Green Lease Leaders: Using the Lease to Galvanize Landlord-Tenant Engagement and Higher Performing Buildings
Type: Case Study
Categories: Commercial, Energy Efficiency
Date Published: 1/16/2019
Source: Institute for Market Transformation, Better Buildings Alliance
Primary Topic: Energy Efficiency
The Institute for Market Transformation (IMT) and the U.S. Department of Energy’s (DOE) Better Buildings Alliance’ Green Lease Leaders presents part three in their series of case studies showcasing exciting green lease trends. This report looks at Green Lease Leader designees that have successfully implemented effective tenant engagement strategies into their green leases and overall operations, including Commonwealth Partners, Forest City Realty Trust, JBG SMITH Properties, Kimco Realty Corporation, and Prologis.
Commercial buildings account for approximately 20% of energy use in the U.S., with leased spaces representing 50% of consumption. Green leases, also known as high-performance or energy-aligned leases, break down pervasive barriers in the commercial, industrial, and retail sector by equitably aligning the costs and benefits of energy and other sustainability investments of building owners and tenants so they can work together to save money, conserve resources, and ensure smarter, more efficient operation of buildings.
Download the report to discover best practices that every real estate or sustainability practitioner should consider when leasing property:
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