New York-based Clarion Partners, a real estate investment manager with $25.4 billion in assets, is joining the Honest Building network, the firm announced today. Honest Building, with headquarters in Seattle and New York, is a quasi-social network and building data provider for architects, engineers, contractors, brokers, building managers, tenants and other professionals, with over 750,000 property profiles.
Clarion will become the largest property owner to profile their properties on the network, adding a $6.4 billion portfolio of 19 million square feet of office and industrial assets and more than 7,000 multi-family units.
“In an effort to continue to be leaders in sustainability, it’s important for us to engage qualified tenants and to showcase our portfolio,” Richard Schaupp, senior vice president at Clarion Partners, said in a statement. “Through Honest Buildings we can use web and social media technologies to reach the commercial real estate industry.”
Honest Buildings was launched in March by Riggs Kubiak, the former global head of sustainability at Tishman Speyer, along with Garrett Kubiak, and Cody Roberts. As The Real Deal previously reported, the online data provider received millions in financing from venture capital firms RockPort Capital and Mohr Davidow Ventures in September. —Christopher Cameron