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Galvanize raises $370 million to cut buildings’ carbon emissions

Rising electricity costs push institutional investors toward energy-efficiency real estate strategies
Galvanize Real Estate's portfolio purchase in December included Addison Business Park 1 in Addison, Illinois. (CoStar)
Galvanize Real Estate's portfolio purchase in December included Addison Business Park 1 in Addison, Illinois. (CoStar)

Galvanize Real Estate closed its first real estate fund at $370 million, betting that cutting carbon emissions from commercial buildings will drive profits as energy costs climb and tenants demand greater control over their power bills.

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News | Galvanize raises $370 million to cut buildings’ carbon emissions