Sustainability in Commercial Real Estate

Sustainability regarding commercial real estate refers to the responsible use and management of resources, including materials, energy, and water, in the design, construction, and operation of various buildings. Sustainable commercial real estate aims to reduce the impact of buildings on the environment while also providing function, benefit, and satisfaction to the tenants and owners.

Energy savings is one of sustainable commercial real estate’s most significant environmental benefits. Sustainable buildings are designed to use less energy to heat, cool, and illuminate the building. This results in lower energy bills for tenants, increasing tenant satisfaction and retention. Additionally, energy-efficient buildings have higher property values, which can also command higher rental rates on space, increasing the return on investment for building owners and investors.

Originally published at Weebly on 6/13/2023