News: Brokerage

Hartz Mountain listed as a top 20 commercial solar power user in the U.S.

A recent report by the Solar Energy Industry Association (SEIA) and the Vote Solar Initiative (Vote Solar), lists Hartz Mountain Industries among the top 20 commercial solar power users in the U.S. alongside some of America's most iconic brands and biggest businesses including WalMart Stores, Kohl's and IKEA. Hartz ranked 19th in the report based on the five solar systems for which Hartz is the direct user of the electricity generated. However, supplementing this total with an additional 10 systems for which Hartz's tenants are the direct users of the electricity generated would have moved Hartz's ranking to 9th place, and the addition of Hartz's 8.5 MW Solar Farm in Hamilton would have increased Hartz's ranking to 5th place. Hartz's solar portfolio now stands at a total of 17.5 MW, annually generating enough electricity to power 2,400 New Jersey homes. "Solar power represents both a means to be kinder to the earth by reducing pollution and is a significant factor in reducing our operational expenses," said Emanuel Stern, president and COO for Hartz Mountain Industries. "It is a key component to our sustainability efforts that benefits both Hartz Mountain Industries and our tenants who have taken advantage of our solar power program." For photos of the Hamilton Solar Farm, click here, and for photos of the solar paneling projects, click here. For a copy of the SEIA/Vote Solar Report, click here. For more information about Hartz's solar initiatives, please visit the Green Building and Sustainability Initiative at www.hartzmountain.com.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking