Commercial Real Estate

Municipal Square

Built in 1972, Municipal Square is a five-story, 100,000 square foot commercial office building located in West Orange, New Jersey. The building’s prime location, near transportation routes, Newark Liberty Airport and the courthouse, makes it a desirable location for approximately thirty-five tenants including law firms, architects, accountants, a bank and cafeteria. Municipal Square is managed by Municipal Square Associates, a real estate company principally owned by Drill Construction Company, which is also located in the building. A third-generation, family-operated firm, Drill Construction Company prides itself on making client and tenant satisfaction a top priority.

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TIAA-CREF has improved the comfort, reliability and efficiency of its headquarters building by replacing aging steam absorption chillers with Trane high efficiency chillers, upgrading its cooling towers, and installing an ice thermal storage system. The thermal storage system shifts energy use to off-peak hours, saving approximately $765,000 per year in operating costs, energy use and demand charges. TIAA-CREF is using Trane proprietary optimization control logic to maximize the chiller and cooling tower efficiency. The Trane New York-New Jersey Energy Services team completed this turnkey project for TIAA-CREF.

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Von Braun Center

Originally built in 1974, the Von Braun Center has doubled in size over the years with four major expansions, and plans underway for construction of another 150,000 sq ft of space. While the renovations have allowed the center to increase the activities it can over, the additions have also contributed unfavorably to the performance of the facility’s mechanical systems.

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Bank of America Stadium

Faced with the need for additional cooling capacity, high energy costs, and an aging infrastructure, Bank of America Stadium, home of the Carolina Panthers, was also challenged by a short off-season. With events already scheduled and tickets sold, it was critical that needed upgrades adhere to strict deadlines in order to provide comfort for stadium guests, and alleviate the inconvenience and financial burden of cancellations.

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Lincoln Square South

Centralized chiller plant improves energy efficiency and occupant comfort; operates at .49kW/ton in part-load conditions.

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