Market Street is proud to be recognized as the newest IREM® (Institute of Real Estate Management) Certified Sustainable Property (CSP), a mark of distinction for commercial and residential properties that focuses on the role of real estate management in green building performance.
Tenants and residents increasingly associate sustainable practices with a well-managed property, so the CSP certification presents a prime opportunity to showcase quality, responsible real estate management, and recognition of resource efficiency and environmental sensitivity.
“Sustainability is not just about good design – it’s about asset performance that results from quality property management, and at Market Street we are proud to embrace green building practices every day,” said Market Street General Manager Jenny Taylor. “This designation represents the fact that at Market Street we prioritize responsible real estate management.”
To earn certification, a property must first meet key baseline requirements, and then earn necessary points across energy, water, health, recycling, and purchasing categories.
“Practicing sustainability in real estate management is not just the right thing to do, it’s the smart thing to do. It’s good for the environment, it maximizes operating efficiency, and it reduces energy costs,” says Barry Blanton, CPM®, 2022 IREM president and founding principal at Blanton Turner, an AMO® real estate management and consulting firm based in Seattle, Washington. “The built environment contributes 40% of the planet’s carbon emissions and consumes 30% of our energy. Earning IREM’s CSP certification validates Market Street’s commitment to reducing the impact of buildings on the environment and working towards a greener future.”