LBA Realty

Early on in their work together, LBA Realty and Black Bear collaborated to install what was at the time the world's largest indoor energy storage system at Park Place. This effort helped to reduce operating costs and support sustainability efforts. LBA Realty also asked Black Bear to oversee the procurement and installation of LEDs at various properties including office assets in Arizona and at an industrial asset in Nevada. In addition to providing value for the owners and tenants, the installation of LEDs in the office parking garage also served to improve lighting and safety. LBA Realty also contracted with a leading storage provider to install battery storage in multiple office assets across California. The battery storage installs serve to save on demand costs by peak shaving during high demand events. More recently, in 2023, LBA and Black Bear celebrated the construction of six rooftop community solar projects across four industrial properties in Maryland. This project provides clean energy to local residents at reduced rates through the Maryland community solar program. Black Bear Energy serves as the owner’s representative for LBA Realty throughout these processes, from concept to commissioning.