Denver, CO (December 18, 2019)
Ascentris announced today that it has certified over 1 million square feet across six office properties through WiredScore. WiredScore, a commercial real estate rating program, assesses a building’s digital infrastructure, providing tenants with a measure by which they can compare potential properties’ telecom and connectivity infrastructure through a uniform rating system. This certification enables tenants to efficiently identify buildings that meet ever-evolving and increasingly important connectivity and security requirements.
Across its portfolio, Ascentris has partnered with WiredScore to identify areas for improvement and certification. Most recently, Ascentris achieved a Gold Certification at 1735 N Lynn, a 295K sf office building in the Rosslyn submarket of Washington, D.C., and a Silver Certification at Kierland Corporate Center II, an 82K sf office building in the Scottsdale submarket of Phoenix, AZ. With this achievement, Kierland Corporate Center II became only the third WiredScore Certified office property in Arizona.
In pursuing Wired Certification, the properties underwent comprehensive certification processes evaluating the aspects of digital infrastructure and connectivity experience that allow office tenants to stay online and maintain productivity.
“We are excited to partner with WiredScore throughout our office properties across the United States,” said Ascentris Senior Vice President Denis Curran. “WiredScore’s rating system quantifies our commitment to providing an excellent workplace environment to our tenants. Connectivity and cyber security are of utmost importance among our tenants, and WiredScore allows us to improve existing infrastructure and measure the quality of that service.”
“Ascentris stands out among commercial real estate owners by clearly demonstrating a commitment to enabling tenant productivity in its adherence to best-in-class connectivity standards,” said WiredScore CEO and Founder Arie Barendrecht.
About Ascentris
Ascentris is a real estate private equity firm based in Denver, Colorado. With $1.6 billion in assets under management, Ascentris manages a series of fully discretionary institutional vehicles targeting both core and value-add investments across major property types and geographic regions within the United States.
Since 2003, Ascentris’ management team has relied on an investment philosophy and organizational structure that allows its investors to access opportunities ahead of the market while receiving a high level of service, transparency and accountability. Ascentris is a privately held and management-owned SEC registered investment adviser committed to putting its investors’ needs first.
Additional information is available at www.ascentris.com.
About WiredScore
WiredScore is the organization behind Wired Certification, the internationally recognized digital connectivity rating system for commercial real estate that helps landlords design and promote their buildings’ digital connectivity to tenants.
Wired Certification champions technology in commercial real estate by providing the only certification that evaluates the infrastructure, connectivity and technological capacity of commercial buildings. WiredScore launched Wired Certification in 2013 in partnership with Mayor Bloomberg and the City of New York.
In October 2017, an investment group led by Bessemer Venture Partners and Fifth Wall Ventures acquired the company’s majority share. Since launch, more than 500 million square feet of commercial real estate across more than 2,000 buildings has been Wired Certified globally.
International demand for the digital connectivity rating system has led the company to expand operations to the United Kingdom, France, Germany, Canada, Australia and the Netherlands.
For more information on Wired Certification or to find Wired Certified buildings, visit http://wiredscore.com/.
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