Fighting Obsolescence

Energy performance is emerging as a key benchmark in how commercial real estate buildings are judged — and priced — in today’s market. In fact, a growing number of institutional investors and corporate clients are not only urging, but also requiring, that green design be included in the commercial real estate properties they buy or lease.

Although “green” is a loosely used term to define all things environmentally friendly, the commercial real estate industry is increasingly turning to standards such as the Environmental Protection Agency’s Energy Star program and the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) certification to define the level of sustainable practices and products that have been put in place.

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