LBA Realty Leverages Sustainability-as-a-Service Program to Engage Tenants

LBA Realty is a full-service real estate investment and management company whose portfolio covers 90 million square feet of office and industrial properties across the United States.  As a part of their Sustainability Strategy, LBA Realty developed a Sustainability-as-a-Service (SaaS) offering for its tenants. This service offers a menu of Environmental, Social, and Governance (ESG) programs from which tenants can pick and choose. The goal of the Sustainability-as-a-Service menu is to help tenants lower operating costs and improve building health, all while providing building performance data to LBA.

The SaaS program leverages LBA’s existing office sustainability program and customizes it for its industrial tenants. Tenants choose which sustainability services they would like, and LBA puts them in contact with experts that specialize in those ESG services. LBA Realty has had success with these experts while working towards their portfolio-wide ESG goals. Tenants can choose from a wide variety of programs, including:

• Renewable Energy & Clean Technology Program
  
  • Solar Energy
  • LED Lighting
  • Energy Storage
  • Electric Vehicle (EV) Charging Stations
• Smart Building Program
  
  • Automated Energy Management Software Suite
• Health & Wellness
  
  • Indoor Environmental Quality (IEQ) Program
  • Fitwell Certification
• Water & Waste
  
  • Water Conservation
  • Waste Diversion
• Benchmarking (Energy, Water & Waste)
  
  • Benchmarking
  • ENERGY STAR®

LBA Realty has also used this program to obtain credits for Green Lease Leaders – a national recognition program honoring landlords, tenants, and other real estate stakeholders for prioritizing energy-aligned clauses in leasing language.