October 28, 2009—Jones Lang LaSalle announced it has achieved 100 percent participation in ENERGY STAR, the U.S. Environmental Protection Agency’s voluntary program for benchmarking the energy efficiency of commercial buildings, throughout its property management portfolio.
A total of 330 office buildings in 106 U.S. cities across Jones Lang LaSalle’s property management portfolio have been enrolled in ENERGY STAR Portfolio Manager, a process that involves reporting a range of energy-related information to receive a rating between 1 and 100. Ratings correspond to the level of energy performance of a building compared to competitive building, so a building with a 75 rating—the level required to receive an ENERGY STAR label—is more energy efficient than 75 percent of comparable buildings.
The average ENERGY STAR rating of properties in Jones Lang LaSalle’s managed portfolio is 67, or 17 percentage points higher than the industry average score of 50. This strong performance equates to approximately $50,000 per building in annual energy cost savings for buildings managed by Jones Lang LaSalle, according to the company.
In addition, 143 of the buildings achieved ratings of 75 or higher, which is the cutoff for earning an ENERGY STAR label. Jones Lang LaSalle-managed buildings that have participated in the ENERGY STAR program for more than 24 months have an average rating of 74, an indication that benchmarking performance leads to a cycle of continuous improvement.
Jones Lang LaSalle is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. For more information, see the Web site.
