Advance Realty Celebrates Earth Day by Teaming With ECOvanta to Host E-Waste Collections
Program Receives Overwhelming Tenant Response Throughout New Jersey Portfolio
Advance Realty, a leading Northeast U.S. owner and developer of Class A office, mixed-use and flex-space properties, today announced the results of its 2012 Earth Day Electronic Waste (e-waste) Collection event.
Throughout its portfolio of premier office properties in New Jersey, Advance partnered with ECOvanta, Covanta Energy’s e-waste recycling enterprise, to collect a total of 16,342 pounds of e-waste during the last week of April.
At One Gateway Center in Newark, 445 South Street in Morris Township, 100 Tice Boulevard in Woodcliff Lake and various properties in Bedminster, Advance encouraged tenants to drop off e-waste materials such as computers and computer peripherals, copiers, printers, and televisions from home and their offices.
“This event was very well received by our tenants, and we were extremely pleased with the level of participation,“ said Peter J. Cocoziello, President and CEO of Advance Realty. “So many individuals made the considerable effort to bring items in from their homes and we received a vast number of compliments. This response just confirms our belief that tenants understand and appreciate Advance Realty’s commitment to sustainability.”
As part of its disposal procedure, ECOvanta weighs the material before it goes through a triage process to determine whether it needs to be disassembled by hand or go directly to the shredder for processing. Items are mechanically separated into ferrous or non-ferrous metals and plastics ready to be sold to end markets for recycling.
"With e-waste being the fastest growing segment of the municipal waste stream in the United States, it’s important to provide companies and individuals with a safe and sustainable process that protects our environment as well as their personal data and intellectual property,” said Gordon Burgoyne, ECOvanta’s Director of E-Waste Business Development. “As one of New Jersey’s leaders in the sustainable business movement, Advance Realty is exactly the type of company we seek to work with.”
About Advance Realty
Advance Realty, headquartered in Bedminster, New Jersey, is a privately held real estate development, investment and management company. Since its inception in 1979, Advance Realty has acquired or developed more than seven million square feet of commercial, residential, mixed-use and industrial projects. Advance continues to be one of the most active and respected commercial real estate companies in the New Jersey and Washington, D.C. markets.
Advance Realty is well positioned for smart growth in its core markets. The company’s strong capital base, outstanding talent and flexibility as a privately held, fully integrated real estate company ensure continued success at the forefront of the commercial real estate industry.
ECOvanta is a new electronic waste ("e-waste") recycling business owned by Covanta Energy Corporation, an internationally recognized owner and operator of Energy-from-Waste and renewable energy projects. Located in Philadelphia, PA, ECOvanta provides a one source solution for responsible and sustainable e-waste recycling and secure destruction services. ECOvanta is Responsible Recycling (R2) and ISO 14001:2004 certified. For more information, visit www.ecovanta.com.