IMT and the U.S Department of Energy’s Better Buildings have developed this resource guide on rooftop unit (RTU) best practices for retail leases. This document provides lease clauses to facilitate RTU efficiency in retail leases for both retail tenants and commercial real estate landlords. This document recommends insertion of clause language into standard commercial leases […]
Retail RTU Green Lease Language Read More »
Green leasing (also known as energy-aligned, high-performance, or energy-efficient leasing) aligns the financial and environmental goals of landlords and tenants to work together to save money, conserve resources, and ensure the efficient operation of buildings. This resource, created by the Institute for Market Transformation, is an information sheet that outlines the barriers, eligibility requirements and
Green Leasing Info Sheet Read More »
New York City’s Local Law 97 (LL97) is one of the most ambitious U.S. carbon reduction policies for buildings and one of the first laws in the country to require significant whole-building reductions of carbon emissions. Despite this ambitious policy, the reality is that tenants control up to 70% of energy use in buildings. Therefore, achieving New
With a green, high-performance lease, landlords and tenants can better work together to save billions of dollars and lock in more efficient, sustainable, and smarter building operations. Since its inception in 2014, IMT and the U.S. Department of Energy’s (DOE) Better Buildings Alliance‘ Green Lease Leaders recognition program has grown to include firms that represent more than 2 billion
How Industrial Building Owners Use the Lease to Optimize Sustainable Business Practices Read More »
In 2019, coworking spaces dominated leasing activity and encompassed more than 521 million square feet of commercial space globally. For coworking operators to remain competitive in this sector, they must be responsive to corporate standards, and perhaps even broader appeal is needed to captivate the thousands of smaller businesses and professionals who are able to
Using the Lease to Create More Sustainable Coworking Spaces Read More »
A major obstacle to energy-efficient, high-performing buildings is the split incentive between landlord and tenant. IMT and the Department of Energy’s Better Building Alliance created the Green Lease Leaders award to highlight companies using green leases to drive efficiency and stronger tenant-landlord relationships. Among the 2020 Green Lease Leader winners are two companies that have
Advancing from Silver to Gold Read More »
A major obstacle to energy-efficient, high-performing buildings is the split incentive between landlord and tenant. IMT and the Department of Energy’s Better Building Alliance created the Green Lease Leaders award to highlight companies using green leases to drive efficiency and stronger tenant-landlord relationships. Latham & Watkins is one of the world’s largest real estate firms,
Law Firm Leverages Green Leases for Global Impact Read More »
In the following case study, IMT and DOE’s Better Buildings Alliance highlight one of the 2020 Green Lease Leaders that has received the Gold designation for implementing effective strategies in their leasing practices and overall building operations. This year’s class covers multiple sectors and consists of the largest cohort of tenants since the program’s inception,
Leveraging Sustainability in Tenant-Controlled Healthcare Buildings Read More »
The Better Buildings Alliance released a case study on Link Logistics (Link). Link, founded in 2019, owns a national portfolio of advanced logistics spaces such as warehouses and distribution centers. In 2021, Link pledged 100% renewable energy by 2024 and net zero carbon emissions by 2025 for its own operations. To reconcile these limits with
Better Buildings Alliance: Link Logistics Industrial Solar PV Read More »
Green Lease Leader’s Commercial Real Estate Firm Takes Green Leasing to a Global Scale is part of a series of case studies showcasing exciting green lease trends and best practices. This case study from the 2021 Green Lease Leaders program explores the ways that green leasing is expanding internationally as well as in the United
Commercial Real Estate Firm Takes Green Leasing to a Global Scale Read More »
