The Institute for Market Transformation (IMT) announced the 2025 Green Lease Leader winners.
The Green Lease Leaders set standards for what constitutes a green lease, while recognizing landlords, tenants and teams who modernize their leases to spur collaborative action on energy and water efficiency, cost-savings, air quality improvement, and sustainability in buildings.
The 2025 awardees include 49 companies that cover over 1.5 billion square feet, including 24 organizations receiving Green Lease Leaders recognition for the first time.
“This year’s class of Green Lease Leaders represents growing international interest in energy-efficient leases, expanding use of green leases to new property types, and using the lease to reduce risk,” says Diana Lee, Associate Director of Business Engagement, who leads the Green Lease Leaders program, in a statement.
Green Lease Leaders consist of a diverse range of buildings from large and small commercial offices to healthcare and industrial and multifamily buildings. The cumulative floor area of all Green Lease Leaders is now more than 9 billion square feet of building space.
IMT estimates that green leases can help reduce utility bills by an average of 17% in U.S. office buildings. If all leased office buildings executed green leases, the market could reap over $3 billion in annual cost savings.
The 2025 Platinum Recognition – Landlord winners are Brandywine Realty Trust, BXP, Inc., Crombie REIT, Harvard University Housing & Real Estate, Healthpeak Properties, Inc. and Regency Centers.
The Platinum Recognition – Tenant winners are Colliers China and Mastercard.
The Platinum Recognition – Team winners are Crowe Soberman, Lennard Commercial Realty and RioCan REIT.
The Gold Recognition – Landlord winners are Acadia Realty Trust, Agree Realty, Canadian Urban Limited, DRA Advisors LLC, GID Investment Advisers, Hudson Pacific Properties, Intercontinental Real Estate Corporation, Kite Realty Group, LBA Properties | LBA Logistics, Mapletree Investments: U.S. Commercial, Office Properties Income Trust, Phillips Edison & Company, Primaris REIT, Realty Income Corporation, Rockhill Management, Sabey Data Centers, Stockbridge Capital Group, TA Realty, Macerich, Tishman Speyer, Triovest Realty Advisors and Varia US Properties AG.
The Gold Recognition – Tenant winners are Arrow Electronics, Haleon plc and Ulta Beauty.
The Gold Recognition – Team winners are INVADER LANDS LIMITED and Marina Pez Vela.
The Silver Recognition – Landlord winners are Broadstone Net Lease, Mapletree Industrial Trust N.A. Data Center, Piedmont Office Realty Trust, Primestor Development, Related Companies and Sage Realty Corporation.
The Silver Recognition – Tenant winners are T-Mobile, Arcadis and Securitas.
For more than 25 years, IMT has partnered with government, business and philanthropy to focus on solutions that catalyze greater investment in high performing, energy-efficient buildings. IMT offers hands-on technical assistance and market research, alongside expertise in policy and program development and deployment and promotion of best practices and knowledge exchange.