The New Wave in Building Sustainability and Efficiency: Green Leases

Green Building

Despite a troubled economy, developers are exploring the opportunity for new Leadership in Energy and Environmental Design (LEED) certified energy efficient buildings. Likewise, many tenants are also bent on reducing their carbon footprints and meeting emerging corporate sustainability requirements demanded by their customers and encouraged by their employees. As a result, many tenants today desire to be in buildings that truly manage their energy, water and resource consumption. The bottom line is this: Building “green” requirements into commercial leases can result in growing dollars in your pocket.

But what are “green” leases? Under one definition, green leases encourage sustainability in the construction, renovation and operation of commercial buildings. Sustainability is best viewed as a journey — a process of continued improvement to achieve higher efficiencies in water and energy usage, as well as recycled materials, waste minimization, healthier indoor air, and ever more efficient transportation options for the tenant’s employees and customers.
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The Greening of Greenberg Glusker’s New Offices

Green Building

The California Climate Action Registry recently recognized Greenberg Glusker for the firm’s extensive commitment to climate change and sustainability. That commitment was on display in the office remodel making it a true green office.

The key elements included recycling and reusing materials from the old design and incorporating them into the remodel of the firm’s new interior spaces. From the metal screws to wood panels to light fixtures, nearly 95 percent of the materials were recycled and reused.

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New Rule Adds New Hurdles to Development

Air Quality

The South Coast Air Quality Management District (SCAQMD) is considering a new rule that would create an unprecedented, additional new hurdle for real estate development in Southern California. In addition to the already cumbersome and protracted local land use permitting process every major development must navigate, the District’s proposed SCAQMD Rule 2301 would impose a new, required approval process that has the potential to constrain the size of new real estate projects and further prolong the project approval process. (Click here to read.)

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Red, White & Green

Green Building

California wineries are joining the increasing number of industries that are instituting sustainable and carbon-friendly methods of operation. To date, although only one winery, located in Napa Valley, has received LEED (Leadership in Energy and Environmental Design) certification from the U.S. Green Building Council , numerous wineries and vineyards are implementing growing, harvesting, fermentation, storage, bottling and shipping practices that reduce pesticide and water use, conserve energy and maximize recycling. These practices include increased use of renewable energy such as solar and biofuels, reduced tillage, increased use of drip irrigation, conversion of harvesting and juice processing activities to nighttime operations, changing lighting from incandescent to fluorescent systems, use of cover for barrel aging rather than warehouses and foam insulation on fermentation and storage tanks. While providing a potential marketing advantage and favorable public perception, these measures also have a direct impact on the facility’s bottom line by decreasing the usage, and associated costs, of water and energy.
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