Thursday, April 17, 2008

Commerical real estate and the environment

Source: CoStar Group
"A new study by CoStar Group has found that sustainable “green” buildings outperform their non-green peer assets in key areas such as occupancy, sale price and rental rates, sometimes by wide margins. The results indicate a broader demand by property investors and tenants for buildings that have earned either LEED® certification or the Energy Star® label and strengthen the “business case” for green buildings, which proponents have increasingly cast as financially sound investments."