Green Lease Leaders
When landlords and tenants want to work together to enhance their building’s performance, they often seem to be speaking different languages. There is currently little widely accepted green (also known as energy-aligned, high-performance, or energy-efficient) leasing language, and no simple blueprint for leasing agents tasked with bridging the landlord-tenant divide on sustainability. As a result, many firms interested in green leases face difficulty when it comes to implementation.
The Green Lease Leader recognition program, developed by the Institute for Market Transformation (IMT) and the U.S. Department of Energy’s (DOE) Better Buildings Alliance with support from leading real estate practitioners, is helping push past this barrier by promoting best practices for commercial leases and recognizing firms and brokers that are successfully incorporating green lease language into new or existing leases to save energy in buildings.