LEED buildings net higher rents.(ecotalk)(Brief article)

Two recently released studies revealed third-party certified buildings outperform their conventional counterparts on areas like energy savings, occupancy rates, sale price and rental rates. One study, conducted by CoStar, revealed that LEED buildings command rent premiums of $11.24 per square foot over non-LEED structures and have a 3.8 percent higher occupancy. Rental rates in Energy Star buildings also represent a $2.38 per square foot premium over comparable non-Energy Star buildings and have 3.6 percent higher occupancy. The other study, conducted by the New Buildings Institute (NBI), indicated that new buildings certified by the U.S. Green Buildings Council's (USGBC) LEED, perform an average of 25-30 percent better than non-LEED certified buildings in terms of energy use. The study also reported that Gold and Platinum LEED certified buildings have an average energy savings approaching 50 percent.

Print Get the Mag Weekly Updates