Tenant

Lessons Learned from a Returning Green Lease Leader and a New Green Lease Leader

Where do you start with green leasing and how do you ensure that your leases continue to be an impactful tool over time? In this case study, we hear from Lori Hipwell about landlord Pure Industrial’s lessons learned as a new 2023 Green Lease Leader and from Ame Igharo about Ulta Beauty’s continued green leasing […]

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Mitigating Real Estate Risks through Efficiency: Partnership

This blog was originally posted on IMT’s website. Lease agreements can make or break the ability to improve energy efficiency and lower real estate risks. This guest blog post comes from IMT’s partner PropertyWorks, which manages leases for more than 20,000 real estate properties, including multi-unit tenants and franchises, across the US and Canada. The

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IBM and Lendlease Leverage Green Leasing as Tenants to Achieve Net-Zero

In the following case study, the Institute for Market Transformation (IMT) and the Department of Energy’s (DOE) Better Buildings Alliance highlight IBM and Lendlease, who were recognized for their green leasing as tenants. Both companies excel at prioritizing sustainability commitments when negotiating with landlords. IBM’s approach is anchored on integrating environmental considerations into its site

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Green Leasing in DC

Washington, DC’s leadership has committed to reducing greenhouse gas emissions 50% by 2032. To reach this goal, the District requires that building owners report energy and water consumption annually through a benchmarking program. It also requires large buildings to meet energy efficiency standards as part of the Building Energy Performance Standards law. The Building Innovation

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Retail RTU Green Lease Language

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

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Green Leasing Info Sheet

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

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Overcoming Seven Key Landlord-Tenant Hurdles to Make Ambitious Carbon Reductions a Reality

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

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Green Lease Leaders