CBRE: Seattle #7 in U.S. for Office Building LEED Certification
LEED-certified office buildings command a 4% rent premium over their non-certified peers, according to a new CBRE report, and Seattle is #7 in the country with 41% of office stock LEED certified. Minneapolis led all markets at 53% while the national average was 31%.
“As more companies are looking for tangible improvements in carbon reduction, sustainability has become as important as modern amenities for many occupiers in the region. Larger companies are leading by example with ambitious plans to reduce their carbon footprints, while smaller occupiers are looking for identifiable changes to help them meet their goals for corporate responsibility,” said Tim Owens, CBRE SVP in Seattle.
LEED is a green-building certification program that gauges building’s energy efficiency, carbon reduction, sustainability and other measures. The pandemic has heightened concerns about workplace safety, and companies are now much more conscious about health, wellness and “greenness” at the office.
Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.
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