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Kimco Realty Corporation’s large facility portfolio could be considered quite challenging to some organizations trying to reduce energy savings, but Kimco was able to provide upgrades to 160 sites across 25 states over 2 years. The 50-year old real estate investment trust based in New Hyde Park, New York was a 2014 Lighting Energy Efficiency in Parking (LEEP) Campaign winner for Largest Absolute Number of Facility Upgrades. Kimco has reduced their lighting energy usage primarily through the use of lighting controls for their parking lots representing approximately 51
million square feet of parking area. Kimco, which owns and operates over 800 shopping centers in North and South America, can add their LEEP accomplishments to their 2013 National Association of Real Estate Investment Trusts (NAREIT) award for leadership in sustainability and energy efficiency.
JCPenney saved over 47 million kWh and $5 million with variable frequency drive retrofits of rooftop units across 131 stores. The case study describes the decision process and results of this successful program.