Download the PDF to view the full sized image of the added value of ENERGY STAR-labeled commercial buildings in the U.S. market.
Dozens of statistical studies have proven that commercial tenants, investors, and consumers are willing to pay a premium to lease or buy energy-efficient properties. Even controlling for other factors (like location and size), research shows that green, efficient commercial buildings are more valuable assets than their peers.
References:
Green Certification and Building Performance: Implications for Tangibles and Intangibles | A. Devine & N. Kok, The Journal of Portfolio Management | 2015
Green Design and the Market for Commercial Office Space | J. Wiley & J. Benefield, College of Charleston and K. Johnson, Forida International University | 2010
Green Noise or Green Value? F. Fuerst & P. McAllister, University of Reading | 2011
How Risky are Sustainable Real Estate Projects? | J. Jackson, Texas A&M University | 2009
Investment Returns from Responsible Property Investments | G. Pivo, University of Arizona and J. Fisher, Indiana University | 2010
Doing Well by Doing Good? Green Office Buildings | P. Eicholtz & N. Kok, Maastricht University and J. Quigley, University of California, Berkeley | 2010
Related Resources:
Chart: Occupancy Premiums of Green Commercial Buildings in the U.S.
Chart: Rental Premiums of Green Commercials Buildings in the U.S.
Chart: Sale Premiums of Green Commercial Buildings in the U.S.
