Tuesday, May 6, 2014

Energy Department Recognizes Landlords, Tenants Working Together to Save Energy in Commercial Buildings

BOMA San Francisco Members:

The Energy Department recently honored 14 organizations, naming them as 2014 Green Lease Leaders for their commitment to reducing energy waste and increasing efficiency in commercial buildings. These companies have demonstrated their commitment to energy efficiency, incorporating lease clauses that reinforce energy-efficiency choices, facilitating access to the energy bill data necessary for building benchmarking and encouraging cooperation on environmental initiatives.

Green leases (also known as aligned leases, high performance leases, or energy-efficient leases) align the financial and energy incentives of building owners and tenants, allowing them to work together to save money, conserve resources, and ensure the efficient operation of buildings. These green leases have been applied across nearly every major property type, including offices, retail spaces, and manufacturing sites.

Through the Green Lease Leaders program, the Energy Department’s Better Buildings Alliance works with a wide variety of companies to incorporate green lease language into agreements across their portfolios and provide real-world, replicable leasing examples that can be used by others. The Green Lease Leader designation signifies a company or brokerage team that has successfully implemented green lease language into new or existing leases.

The following companies were recognized:

Brandywine Realty Trust
The Bullitt Foundation
Empire State Realty Trust
Jamestown, L.P.
Kilroy Realty Corporation
Kimco Realty Corporation
Liberty Property Trust
Oxford Properties
PricewaterhouseCoopers, LLP
Regency Centers
Government Properties Income Trust
The Tower Companies
Unico Properties

The Department's Office of Energy Efficiency and Renewable Energy accelerates development and deployment of energy efficiency and renewable energy technologies and market-based solutions that strengthen U.S. energy security, environmental quality, and economic vitality. Find more information on the Better Buildings Alliance and the Green Lease Leaders program.

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