Benefits
of Green Building
USGBC Green Building Research
and Publications
USD and
CoStar Release First
Comprehensive Nationwide
Analysis on the Financial
Benefits of Green Office
Buildings
The research
findings revealed:
1) Green
buildings have higher occupancy
rates and lower operating
expenses than non-green
buildings.
2) Green
buildings observed higher rental
rates by almost $2 dollar per
square foot per year net in the
second quarter of 2007 and $2.65
higher in the third quarter of
2007.
3) Green buildings command sales
prices of 30 percent more on
average when compared with other
buildings, specifically, $352
per square foot vs. $270 per
square foot for last year's
transactions. This far exceeds
even pessimistic incremental
cost estimates to achieve Energy
Star or LEED certification.
The research also concludes that
new office buildings that are
not trying to achieve
substantial energy savings and
improved environments for
occupants are likely to become
obsolete much quicker than their
green counterparts. Less than 1
percent of all buildings are
currently green, although the
numbers are rapidly increasing.
Click here for more information.
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with information on LEED® certification process on new and
existing buildings and homes,
green building and green
remodeling projects.
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