What is a “green lease,” and why should I care about it?

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Posted by:
Meaghan Farrell
Strategic Consulting

This question is asked time and again by clients, brokers and other real estate professionals.  The simple answer is that green leases offer substantial benefits (both quantitative and qualitative) to both the clients who implement them and the owners of the buildings they occupy.   The financial value achieved through energy savings alone can be enough reason to implement a green lease.

Green leases come in many shapes and sizes.  Whether in the form of an “MOU” (Memorandum of Understanding) that is attached as a Rider to an existing lease, or as a fully integrated “green” lease, the overarching goal is to incent both the Tenant and the Landlord to make environmentally responsible decisions regarding the leased space.

For more information about how we approach green leases, please call Meaghan Farrell at +1 312 228 2804.

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