LABBC Case Study

PROPERTY OWNER
Barings LLC

PROPERTY TYPE
Office

SQUARE FEET
462,626

2022 Innovation Awards: Innovator of the Year

The 25-story office building in Downtown Los Angeles known as 801 Tower is a relatively “small” building doing big things in its community. Recognized this year for their inspiring philanthropic efforts, owner Barings LLC was also recognized last year for exceptional water efficiency, a long-running effort that has seen a 65.8% reduction at the property since 2015. This year, the building’s property management team at Transwestern has taken its leadership role to the next level, reinvesting money it saved on water and energy during the pandemic into more than two dozen local nonprofit organizations—including those focused on health, housing, homelessness and the arts—in an effort to make a meaningful contribution to the vitality of the area after a challenging couple of years, both socially and economically.

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