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New York

Mutual of America Earns First LEED® EB Silver Certification in New York for 320 Park Avenue

Jones Lang LaSalle Managed 16-Month Energy, Sustainability Process for Mutual of America


NEW YORK, June 16, 2009 — Mutual of America Life Insurance Company announced that its headquarters building at 320 Park Avenue has earned LEED® Silver certification. The 750,000-square-foot Mutual of America building, which has also earned the Energy Star label in six of the past seven years, is now the highest-rated building in New York to meet the LEED program’s Existing Building or Operations & Maintenance (EB-OM) standard.
 
Jones Lang LaSalle, which serves as property manager of 320 Park Avenue for Mutual of America, was enlisted by the retirement insurer in January 2008 to develop a strategy to obtain LEED certification for the headquarters property. The Silver certification places the Mutual of America Building at the forefront of Manhattan’s Class A office buildings in terms of compliance with Mayor Michael Bloomberg’s “Greener, Greater Buildings Plan.” The proposal would increase the focus on energy conservation and the reduction of carbon emissions in all office buildings greater than 50,000 square feet.
 
LEED was developed by the U.S. Green Building Council to transform the building industry to sustainable practices. The LEED rating system is the nationally accepted benchmark for the design, construction and operation of high performance green buildings. The ratings recognize buildings that satisfy specific green building and maintenance standards, including water efficiency, energy and atmosphere, and indoor environmental quality. Buildings are recognized in two categories: existing buildings that meet these standards and newly constructed buildings.
 
“Mutual of America is honored to be recognized by the U.S. Green Building Council for our ongoing commitment to the environment,” said Thomas J. Moran, chairman, president and CEO of Mutual of America. “Our company and its employees are dedicated to using smart technologies and creating innovative solutions that preserve and protect our environment for future generations.”
 
“Mutual of America has been at the forefront of efforts to reduce the environmental impact of its real estate portfolio,” said Scott Robinson, senior vice president with Jones Lang LaSalle. “The company recognizes that an energy-efficient office building operated in a sustainable manner promotes the health of its employees and reduces expenses significantly.”
 
Key enhancements at the 35-floor headquarters building, which was re-constructed in 1995, included instituting green building exterior management practices; reducing indoor potable water by 10 percent over EPA 1992 standards; purchasing green office materials, including cleaning paper products and light bulbs; conducting an energy study to help increase energy efficiency and reduce energy costs; and devising a thorough preventative maintenance program.
 
The building also tested all major building equipment through a process called Retro-Commissioning to ensure optimal performance of building systems and reduced energy use.
 
In addition to being LEED Silver certified, the Mutual of America building was one of only five Manhattan office buildings awarded the Energy Star label in 2008. This marks the sixth time that the property has received such recognition since the award was first announced for commercial office buildings in 1999; it was also recognized in 2002 and from 2004 through 2007.
 
The Energy Star program is an initiative of the U.S. Environmental Protection Agency and the U.S. Department of Energy to assist citizens and businesses to save money and protect the environment through energy efficient products and practices. Office buildings that earn the Energy Star label typically use about 35 percent less energy than average buildings.
 
About Mutual of America Life Insurance Company
 
Since 1945, Americans have turned to Mutual of America to help them plan for their retirement and meet their long-term financial objectives. Today, as in the past, Mutual of America remains financially strong, and is rated among the strongest companies in the life insurance industry by the major independent rating agencies. The Company is committed to providing quality products and services to help its customers build and preserve assets for a financially secure future.
 
About Jones Lang LaSalle
 
Jones Lang LaSalle (NYSE:JLL) 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. With 2008 global revenue of $2.7 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.4 billion square feet worldwide.  In the New York area, Jones Lang LaSalle provides leasing and management services for nearly 45 million square feet of commercial real estate. For further information, please visit our Web site, www.joneslanglasalle.com.
 
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