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Superior Energy Efficiency Acknowledged for JLL and Precedent Co-Investor, LLC
Indianapolis, FEB. 18, 2016 — Buildings 61, 75 and 85 in the Precedent Office Park, owned by Precedent Co-Investor, LLC and managed by JLL, have earned the U.S. Environmental Protection Agency’s (EPA’s) ENERGY STAR certification, which signifies that the buildings perform in the top 25 percent of similar facilities nationwide for energy efficiency and meets strict energy efficiency performance levels set by the EPA.
The 21-building, 1.2-million-square-foot Class A office park is located in the Keystone office submarket and is comprised of a mix of mid-rise, two-story and single-story office properties in a park-like setting. The office park is in a central location within a half-hour drive from virtually every destination in the greater Indianapolis area.
Amenities within the park include a 6,000 square foot fitness facility, a mile-long walking trail around a 38-acre lake, a national day care provider, a full-service conference facility and multiple restaurants and banks. Among the tenants in the office park are Zurich Insurance, WedMD, Stonegate Mortgage, and Defenders.
"We are pleased to accept EPA’s ENERGY STAR certification in recognition of our energy efficiency efforts,” said Ryan Room, General Manager of the property. "Through this achievement, we have demonstrated our commitment to environmental stewardship while also lowering our energy costs.”
Commercial buildings that earn EPA’s ENERGY STAR certification use an average of 35 percent less energy than typical buildings and also release 35 percent less carbon dioxide into the atmosphere. Precedent Co-Investor, LLC and JLL improved the buildings’ energy performance by managing energy strategically across the entire organization and by making cost-effective improvements to the buildings.
“Improving the energy efficiency of our nation’s buildings is critical to protecting our environment,” said Jean Lupinacci, Chief of the ENERGY STAR Commercial & Industrial Branch. “From the boiler room to the board room, organizations are leading the way by making their buildings more efficient and earning EPA’s ENERGY STAR certification.”
EPA’s ENERGY STAR energy performance scale helps organizations assess how efficiently their buildings use energy relative to similar buildings nationwide. A building that scores a 75 or higher on EPA’s 1-100 scale may be eligible for ENERGY STAR certification. Commercial buildings that can earn the ENERGY STAR include offices, bank branches, data centers, financial centers, retail stores, courthouses, hospitals, hotels, K-12 schools, medical offices, supermarkets, dormitories, houses of worship, and warehouses.
ENERGY STAR was introduced by EPA in 1992 as a voluntary, market-based partnership to reduce greenhouse gas emissions through energy efficiency. Today, the ENERGY STAR label can be found on more than 65 different kinds of products, 1.4 million new homes, and 20,000 commercial buildings and industrial plants that meet strict energy-efficiency specifications set by the EPA. Over the past twenty years, American families and businesses have saved more than $230 billion on utility bills and prevented more than 1.8 billion metric tons of greenhouse gas emissions with help from ENERGY STAR.
For more information about ENERGY STAR Certification for Commercial Buildings: www.energystar.gov/labeledbuildings
For more information about The Precedent Office Park: http://theprecedentofficeparkindy.com/
About JLLJLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $5.2 billion and gross revenue of $6.0 billion, JLL has more than 230 corporate offices, operates in more than 80 countries and has a global workforce of more than 60,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Its investment management business, LaSalle Investment Management, has $56.4 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.
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