COMMERCIAL REAL ESTATE
Beatty Management Group
Regional developer prioritizes data consolidation and sees immediate payback
InSite’s team of skilled analysts and Professional Engineers continuously monitor multiple data streams for Beatty, providing actionable insights focused on decarbonization, comfort optimization and improving indoor air quality. In collaboration with Beatty’s network of service vendors, InSite executes concurrent energy conservation strategies and ensures accurate measurement and verification of the results.
The Challenge
In 2023, Beatty Management Group (BMG) engaged in a strategic collaboration with InSite aiming to optimize the operational efficiency of two prominent properties within their portfolio: Wills Wharf and Thames Street Wharf at Harbor Point in Baltimore, Maryland.
Central to this initiative was the commitment to furnishing occupants and visitors alike with environments characterized by health, sustainability and premium quality. The overarching objective was to reduce energy consumption without compromising the esteemed standards of tenant comfort and operational efficiency synonymous with BMG’s prestigious properties.
Industry
Use Cases
Continuous Commissioning
InSite Solutions
InSite Optimize
Results
In addition to and ROI of 1.5x in just the first year, InSite and BMG achieved cost savings, avoided GHG emissions and established a program for continuous optimization through energy conservation measure tracking and implementation.
Identified
Energy conservation measures
Reduction
Energy spend in a single year
Tons
CO2 emissions avoided
The InSite Solution
By leveraging InSite’s advanced technology platform alongside their managed services, BMG aims to reduce risk by strategically using data from existing building systems. This approach not only enhances asset performance but also strengthens the balance sheet, speeding up capital returns.
Over the course of a year-long collaboration, InSite has worked closely with BMG, managing the deployment of data acquisition devices and other technological solutions. This effort has connected over 450 building automation and utility points with all data seamlessly integrated into InSite’s comprehensive platform.
The data consolidation achieved through this project has given BMG’s facilities and real estate teams at both Wills Wharf and Thames Street Wharf real-time insights into energy usage and building system performance. InSite’s managed services play a crucial role, acting as the central hub for data from BMG’s building automation systems, utilities and CMMS (Computerized Maintenance Management Systems).
InSite’s team of skilled analysts and Professional Engineers continuously monitor these data streams, providing actionable insights focused on decarbonization, comfort optimization and improving indoor air quality. In collaboration with Beatty’s network of service vendors, InSite executes these strategies and ensures accurate measurement and verification of the results.
Turn your Data into Actionable Intelligence Today
The proven process has delivered commercial real estate companies between 15 and 20% reduction in operating expenses and 2-3x returns on their service investment in just the first year, with equal or better savings as the work marches on.
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