NAIOP Awards Aardex 2008 National "Green Development Award"

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Innovative Colorado real estate developer, Aardex, wins National NAIOP Green Development of the Year Award. Its building, the Signature Centre, continues to command national attention for its focus on worker health and productivity.

Green Developer of the Year

Aardex LLC, a full service design, development and construction firm, has been named "Green Developer of the Year" by the National Association of Industrial and Office Properties, the nation's leading organization representing the interests of commercial real estate executives engaged in industrial, office and mixed-use development.

The company was honored for its "Signature Centre" building, Colorado's first commercial LEED Platinum office structure.

"This project continues to symbolize the innovation, creativity and sustainable approach that our members are utilizing to develop model properties," said NAIOP President Thomas J. Bisacquino.

"The value of this building can be summed up in two words, air and light," said Ben Weeks, Aardex principal in charge of the project. "Worker productivity soars when the individual can control his or her own thermal comfort in the presence of abundant natural light."

"And, when that happens, the entire paradigm of commercial real estate changes," added Rick Butler, Aardex founder and CEO. "If a building can contribute just a 5% increase in worker productivity, that increase goes a long way toward the building actually paying for itself."

The Signature Centre, a five story structure, features underfloor air throughout the 186,000sf building with individual temperature and ventilation controls. Daylight harvesting via interior and exterior light shelving, state-of-the-art glass and individual lighting showcase the many features promoting productivity and creativity in this state-of-the-art workplace.

Applicants were judged on a number of criteria, including sustainable sites, indoor environmental quality, water efficiency, energy and atmosphere, economic viability and other sustainable attributes. Entries for the award were reviewed by industry leaders, including members of the U.S. Green Building Council and its affiliate, the Green Building Alliance.

NAIOP created the Green Building Award in 2005 to recognize the growing number of firms engaged in green development. NAIOP and its member companies are committed to developing model properties adhering to the highest standards in the industry and believe that socially conscious development is essential to the economic vitality of the industry and the nation.

The award will be presented to Aardex during a special ceremony sponsored by Liberty Property Trust and Swinerton Inc. on Tuesday, October 21, at NAIOP's development '08: the annual meeting for commercial real estate, in Las Vegas.

About Aardex LLC: Founded in 1983, Aardex LLC is a development, design, construction and property services firm based in Denver. A recognized leader in build-to-suit, Aardex authored User Effective® Buildings in 2004, a methodology that champions worker productivity in the workplace. The company is committed to reflecting the highest standards in sustainability in all of its business lines - office, healthcare, hospitality and mixed use. Learn more at http://www.aardex.com

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