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Greener Pastures for Commercial Real Estate

Concerns have been building about weakness in commercial real estate, but Matthew J. Kotchen of Yale University notes new research that points to a potential bright spot in the sector.

Good news about commercial real estate is in short supply these days, so it may be surprising to hear that going “green” can earn some “green.”

New research shows that green-certified buildings command substantially higher rents and selling prices. Economists Piet Eichholtz, Nils Kok, and John Quigley estimate just how much in a forthcoming paper in the American Economic Review. They consider the federal government’s Energy Star certification and the U.S. Green Building Council’s LEED certification.

Source: http://blogs.wsj.com/environmentalcapital/2009/12/16/greener-pastures-for-commercial-real-estate/

    Lee and Daryl: Thank you so much for all you have done to help MTH. This is a wonderful testament to your dedication and support of our museum. It's particularly fitting that this is up on the Energy Star site in April as we celebrate Twain's centennial. Thank you." Jeffrey L. Nichols Executive Director The Mark Twain House & Museum

 ICF International 

Port of San Diego

San Diego State University

University of California San Diego

Sacramento Municipal Utility District

Oncure Medical Corp

San Diego Gas & Electric (SDG&E)

IBEW-NECA California Labor
Management Cooperation Committee

Travelers Companies

Pacific Gas & Electric (PG&E)

The Connecticut Energy Efficiency Fund

VA San Diego Healthcare System

Mark Twain House & Museum

Long Beach Memorial Hospital

California Center for Sustainable Energy

Jack in The Box

 

 

Town of East Lyme, CT

Hamann Companies

CONVIA (Subsidiary of Herman Miller)

Sharp HealthCare

US Department of Energy

Southern California Gas

Celtic Energy

 

 

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