According to Jones Lang LaSalle’s recent report, The Changing Face of Smart Buildings: The Op-Ex Advantage, there are five key trends driving commercial property owners and investors to adopt smart building technology.
The CoStar Group just released its third quarter list of select Major Office Buildings under Construction and, unsurprisingly, the largest of these are located in markets that have led the economic recovery, including New York, San Francisco, Houston and Dallas.
Research put together by Morningstar Credit Ratings LLC found that there are at least 108 malls around the country where Sears and J.C. Penney both serve as major tenants, and those properties are included in 106 CMBS loans with a combined principal balance of $7.1 billion.
What can a green lease do for tenants? According to Meaghan Farrell, vice president and LEED Green Associate with Jones Lang LaSalle in Chicago, the benefits are tenfold, and more. Implementing a green lease strategy is not overwhelming, but it must be undertaken through a careful process to assure maximum effectiveness, sustainable success and savings.