As IMT Associate Director Audi Banny has made clear—and many in real estate are now painfully aware of—leases are critical to reducing building energy use. Traditional leases are not flexible in times of crisis, and often have clauses requiring buildings to meet criteria for heat or cooling that only make sense if a building is occupied. […]
Bringing Green Leases to Multifamily Buildings Read More »
What is the business case for energy efficiency in buildings? Earlier this year, the City Energy Project—a joint initiative of IMT and the Natural Resources Defense Council—sought to tackle this question by interviewing executives at three leading real estate companies. In synthesizing their feedback in a recently released report, CEP aimed to identify commonalities that
Building the Case for Efficiency in Buildings: Tools You Can Use Read More »
Real estate in the U.S. and around the world is experiencing an astronomical disruption that will reshape the future of buildings, how they are built, operated and occupied for the foreseeable future. As 2020 comes to a close, there is still robust debate about how to revive and potentially re-imagine commercial real estate, but in
All Roads Lead to Green Leasing Read More »
To demonstrate the extensive impact of green leasing and programs that support its adoption, IMT, the Department of Energy (DOE), and RE Tech Advisors collaborated to develop a paper for the ACEEE Summer Study: New Leasing Languages: How Leasing Programs can Overcome the Split Incentive. The paper explores the impact of green leasing programs, tenant engagement,
Green Leasing by the Numbers Read More »
Local governments have a critical role to play in reducing greenhouse gases, particularly those related to emissions from buildings. While much of their impact is tied to policy, local governments also play an influential role as landlords and tenants. In that capacity, an increasing number of localities are leveraging green leases to address sustainability goals while lowering
Behind-the-Scenes: Why Fort Collins Adopted Green Leases Read More »
On January 21, Starbucks made waves in announcing its intention to become resource positive. As a major retailer across the country, this will inevitably mean tackling performance in a wide range of leased retail space. So where should the java giant focus? Its first stop should be to communicate these goals and forge collaborative relationships with
Public real estate investment trusts (REITs) have a major impact on the cities and communities where we live and work. Their footprint is vast, with more than 520,000 owned properties and $3 trillion in combined real estate assets that collectively support 2.3 million jobs. The prevalence of REITs in the U.S. means it’s important for
Nareit’s Leader in the Light Awards Show Innovative REITs Stepping Up On Climate Action Read More »
The 2019 cohort of Green Lease Leaders span more than 500 million square feet of space and multiple property types, including industrial warehouses and data centers. In many ways, typical lease transactions in these energy-intensive industrial properties create unique hurdles to owners and tenants investing in greater efficiency and sustainability. In this case study series, Green Lease Leaders:
Research from Carnegie Mellon University reveals some of the biggest roadblocks preventing class B and C building owners from investing in energy efficiency. Here’s a look at the top three challenges and what cities should consider as they aim to reduce building emissions, revitalize infrastructure, and help owners take action. Class B and C buildings are
How Can Cities Help Class B and C Building Owners Optimize Their Energy Performance? Read More »
Tenant satisfaction and employee retention help make a strong case for investing in a health and wellness strategy that aligns with energy efficiency and sustainability goals for commercial & retail properties. A couple years ago I was a long-time resident of New York City. Like many commuters, I chose to ride my bike six miles
Why Every Building Owner and Tenant Needs a Health and Wellness Strategy Read More »
