28 Jun '14, 8pm

How green is overtaking the commercial property market

In 2010, I analyzed the uptake of “green” certification in the U.S. commercial property market , explaining the differences in diffusion across markets and over time. But during the past four years, much has happened. The economy started to recover (in most places), and construction has picked up again. Also, the appetite for energy efficiency and sustainability in the real estate sector hasn’t abated — Google now gives 344,000,000 hits for a simple search on “green building.” The EPA recently published its ranking of the top 25 cities with the most ENERGY STAR certified buildings , including nearly 7,000 ENERGY STAR-rated buildings, while USGBC has released an annual list of “Top 10 States in Nation for LEED Green Building ” (Illinois is leading). But these rankings are mostly determined by city and state size, rather than reflecting true “greenness” of real estate market...

Full article: http://www.usgbc.org/articles/how-green-overtaking-commer...

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