By utilizing Energy Star-qualified fluorescent or light emitting diode (LED) lighting, a landlord can reduce energy usage in a commercial space by as much as 75%. Installation of environmentally friendly lighting products results in an obvious and immediate reduction in operating costs, in terms of a smaller monthly utility bill, but over time Landlord also will recognize additional savings due …
Green Buildings and Triple Nets
Green buildings are expensive to construct and, in some respects, can be expensive to maintain. Because green technology benefits tenants in the long haul, in terms of keeping utility and other occupancy costs low, Landlord can argue that some or all of the ongoing cost of maintaining green certification – and perhaps even the initial cost of obtaining that certification …
Why Go Green?
Peas are green, and – increasingly – so are commercial buildings. How can a landlord justify the initial expense of constructing environmentally friendly spaces? Consider these three P’s: Planet: The additional costs associated with building green spaces can be justified on an overall “reduction in carbon footprint” basis. People: Healthier workspaces tend to translate into healthier employees. Profit: Healthier employees, …