In contemporary developments, environmental
building has gone from being a ‘nice touch’ to a nearly mandatory
consideration. Today’s consumer culture is passionate about choosing brands and
companies that make eco-conscious choices, which have put the pressure on
professionals to take tangible (and marketable) steps towards going green.
Resultantly, this has fueled a major trend in
the world of commercial real estate. As their clientele demand all things
green, our tenants and investors are hitting the commercial markets with green
building in mind.
With success on the line, CRE pros need to
start incorporating the green building module into their strategies.
Fortunately, there are tons of different ways this can be accomplished - many
of which won’t break the bank.
Let’s take a deeper look at green building and review some tips that will help CRE embrace this lasting trend.
Green
Building Defined
Green buildings place strong importance on
sustainability, waste reduction, and lessening a property’s carbon footprint.
Successful green buildings are given the official stamp of approval by the
Leadership in Energy and Environmental Design (LEED). There are more than
200,000 LEED-certified buildings globally and the trend is only growing.
It’s safe to say that nearly every commercial
sector is taking steps to become more environmentally-friendly. Retail,
multifamily, office, hospitality, and even industrial are all being pushed
towards a greener outlook. This development is having a big impact on the physical
spaces they inhabit.
The commercial industry is shifting its focus
towards an eco-conscious building module. Data analysts anticipate that
commercial property owners around the world will be spending $960 billion in eco-conscious investments by 2023.
However, that’s not to say that all green
upgrades will rack up a big price tag. Here are a few great tips to help you
achieve a building that’s good for both the planet and your bank accounts.
Keep
Your Eyes on These 3 Trends
Apply these 3 environmentally-friendly tips to
your commercial portfolio to seamlessly transition your buildings into a
greener future.
Include
Green-Thinking In Daily Habits
Sometimes, it’s the little things that matter
most.
It doesn’t always take a huge effort to
cultivate a greener building. Instead, property owners can add a few easy-to-do
daily habits to your regular maintenance routine. Get serious about recycling
efforts, install a bike rack for tenants, and educate building users about
cutting back on wasted water.
Green
Leasing
Have you heard of the green leasing trend? If
not, you’re missing out on an eco-friendly practice that’s not only helpful but
also nearly cost-free. When writing the lease document, draft up energy-efficient
reports, create recommended-use directions to reduce waste, and add in green
requirements.
Energy-Efficient
Everything
Whether it’s appliances, tools, or lighting;
green buildings employ eco-efficient products as much as possible. A great way
to get started at a low cost is by replacing the building’s older lights with
LED lighting. LED lighting lets off more light and less heat, meaning less
energy is being wasted.
Wasting less means spending less. Watch
utility bills reduce after applying energy-saving tools throughout the
commercial property.
Stay tuned for more CRE tips and news.
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