Why green your office space? From the landlord’s perspective, to increase NOI and occupancy. From the tenant’s perspective, to keep employees productive while managing expenses.Research conducted by the USGBC, McGraw Hill, Costar, and ENERGY STAR suggests that green office buildings:

  • Are less expensive to operate
  • Attract higher-paying tenants
  • Sell for a higher price per square foot
  • Have higher employee productivity

However, office buildings also present some challenges to sustainability initiatives:

  • If tenants pay directly for energy, owners are less likely to make capital improvements
  • Modifications to building systems must be implemented without disrupting tenants
  • Equipment, hours of operation, and other factors can vary widely between tenants

The timing is ideal to take action:

  • Reduce operating expenses
  • Capture time-sensitive incentives
  • Attract and retain tenants

Take Action. Learn more about energy and sustainability and contact us for a no-obligation initial assessment for your properties.

Typical Energy Consumption

  • Energy efficiency measures in office buildings can reduce overall energy costs by 30%1
  • Peak electricity demand charges are typically based on usage levels during late afternoon; overnight usage can be less than 10% of peak levels

1Source: U.S. EPA