The U.S. Department of Energy has recognized Parmenter Realty Partners for its leadership in the Better Buildings Challenge. The Better Buildings Challenge is a national leadership initiative that calls on chief executive officers, university presidents, and state and local leaders to reduce their portfolio-wide energy use 20 percent by 2020 and then share the results of their energy reduction strategies.


Parmenter Realty Partners joined the Better Buildings Challenge as a Corporate Partner in May 2013. “It is our five year goal to reduce energy by 12% across our portfolio, which will be an improvement on the 11.5% reduction in energy consumption we have already seen since 2009,” said Steve Harrison, Managing Director of Facilities and Sustainability. “As a company, we incorporate holistic management principles to the operation of our buildings providing a healthy environment for tenants and visitors, while at the same time reducing the impact on energy consumption, water use and waste generated.”

To date, more than 110 organizations representing more than two billion square feet of space have joined the Better Buildings Challenge and committed to share portfolio-wide energy consumption data, publicize their cutting-edge showcase projects that demonstrate significant energy savings, and to share their approaches to overcoming barriers with the marketplace.

"Through the Better Buildings Challenge, our partners are breaking through barriers to reducing energy intensity and achieving lasting results that save money and create jobs," said David Danielson, Assistant Secretary for Energy Efficiency and Renewable Energy. "We applaud Parmenter Realty Partners for their leadership in making their organization more energy-efficient which keeps American businesses competitive."

Parmenter Realty Partners is a real estate investment, management and development company, headquartered in Miami, Florida, with regional offices in Dallas, Atlanta and Washington, D.C. Parmenter operates a series of institutional investment funds focused on the southern and mid-Atlantic regions of the U.S.