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Announcing the 2017 Green Lease Leaders
IMT and the U.S. Department of Energy's (DOE) Better Buildings Alliance announced the 2017 Green Lease Leaders at the Better Buildings Summit in Washington, DC.
Eleven innovative companies and a groundbreaking state government were recognized for adding energy and water-saving clauses to their leases that will drive higher performance in their commercial, retail, and industrial buildings. This year's recognized portfolios cover nearly 200 million square feet of floor space in North America, bringing the cumulative floor area of all Green Lease Leaders to over 1.3 billion square feet.
New this year, IMT and the Better Buildings Alliance recognized California for becoming the first state to make green leasing a statewide policy for government-leased buildings. In addition, Rocky Mountain Institute received the award for signing the first net-zero lease for a multi-tenant development of its size, and the real estate investment trust Welltower became the first Green Lease Leader to work in the healthcare sector.
IMT estimates that green leases can reduce utility bills by up to $0.51 per square foot (11-22 percent) in U.S. office buildings alone. Download the full report on the potential of green leases here.
Congrats to our winners:
- Boston Properties
- California Department of General Services
- Principal Real Estate Investors
- Rocky Mountain Institute
- Washington REIT
- Welltower
- TD Bank, with CBRE, Crown Realty Partners, and OPTrust
- Tower Companies, with NIKA
Click here for more about the ongoing Green Lease Leaders initiative.
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