Voluntary Carbon Market (ICVCM).
The building has been leased to a global IT services provider under a new 15-year lease that includes green lease provisions. Sustainability was a key factor in the tenant’s leasing decision, given the company’s commitment to environmental stewardship.
Sustainability Highlights
- 965 MTCO2e of carbon emissions were avoided through the procurement of materials with reduced embodied carbon
- 16% reduction in embodied carbon emissions¹
- 100% offset of residual embodied carbon emissions