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AD Editorial Board

Amy Gerber

Executive Managing Director, Business Incentives Practice, Cushman & Wakefield
Bill Luttrell

Director of Corporate Real Estate, Werner Enterprises, Inc.
Bradley Migdal

Senior Managing Director, Business Incentives Practice, Cushman & Wakefield, Inc.
Brian Corde

Managing Partner, Atlas Insight
Dan Levine

Practice Leader, Location Strategies and Economic Development, Oxford Economics, Inc.
Dan White

Director, Government Consulting and Fiscal Policy Research, Moody's Analytics
Dennis Cuneo

Owner, DC Strategic Advisors LLC
Eric Stavriotis

Executive Vice President, Advisory & Transaction Services, CBRE
H. Robert Boehringer, III

Managing Director, Global Location & Expansion Services, KPMG
Josh Bays

Principal, Site Selection Group, LLC
Joshua Wright

VP, Economic and Workforce Development, Emsi
Kate Crowley

Principal, Baker Tilly Virchow Krause, LLP
Les Cranmer

Senior Managing Director, Savills
Marc Beauchamp

President & CEO, CAI Global
Margy Sweeney

Founder and CEO, Akrete, Inc.
Michael Kruklinski

Head of Real Estate , Siemens Energy and Siemens USA
Minah Hall

Managing Director, Compass Key Site Solutions
Paul Naumoff

Principal, National Director of Tax Credits & Incentives Advisory Services, EY Global/Americas
Scott Kupperman

Founder, Kupperman Location Solutions
Stephen Gray

President & CEO, Gray, Inc.

Do Green Buildings Make Dollars and Sense?

Norm G. Miller, PhD, University of San Diego, Burnham-Moores Center for Real Estate
Dave Pogue, LEED AP and National Director of Sustainability, CB Richard Ellis

11-23-2009

An analysis was conducted of operating costs, energy impacts, productivity, and tenant attitudes from a major real estate portfolio. The results provided here are based on a survey of 154 green buildings and an additional similar-sized set of peer buildings along with over 700 tenants who have moved into primarily Energy Star-labeled buildings managed by CBRE. Results suggest that many tenants find such space more productive, and these buildings do save money on energy costs although total operating expenses tended to run similar to the peer set. Results also suggest that green management practices are increasingly important to tenants.

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Do Green Buildings Make Dollars and Sense?

Norm G. Miller, PhD, University of San Diego, Burnham-Moores Center for Real Estate

Dave Pogue, LEED AP and National Director of Sustainability, CB Richard Ellis

11-23-2009

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