We have spoken extensively about LEED on this blog over the course of the last year, but this new class action suit may change things quite a bit. According to Building Green, the suit was filed on behalf of mechanical systems designer Henry Gifford, owner of Gifford Fuel Saving. Among other allegations, the suit argues [...]
CoStar Vice President of Analytics Norm Miller found that LEED-certified office buildings command a $2.05 per square foot rental premium over all office buildings (multi-tenant, built since 1995.) What about in this economy? Prior to the recession, LEED-certified buildings enjoyed noticeably faster lease-up times and lower vacancy rates in addition to commanding higher rental premiums [...]
According to Chris Pyke, the USGBC’s VP of Research, the LEED market has moved towards existing buildings. USGBC’s certifications for LEED for Existing Buildings (LEED-EB) jumped sharply from less than 15% of all certifications in early 2008 to more than 35% in second-quarter 2010. At the same time, the proportion of LEED for New Construction [...]
We told you this was coming, H-towners. The city of Houston announced a new initiative called the Green Office Challenge with the goal of getting property owners and managers across the city to reduce their energy consumption, water use and waste, as well as encourage more office tenants to do things like recycle, car pool [...]
Green Squared VP Business Development, Phil Stringer and President, Bobby Bragg, attended the CATEE (Clean Air Through Energy Efficiency) 2010 conference last week in Austin, Texas. Here are some notes from the conference: The conference was opened by Austin Mayor Lee Leffingwell, C. Donald Babers, Regional Administrator for Region VI, U.S. HUD and Texas Public [...]
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