The “green lease” is becoming more popular with building management firms who have committed to sustainability and wish to promote responsible energy and material use within their building portfolios.
Green leases typically require both the landlord and tenant to use energy and resources efficiently, regardless of the cost of energy; this usually results in lower operating costs for both parties. According to LORD Green Real Estate Strategies, a dual-incentive green lease may result in a 20%-40% reduction in energy demand for a commercial green building.
For more information, contact Great Forest to see how green leases can work for you.