Newmark Grubb ACRES Asset Services Wins Energy Efficiency Leadership Award
Newmark Grubb ACRES Vice President of Asset Services Justin Farnsworth and his team of Property Management experts receive the Energy Efficiency Leadership Award from Mayor Ralph Becker as part of Salt Lake City’s Project Skyline Challenge.
Project Skyline, which was launched in 2014, is part of Mayor Becker’s multi-year initiative to help raise public awareness of building energy performance as well as substantially cutting energy waste in Salt Lake City buildings and enhancing economic development. This unique competition challenges building owners and managers around Salt Lake to reduce citywide building energy usage by 15 percent by the year 2020.
Through his role as Vice President of BOMA Utah, Farnsworth has been actively involved with energy efficiency legislation that affects the commercial real estate industry. As a result of his involvement with programs such as CPACE (Commercial Property Assessed Clean Energy), BOMA Utah’s Energy and Sustainability Committee and the 2014 Governor’s Energy Development Summit, when the Skyline project launched, Newmark was invited to become a strategic partner with a commitment to improve energy efficiency in all of our managed assets.
“Through these partnerships, it is our hope to avoid mandates, and continue incentivizing building owners to invest in energy efficiency measures at their buildings,” said Farnsworth. “Overall, saving energy saves money, and just makes sense from an investment standpoint.”