BOSTON, MA – June 30, 2025 – GID Industrial has been awarded the 2025 Technology Innovation Award by Healthcare of Ontario Pension Plan (“HOOPP”), one of GID’s key investment partners.  HOOPP’s LEAP Program has recognized GID Industrial for its creative uses of technology to drive sustainability performance and change across its value add portfolio.  

“It is an honor for GID to be recognized by HOOPP for a second consecutive year for our efforts to drive sustainable change within our portfolio,” said Philip Carmody, Senior Vice President and Head of Responsible Investments at GID. “Our commitment to innovation advances our Responsible Investments program, while also reinforcing our long-term sustainability goals in partnership with institutional investors like HOOPP.” 

Through a suite of innovative tools and platforms, GID is transforming how utility data is captured, analyzed, and acted upon – enhancing both operational efficiency and environmental outcomes, and setting a new standard for industrial asset management. Key abilities of the platform include:  

  • A custom-built AI tool that automates the processing of 100% of landlord-paid utility invoices, significantly improving data accuracy and reporting efficiency. 
  • Shadow meters that provide energy consumption insights for assets in our portfolio. 
  • QR code-enabled smartphone applications that provide property managers with real-time data collection and performance awareness. 
  • Direct utility connections that enable seamless integration with ENERGY STAR, covering 40% of the portfolio and allowing for timely interventions. 

These technologies are supported by a rigorous quality control process and continuous improvement strategy, ensuring reliable data for external reporting and stakeholder engagement. The insights are then used by GID to benchmark and track environmental performance of assets and inform project selections to drive better outcomes.  

This award marks GID Industrial’s second consecutive recognition by HOOPP’s LEAP Program, following receiving the Sustainable Fund Award for its leasing initiatives in 2024. HOOPP introduced the LEAP awards in 2012, recognizing the environmental, social, and governance (“ESG”) practices of its real estate partners as part of its commitment to sustainable investing. HOOPP’s recognition of GID Industrial’s asset-level tracking technology is consistent with the pension plan’s commitment that its investments are reflective of its beliefs and goal of achieving net-zero portfolio emissions by 2050.

For more information about GID and its Responsible Investments program, please visit – https://gid.com/ri-overview/

Additional information on HOOPP and the LEAP program, please visit – 2024 LEAP Awards

About GID  

GID is a privately-held, vertically-integrated real estate company that owns, operates, and/or manages a portfolio of multifamily and industrial assets, and develops multifamily and mixed-use projects across the United States. The firm also operates a credit platform that aims to provide commercial real estate debt solutions for institutional borrowers. With corporate offices in Atlanta, Boston, Dallas, Dubai, New York and San Francisco, GID is an experienced real estate investor and manager supported by an integrated operating platform and has 60+ years of experience across multiple asset classes. As of March 31, 2025, GID owns and/or manages $30.4 billion of assets under management across 56,000 apartment units and 28 million square feet of industrial and commercial space [1].

[1] AUM is as of 3/31/2025 and is calculated in compliance with the definition for Assets Under Management (“AUM”) prescribed in INREV’s Global Definitions Database and includes the market value of real estate as well as non-real estate assets (including any cash in the vehicle or mandate) and committed but uncalled capital for which GID provides oversight and investment management services (for internal client capital and third-party capital) in the funds as well as “Other GID Accounts,” (as defined below) and accounts for which GID provides asset management services without an equity investment. Other GID Accounts include proprietary accounts and co-investment joint ventures with unaffiliated investors where the latter maintain significant approval rights over the management of these investments. Such investment vehicles are not considered “securities portfolios” or “private funds” for purposes of the Advisers Act and are not included in the regulatory assets under management reported in Form ADV Part 1A or Part 2A. As of December 31, 2024, the firm’s regulatory assets under management totaled $4.6B.   

Media Contact  
gid@berlinrosen.com