25 Jan '12, 11pm

In Oregon Lease Renewal, New York-Based Tenant Negotiates Green Building Upgrades: Welch Allyn, a Skaneateles,

In Oregon Lease Renewal, New York-Based Tenant Negotiates Green Building Upgrades: Welch Allyn, a Skaneateles,

Welch Allyn, a Skaneateles, New York-based manufacturer and distributor of medical supplies, purchased Protocol Systems in 2000. Since then, it’s leased 100,000 square feet of space in Beaverton, Oregon from PS Business Parks , which owns over 27 million square feet of office and industrial space across the country. In 2009, when its lease came up for renewal, the company was able to capitalize on the soft commercial real estate market by negotiating nearly $1 million in base building upgrades that should result in – at the very least – a Silver rating from USGBC under the LEED for Existing Buildings: Operations and Maintenance rating system. “It was the worst business climate possible (in 2009), so building owners everywhere had to be as receptive to the terms in a long-term lease as they would ever be,” Peter Murray, vice president of operations at Welch Allyn and site e...

Full article: http://www.greenbuildingsnyc.com/2012/01/25/in-oregon-lea...

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