Tripark Las Rozas is a three-building, 351,873 ft² (32,702 m²), Class A office complex located within the Las Rozas Business Park in northwest Madrid. All three 117,338 ft² (10,900 m²) buildings are situated at a highly visible intersection of the A-6 motorway and the M-50 ring road. Hines developed the property in 2010 for the Hines European Development Fund I.

Hines Managing Director Fernando Arenas said, “This certification gives Hines a strategic advantage in the Spanish real estate market where awareness of sustainability, environmental performance and occupant productivity is growing among leading tenants.”

Sustainable features include: façade design solutions to reduce thermal gain; floorplate depths that maximize natural light; photovoltaic energy; photocatalytic filters installed in air conditioning ducts; non-toxic materials; bicycle storage with changing rooms and shower facilities; and water-saving technologies, among other things.

Hines entered the Spanish market with a strategic investment in Barcelona in 1995. That investment, known as Diagonal Mar, centered on 84 acres of land fronting the Mediterranean Sea. The project is one of Europe’s largest mixed-use developments totaling over four million square feet consisting of a retail and leisure center, five residential phases, three hotels, three office buildings and the third-largest public park in Barcelona.

In 2000, Hines expanded its operations in Spain by opening a Madrid office, and in 2004, a Marbella office. Today, Hines Spain has more than 25 employees involved in development, leasing, financing and asset management.

Source: Hines