Green, LEED, and environmental sustainability are all becoming increasingly important to tenants and customers. Simultaneously, how a property looks, from the grass to the ornamental plants, also carries weight in the leasing decision. But, landscaping is a cost... Read more
Let’s say you’re the CFO of a REIT managing 20 million square feet of commercial floorspace. Chances are you’re paying $2.35 per square foot in utility expense, roughly $47 million annually. If you knew you could reliably cut 30% of this expense, adding $14 million... Read more