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CSP retail requirements

IREM certifies office, medical office, multifamily, senior housing, retail, industrial and self storage properties.

Prerequisites

  • At least 25,000 square feet
  • At least 18 months after substantial completion or repositioning
  • At least 75% occupancy
  • Smoke-free interior common areas
  • In compliance with all environmental laws

Baseline requirements – All properties must complete

Management Perform a sustainability market analysis
Management Discuss sustainability and investment goals with owner or supervisor
Management Commit to monitoring the effect of sustainability on property financials
Management Hold meetings with your staff team, at least quarterly, to discuss progress on sustainability program
Management Establish a plan for marketing your sustainability success
Energy Establish an energy management policy
Energy Benchmark energy use
Water Establish a water management policy
Water Benchmark water use
Health Establish an IAQ management plan
Health Conduct an IAQ walk-through
Recycling Assess your recycling practices and options
Recycling Conduct a waste and recycling container audit
Purchasing Establish a sustainable purchasing policy
Purchasing Assess your purchasing practices and options

Options for cach category

  • Earn a minimum of 2 points in each category
  • Accumulate at least 62 total points by completing the activities of your choice
  • Download the retail properties checklist to track the points you earn

Click on each category to view your options.

  • Energy
    • Commit to ongoing training on energy management for maintenance team
    • Hold periodic property manager-maintenance supervisor meetings to discuss energy management and property financials
    • Conduct a walk-through to detect malfunctioning equipment and opportunities for improvement
    • Provide information to tenants on energy management
    • Recommend ENERGY STAR equipment for tenant build-outs
    • Provide green transportation options for guests and tenants
    • Reduce energy consumption by 5% over baseline
    • Conduct an energy meter inventory
    • Determine if onsite renewable energy installations are feasible for the property
    • Reduce energy consumption by 10% over baseline
    • Reduce energy consumption by 15% over baseline
    • Implement at least one green or energy-aligned lease
    • Install energy-efficient lighting in the parking lot
    • Install a cool roof on at least 15% of the entire roof surface area
  • Water
    • Commit to ongoing training on water management for maintenance team
    • Check for water leaks
    • Provide information to residents on water management
    • Establish a plan for improving water efficiency in landscaping
    • Install high-efficiency fixtures in areas under management control and recommend high-efficiency fixtures for tenant build-outs
    • Conduct an inventory of water meters
    • Reduce water consumption by 5% over baseline
    • Reduce water consumption by 10% over baseline
    • Replace 25% of existing planted area with native vegetation/xeriscaping in areas under management control
    • Install a water reuse system
  • Health
    • Establish a green construction policy for renovations and tenant build-outs
    • Conduct a health and safety check on the property
    • Provide filtered water for shopping center guests in common areas
    • Recommend healthy, low emitting materials for tenant build outs
    • Recommend healthy lighting for tenant build-outs
    • Establish a smoke-free policy for the entire property
    • Use healthy, low emitting materials in areas under management control
    • Employ green cleaning services for areas under management control
    • Provide wellness-inspired amenities for shopping center guests
  • Recycling
    • Install recycling signage throughout the property
    • Provide information on recycling program to tenants
    • Establish a construction waste management plan for renovations and tenant build-outs
    • Establish a policy for recycling e-waste, batteries, light bulbs, and bulk items
    • Set diversion rate goals for the property
    • Achieve a minimum diversion rate of 20% for the property
    • Hold regular recycling and/or donation drives for tenants and guests
    • Establish recycling services
    • Achieve a minimum diversion rate of 25%
    • Achieve a minimum diversion rate of 30%
    • Establish additional recycling services
  • Purchasing
    • Use green-certified products in common areas
    • Use sustainable products for copier operations
    • Use reusable or compostable kitchen products (cups, forks, etc.) for management operations
    • Purchase green power, carbon offsets, or renewable energy credits for areas under management control
    • Work with vendors to decrease packaging materials for management orders
    • Include sustainability clauses in vendor contracts

Additional resources

Here you can find additional resources to help you finish applying for the Certified Sustainable Property certification.

CSP diversion rate calculator

This diversion rate calculator allows you to obtain an estimate of a property's diversion rate - the amount of waste material produced in property operations that is diverted from the landfill through recycling and other waste management strategies.

Download calculator

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