Mortenson Properties saves $195,000 per year in energy costs at its 280,000 sq ft headquarters campus

In March 2024, Mortenson Properties — the real estate investment arm of Mortenson — partnered with Enertiv to accelerate sustainability and energy efficiency across its Minneapolis headquarters campus. The initiative builds on Mortenson’s long-standing leadership in renewable energy and reflects the company’s commitment to applying the same rigor within its own portfolio.

As one of the nation’s leading builders and developers of renewable energy, Mortenson has designed its headquarters to be a model of what’s possible. Their Minnesota campus demonstrates how a pragmatic, investment-grade approach to sustainability can generate measurable value for people, the planet, the community, and the business.

The Challenge

Mortenson Properties needed a more advanced utility capture process to satisfy investor reporting requirements and comply with evolving building performance standards. However, the team wanted a solution that did more than collect and report data, they wanted insights that would create real operational and financial impact.

After evaluating several options, Mortenson Properties chose Enertiv. To validate scalability, the team piloted our platform across three corporate office buildings supporting nearly 1,000 team members. Success at the flagship campus would determine whether the solution would be deployed across their broader industrial, office, and life science portfolio.

Broader Impact

The pilot demonstrated that Enertiv doesn’t just collect building data—it converts it into action, efficiency, and bottom-line results. For Mortenson Properties, the financial return and sustainability impact validated the business case for smart building technology:

• Increased NOI
• Lower carbon footprint
• Higher asset value
• Stronger compliance posture

Based on the pilot’s success, Mortenson Properties is now preparing to scale Enertiv across its national real estate portfolio. Next, the company will deploy Enertiv’s Energy & ESG platform with shadow metering add-on within its industrial triple-net assets to automate utility capture across electricity, gas, water, and waste, streamlining sustainability reporting while identifying tenant-level efficiency opportunities.

A Model for What’s Possible

Mortenson set out to prove that sustainability can be financially strategic, operationally practical, and environmentally meaningful. The results speak for themselves: $195,000 in energy savings and a blueprint for scalable, data-driven efficiency across an entire portfolio.