Owners hope building's green features attract tenants
Two years ago, the owners of the Boland Building in Grand Rapids, Mich., began a green renovation as part of an effort to attract more tenants and boost rents. Today, the building has just one tenant and still has not received LEED certification. At this point, executives say weakness in the commercial real estate market makes it unclear if the building's green status will command a rent premium in the near future. Separately, recent research suggests that focusing on energy efficiency offers the biggest payback in green construction.
Environmental Leader | 10/27
This story published in ASCE SmartBrief on 11/06/2009
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