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Commercial Real Estate 2017-02-09T19:10:17+00:00

ONLY WAY TO GO IS UP

 Energy-efficiency improvements increase net operating income and asset value, this gives office building owners and managers a financial incentive to better manage energy consumption.

ENERGY USE

Office buildings waste up to one-third of the energy they consume

Commercial real estate is any multi-family residential, office, industrial, or retail property that can be bought or sold in a real estate market. Energy use is the single largest operating expense in commercial office buildings, representing approximately one-third of typical operating budgets and accounting for almost 20 percent of the nation’s annual greenhouse gas emissions. By becoming more energy efficient, commercial real estate (CRE) organizations can reduce operating expenses, increase property asset value, and enhance the comfort of their tenants. They can also demonstrate their commitment to the environment by reducing pollution and the harmful greenhouse gas emissions that contribute to global warming.

ENERGY STAR calculates that a 10 percent decrease in energy use could lead to a 1.5 percent increase in net – Motivational campaigns operating income (NOI) — with even more impressive figures as the energy savings grow. In light of the current compression of capitalization (“cap”) rates, it is possible to turn pennies into millions.

As an ENERGY STAR partner we offer:

  • Guides and manuals

  • Facility benchmarking

  • Training

  • Institutional purchasing

  • Emissions reporting

  • Third-party recognition