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PRESS RELEASE / ANNOUNCEMENTS Originally published 6:41 p.m., April 15, 2014 Updated 6:41 p.m., April 15, 2014

MarBorg’s Business Customer Spotlight: The Towbes Group

MarBorg recognized The Towbes Group with its first Customer Spotlight for the impressive recycling initiatives that The Towbes Group has undertaken in their Commercial Property Management Division.


(April XX, 2014) MarBorg recognized The Towbes Group with its first Customer Spotlight for the impressive recycling initiatives that The Towbes Group has undertaken in their Commercial Property Management Division. The Towbes Group manages 25 Commercial buildings in the Santa Barbara and Ventura Counties and they have been actively engaged with MarBorg to find new solutions to improve the recycling capacity and quantities at their properties.

As a result of these efforts, The Towbes Group has achieved high diversion rates throughout their Commercial Property portfolio, and several of the locations they manage have exceeded a 70% recycling level. These outstanding accomplishments by the Towbes Group are keeping recyclable materials out of the landfill, and help to enhance the sustainability of our community. We encourage them to keep up the great work and for others to embrace recycling initiatives. Below are a series of questions between MarBorg and The Towbes Group reflecting on the benefits of recycling and its impact on their business:

Q/A

M: How long has your business been operating in the SB County area?

TGI: Michael Towbes has been developing in Santa Barbara County since 1958.

M: When did you first begin to implement your recycling program?

TGI: We began implementing recycling at all of our commercial properties as soon as the City offered a recycling program.

M: Who is in charge of your business’ recycling efforts?

TGI: The Commercial Properties Management Team.

M: How have you encouraged recycling among your employees/tenants?

TGI: We have made green practices a part of our Towbes Group culture and encourage all of our tenants to increase their waste diversion as much as possible. We also try to educate them as much as possible on the sustainable and economic benefits.

M: Why is recycling important to your business?

TGI: It is the right thing to do for the environment and it saves dollars!

M: Is recycling important to your customers/tenants?

TGI: Yes, as it is not only the right thing to do, but our tenants benefit from the cost savings as well.

M: What materials do you (or your tenants) most commonly recycle?

TGI: Our retail properties recycle a large amounts of cardboard and glass items and our office tenants recycle paper and cardboard.

M: Does recycling help you save money?

TGI: Yes

M: Did you face any challenges in implementing your recycling programs?

TGI: All of our tenants were extremely cooperative with regard to waste management and diversion

M: Do you have any long term recycling goals?

TGI: We are always looking for ways to increase our waste diversion and save money. We partner with the Green Business Program of Santa Barbara County as well as MarBorg to be ensure that we are doing the very best we can when it comes to recycling.

ABOUT THE TOWBES GROUPINC.

Headquartered in Santa Barbara, the award-winning Towbes Group has extensive expertise in development, construction, investment, and asset management. Widely recognized for delivering excellence across all its products and services, the Towbes Group has distinguished itself as not only a trustworthy, innovative organization but also as a vital community member.

The company has developed 6,000 residential units and 1.6 million square feet of commercial properties primarily in Santa Barbara, Ventura and San Luis Obispo counties. They currently manage more than 2 million square feet of commercial space, including offices, light industrial and retail uses, and approximately 2,100 residential units. In addition, they are currently developing new homes and apartments in Santa Maria. More up to date information can be reached at www.towbes.com.

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