Posted by: BayAreaComRE | January 27, 2010

Green Initiative Ground Zero in the Bay Area – C&W leading the way

It’s not a matter of “if” or “when”, the green movement is gaining momentum now, and top corporations and building owners are proactively getting with the times. The moral argument is finally being met with the economic argument.

As energy costs go up, the way to reduce expenses is reducing usage. Building owners can save as much as $100,000 a year by efficiently managing their building’s waste. Landlords can gain back the costs it takes to reach LEED certification after the first year. Additionally, tenants who seek green build-outs pay only 5-12% premiums.

Take a look at the list of Cushman & Wakefield clients who developed Green initiatives to date: UBS, MetLife, JPMorgan, TIAA-CREF, AEGON, Adobe, Salesforce.com, Prudential, Kennedy & Associates, PG&E, Bank of America, CBRE Investors.

There are 250 LEED-EB certified buildings in the US, the marjority of which are in California, and 28 buildings in the Bay Area. Cushman & Wakefield manages over 5 million square feet in the Bay Area with LEED-EB certifictation, which is about 25% of all buildings in this area.

Visit US Green Building Council to see what buildings have reached LEED status and many other recourses for commercial properties. We are excited to be part of the solution in improving the environment and making better business decisions as well.

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