by Brianna Crandall — August 24, 2015—The Institute for Market Transformation (IMT) and the Council of Smaller Enterprises (COSE) are currently working together in Cleveland, Ohio, to help commercial buildings save money and energy by connecting landlords and tenants around energy efficiency — particularly when it comes to the lease.
As part of this effort, IMT and COSE collaborated with Cleveland marketing studio Kiwi Creative to develop a new infographic that shows the transformation of an average building into a high-performing one through the use of green leasing language.
Green leases have the potential to reduce utility bills by up to $0.51 per square foot and to reduce energy consumption in an office building by 11%-22%.(Click on image to enlarge)
As the infographic indicates, a growing number of commercial real estate companies, tenants and brokers are using the lease as a collaborative blueprint to increase building performance, save money and bolster sustainability. Green leases can reportedly reduce utility bills by up to $0.51 per square foot, and have the potential to reduce energy consumption in an office building by 11 to 22 percent.
The infographic highlights some key examples of energy-saving clauses that are typically included in a green lease, including: regularly commissioning building systems, installing advanced lighting controls and motion sensors, submetering spaces, and training asset and leasing managers about green building benefits.
