Energy Efficiency in Commercial Buildings Lends Edge in Sacramento
April 6th, 2010 by Kevin SkurskiWe were pleased to see Portland energy efficiency company Brightworks get some ink in a recent Sacramento Bee story, which quoted LEED consultant Chris Mullins, on the tenant-magnetizing potential of Energy Star and LEED certification for commercial buildings: “If you have to pay $96,000 to get certified to get a tenant,” Mullins said, “that’s the best $96,000 an owner ever spent.”
Local Sacramento developer Mark Friedman (whose firm built 2600 Capitol building, pictured) was quoted as saying “It may cost a little more to build up front, but it costs less over the long term.”
Now that’s what we’re talking about.
(But wait a second, it doesn’t have to take 96k to reduce energy costs and increase occupancy. To be clear, Mullins is talking about new construction, whereas AirAdvice’s BuildingAdvice product is designed to identify energy savings opportunities in existing buildings. But the energy saving solutions that come from a BuildingAdvice Energy Assessment may not cost you a dime to implement.)
The Bee went on to report that building owners who have obtained Energy Star or LEED status say it can make the difference in a close call with prospective tenants, particularly younger workers, who want to know their building is eco-friendly.
Citing a particular Sacramento market where Class A office buildings had a 40% vacancy rate in the latter part of 2009 – astonishingly high for the top rating of office space – any edge in a building’s attractiveness can make a huge difference.
(Image courtesy of Fulcrum Property)
