Staying Lean and Green

With rising demands for sustainable space, successful operators answer the call to save resources.

Article Tools

Latest News

More Latest News

What's the difference? LEED EB measures performance rather than hardware and materials. While LEED for new construction examines how much construction waste is diverted from landfills, the existing buildings program looks at how much trash generated by a building's occupants can be eliminated or recycled.

A property owner can apply to the U.S. Green Building Council annually for recertification in LEED for existing buildings as a way to demonstrate that an asset is indeed still green and not simply resting on its laurels of an earlier certification. While annual recertification is optional, LEED EB expires after five years, so that reapplying becomes a must for properties that want to keep the certification.

Maintaining synchronicity

Conservation measures that constitute green building vary widely. A rigorous water conservation program may be the hallmark of a sustainable building in Florida, where water systems are stretched thin. Air quality may take precedence for buildings in smog-challenged Los Angeles, while energy efficiency is paramount at a building in San Jose.

Regardless of the specific resources being conserved at a given property, what really makes a building green is efficiency, says attorney Estrellita Sibila. A property manager is ultimately responsible for ensuring the building's various systems are operating at peak performance, says Sibila, who specializes in green-building practices at Miami law firm Weiss Serota Helfman Pastoriza Cole & Boniske.

“A green building is designed so that all the different components work together in an optimized fashion,” she says. “If the property management company doesn't understand how all that works together, there could be failures.”

Consider an HVAC system engineered to perform in an office building with shaded windows and a lighting system designed to produce as little heat as possible. Problems can arise if a tenant replaces the lights with fixtures that give off more heat, or a property manager replaces storm-damaged windows with conventional materials that don't insulate as well as those the building was designed to use. Either way, the air conditioning would be forced to operate longer to compensate for the additional heat and fall short of the owner's power conservation goals.

The ability to monitor a building's performance over time gives property managers an important tool for improving green practices, according to Skopek of Jones Lang LaSalle. Skopek was the CEO of ECD Energy, which Jones Lang LaSalle acquired earlier this year. ECD Energy developed the technology underlying the Green Globes environmental rating system, which measures a building's sustainable features and operations.

Using the Green Globes checklist, a property manager can benchmark a property for comparison with others in a portfolio or monitor its performance over time. The online tool also provides a report complete with hyperlinks to additional information that explains the processes covered in the checklist.

The technology of green building may be new, but the responsibility for ensuring building performance is long familiar to property managers.

“Our value has increased absolutely and significantly, and will continue to do so because we will be the green experts,” says Abel of BECO Management. “It's going to be the property managers who have to keep the operating expenses down and meet the demands that society is requiring.”

Matt Hudgins is an Austin-based writer.

LEED EB TO MUSHROOM

Property owners who value a LEED label for marketing purposes may seek recertification to demonstrate their ongoing green status. Regardless of previous LEED certifications, all properties seeking recertification fall into the existing buildings category, LEED EB.

New Construction Commercial Interiors Existing Buildings Core & Shell Neighborhood Development Schools Retail Total
Projects pursuing LEED 8,288 1,497 1,928 1,848 305 436 88 14,390
LEED Certified Projects 1,240 309 98 96 0 0 10 1,753

Source: U.S. Green Building Council

See also: Low-cost fixes can yield big savings


Acceptable Use Policy
blog comments powered by Disqus

Photo Galleries

Hudson Yards Development

http://nreionline.com/photo_gallery/hudson_yardsCheck out images for Coach's new global headquarters, which will anchor the initial tower of the Eastern Rail Yards site within the 26-acre mixed-use Hudson Yards Development on Manhattan's far West Side.

Outstanding Women in Commercial Real Estate

From housing low-income families in Southern California to closing some of Manhattan's largest office leases, women leaders are using commercial real estate as a platform to reshape communities while they drive investor returns.

Click here to view more photo galleries.

Videos

2012 MBA CREF/Multifamily Housing Convention & Expo Video Blogs

http://nreionline.com/video/mba2012_thumbnail.jpgCheck out the Vlogs from the 2012 MBA CREF/Multifamily Housing Convention & Expo from JLL...

 

Click here to view more videos.


Blogs


Traffic Court

BlackSwan

http://nreionline.com/nrei-300x125-house-091211-resourcebook-jpg.jpg

This Week's Most Popular

Current Issue

NREI Newsletters

Join the Conversation