What Is a “Leed Certified” Building, and Are Tenants Willing to Pay More Rent for One?

LEED (Leadership in Energy and Environmental Design) is a green building certification system that is internationally recognized and provides third-party verification that a community or a building was built and designed using strategies for improving performance across all the most important metrics: energy savings, CO2 emissions reduction, improved indoor environmental quality, water efficiency, and stewardship of resources. It can be applied to all building types – both commercial and residential.

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How Will California’s SB 939 Affect Commercial Real Estate If It Passes?

Coronavirus has had devastating effects on all businesses, but the hospitality industry, including restaurants, cafes, and bars, has suffered the most consequences. This is why the state of California has decided to provide help with a new bill in order to avoid mass closings. However, the landlords of these properties may not be so pleased with the new bill if it passes.

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