The Leader Magazine

MAR 2019

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Page 43 of 51

44 March 2019 the leader 1. Global Wellness Institute. (2018). Build Well to Live Well: Wellness Lifestyle Real Estate and Communities. Retrieved from 2. Strategic Insight SimFund ® (2018). Bank of America/Merrill Lynch, US Equity & US Quant Strategy 3. Jones Lang LaSalle (2018). Top 10 Global CRE Trends. Retrieved from 4. Zimring, C., Joseph, A., Nicoll, G. L. & Tsepas, S. (2005). Influences of building design and site design on physical activity: research and intervention opportunities. Am J. Prev Med, 28(2 Suppl 2), 186-193. doi:10.1016/j.amepre.2004.10.025 5. The Portion of Health Care Costs Associated with Lifestyle-Related Modifiable Health Risks Based on a Sample of 223,461 Employees in Seven Industries: The UM-HMRC Study. O'Donnell, Michael, et al. Journal of Occupational and Environmental Medicine, December 2015, Volume 57, Issue 12, 1284-1290. 6. CBRE. (2016). Millennials: Myths and Realities. Retrieved from Vornado r ealty t rust and b loomberg l .P. A Fitwel Champion and an industry leader in sustainability, Vornado Realty Trust has benchmarked its office portfolio and achieved Fitwel certification at two marquee assets. Vornado earned its first 3-Star Fitwel rating for Bloomberg L.P.'s headquarters at 731 Lexington Avenue in New York City, making it the first building to pursue certification jointly by a building landlord and tenant. This achievement reflected the commitment of both parties to create forward-looking workplaces that enhance employee health, safety, and well-being. Bloomberg's 900,000-square-foot (83,612-sq.-m.) office aligns well with Fitwel, adopting a broad range of the Fitwel Strategies. Highlights from the property that support Bloomberg employees include the following: • the interior stairwell system, which fosters an active workplace culture for employees to be more physically active while travelling between its 29 floors and collaborate more fluidly between workspaces • access to daylight and exterior views from the majority of workspaces to improve employee satisfaction and workplace performance • easy employee access to community supported agriculture (CSA) deliveries during the local growing season to encourage consumption of healthy foods Beth Mazzeo, chief operating officer at Bloomberg, said: "Bloomberg is proud to offer its employees a work environment that encourages innovation and collaboration with each other and that promotes health and wellbeing. These aspects are ingrained in our company culture and we have long designed our offices around them. The 3-Star Fitwel rating for our New York headquarters underscores our commitment to provide a building environment that is safe and that increases physical activity and, in turn, increases employee motivation." Capitalizing on the health trend Now more than ever, it is critical that the real estate industry consider health as a core value of sustainability and corporate social responsibility for not only the wellbeing of our society, but also for the success of their business. With both employees and investors showing interest in healthier workplaces, prioritizing health makes sense from both a top-down and bottom-up perspective. Seventy-eight percent of Millennials, who now make up the largest segment of the labor force, report that workplace quality is important when choosing an employer 6 . As companies strategize on attracting top talent and retaining current employees, Fitwel can help companies differentiate themselves and demonstrate how they are designing workplaces and implementing policies that have demonstrated health benefits. The movement is continuing to build, furthered by companies such as Kilroy, Vornado, and other leaders who have taken a stance and are setting the standard for creating healthier workplaces for all. Reena Agarwal is the founding chief operating officer and Symphony Chau is a senior analyst of communications at the Center for Active Design. Photo: Bloomberg L.P. Photo: Bloomberg L.P.

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