GNP-managed Building Earns IREM® Sustainable Property Certification

Realtor building sign

The REALTOR® Building, managed by GNP Realty Partners, has achieved status as a designated IREM® Certified Sustainable Property – a certification that focuses on exceptional real estate management in green building performance. The IREM sustainability certification assesses the sustainability performance of existing properties in five categories – energy, water, health, recycling, and purchasing.

“We couldn’t be more pleased with the IREM recognition,” said Renata Stec, CPM®, Senior Vice President of GNP Management Group, Inc. “As an IREM Accredited Management Organization®, and with the building being owned and occupied by the National Association of REALTORS®, it’s important to us to demonstrate the highest possible standards. To have our green building management achievements acknowledged by one of the industry’s leading professional property management organizations is particularly gratifying.” 

Built in 1963, the 13 story REALTOR® building houses the National Association of REALTORS® and the Institute of Real Estate Management, among other tenants. In addition to being an IREM® Certified Sustainable Property, the REALTOR® building is also LEED O+M Gold and ENERGY STAR® certified.


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Read the full press release below:

REALTOR®  Building at the Forefront of Green Management

GNP Realty Partners Achieves IREM® Certified Sustainable Property Certification for REALTOR® Building

(Chicago, June 27, 2016)  While the outside of the REALTOR® Building is notable for being prominently situated next to the Wrigley Building on Chicago’s famed Magnificent Mile, the inside is noteworthy as well. That’s because John Gagliardo, Vice President at GNP Realty Partners, recently announced that REALTOR® Building, managed by his company, has received recognition as a designated IREM® Certified Sustainable Property.

“We couldn’t be more pleased with the IREM® recognition,” said Dean Kutrumanes, Owner and CEO of GNP Realty Partners. “As an IREM® Accredited Management Organization®, and with the building being owned and occupied by the National Association of Realtors®, it’s important to us to demonstrate the highest possible standards. To have our green building management achievements acknowledged by one of the industry’s leading professional property management organizations is particularly gratifying.”   

The IREM® Certified Sustainable Property is a prestigious sustainability certification program that focuses on the role of exceptional real estate management in green building performance. IREM’s sustainability certification provides properties with recognition for resource efficiency and environmental programs. To earn the certification, a property must first meet key baseline requirements, and then earn necessary points across energy, water, health, recycling, and purchasing categories. Tenants and residents increasingly associate environmental performance with quality, so the certification presents a prime opportunity to showcase quality, responsible real estate management.

“Sustainability is not just about good design – it’s about good property management and operations, every day. Good, quality management is directly related to sustainability,” states Chris Mellen, CPM®, ARM®, IREM® President, The Simon Companies, Braintree, Mass. “IREM® congratulates GNP Realty and the REALTOR® Building for being on the forefront of green management.”

John Gagliardo, VP, GNP Realty Partners, and Russ Salzman, CEO, IREM® with newly installed IREM® Certified Sustainable Property plaque recognizing the building’s achievement

Built in 1963, the 13 story REALTOR® building houses the National Association of Realtors® and the Institute of Real Estate Management, among other tenants. In addition to being an IREM® Certified Sustainable Property, the REALTOR® building is also LEED O+M Gold and Energy Star certified.  GNP Realty Partners plans to outfit the building with an LEED Dynamic Plaque, which is a building performance monitoring and scoring platform that measures building performance across the categories of energy, water, waste, transportation and human experience. The plaque generates a current performance score out of 100 and is updated whenever new building data enters the platform – and is displayed in a visually engaging manner for building occupants, tenants and visitors. GNP Realty Partners anticipates the LEED Dynamic Plaque to be added to the building sometime in September

“Green building practices and a building environment focused on enhancing peoples’ health and wellbeing are high on our list of management services,” said Renata Stec, CPM®, Senior Vice President of GNP Management Group, Inc., AMO®. “Sustainability has moved from being an ‘innovation’ to being what most people expect today. Not only does it make for a better work or living environment, but sustainability is important to maintaining and growing the value of the property – which is the bottom line for property managers.”