Those that physically occupy commercial space have a vested interest in the benefits of green building improvements. Lower energy bills, increased productivity, higher employee satisfaction levels as well as enhanced corporate responsibility in the community top the 'want' lists of many corporate end-users. However, tenants often don’t have or don’t wish to spend a lot of money for their office build-out.
This can be short-sighted, according to Marisa Manley, president of Commercial Tenant Real Estate Representation (CTTR) in New York. "Going green can provide big-time savings - big enough to pay back all of the up-front costs of going green," Manley said. She adds some words of caution though, "Not all that is done or proposed in the name of green pays for itself, so a careful analysis of each segment of each project should be made before doing any work."
Read more...Financing Green Part III: Real World Sustainable Funding for the Tenant or End-User - CoStar Group
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