SBA Home › News & Events

› News Release

Title

Big Green Buildings

Message

New Energy News-- Iconic skyscrapers find new luster by going green by Chris Kahn, July 4, 2009 (AP)

SUMMARY
Increasingly, buildings that show “green” credentials are more successful in an ever more competitive commercial real estate marketplace. Owners and tenants are discovering that money spent for efficiency retrofits saves on power and water and attracts customers and tenants without compromising aesthetics.

As a consequence, specialists who combine renovation and retrofits around the U.S. are busy insulating porous walls in grand old buildings, adding high tech water-efficient plumbing systems to classic architecture and using energy-saving recycled material in carpets and tile flooring with unique period designs.

... Does Green Pay Off?, a CoStar Group study by Norm Miller, Jay Spivey and Andy Florance, shows clearly that energy efficient and LEED-certified buildings have higher occupancies, get more rent, lease better and sell better (after controlling for age, size and location). (Full Story)
ContactJeryldine Tully | jtully@sandiego.edu | (619) 260-4786
Web Addresshttp://newenergynews.blogspot.com/2009/07/big-green-buildings.html