Carmel office buildings awarded energy star designation


One-Two Penn Mark exterior

Two Carmel office buildings in the Meridian Street corridor have earned the energy star label from the U.S. Environmental Protection Agency for their energy performance.

The buildings, One and Two Penn Mark, are located at 116th Street and Meridian Street in Carmel and comprise roughly 240,000 square feet of office space.

“We are honored that our efforts have resulted in the energy star designation,” said Ryan Room, Senior Property Manager at Summit Realty Group which manages the buildings. “Together with our partners from True North, we’ve implemented a program at Penn Mark that supports our corporate-wide commitment to sustainability and operational conservatism.”

The property’s top performance and energy efficiency can be attributed to:

● Automated lighting and sensor controls coupled with high efficiency light fixtures in both common areas and newly constructed tenant suites.

● Implementation and refinement of a customized building automation module for heating and cooling systems.

● Ongoing, preventative maintenance updates and a progressive annual plan for energy and sustainability enhancements.

A team of professionals from both companies worked together to earn this honor over the course of True North’s first year of property ownership. It is the first time since 2010 that One Penn Mark has attained the Energy Star label, and the first time for Two Penn Mark.

The properties represent 2 of only 20 in the metropolitan Indianapolis area to hold this designation for 2013, and are the only 2 multi-tenant commercial office properties on the Meridian Office Corridor to do so.

“There were several challenges throughout the process and it was not achieved without the commitment and capital backing of our dedicated ownership, along with the diligence and expertise of our local team and service providers. Through collaborative efforts, we were able to realize our ultimate goal of becoming energy star certified,” Room said.

An energy star certified property meets strict energy performance standards set by the EPA and uses less energy, is less expensive to operate, and causes fewer greenhouse gas emissions than its peers. In order to earn the highly sought after energy star, the EPA’s national energy performance rating system provides a scale from 1 to 100. A building must score a 75 or higher, indicating that it performs better than at least 75 percent of similar buildings nationwide.