What can a green lease do for tenants? According to Meaghan Farrell, vice president and LEED Green Associate with Jones Lang LaSalle in Chicago, the benefits are tenfold, and more.
Implementing a green lease strategy is not overwhelming, but it must be undertaken through a careful process to assure maximum effectiveness, sustainable success and savings. Three important initial steps are:
1. Complete an in-depth green lease site assessment on a representative sampling of sites to identify improvement opportunities.
2. Develop benchmarked green site selection criteria and RFP language to be used consistently in acquiring new leaseholds, and renewing/renegotiating existing ones.
3. Train your staff to understand and use best-in-class green leasing tools.
To maximize your results, consider engaging a trusted independent advisor with expertise in both leased commercial real estate and implementing cost-saving sustainability across a large organization. Not only will their expertise increase your green leasing success, but your organization will be freer to focus on its core strengths and business goals.