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Retrofitting Old Buildings Reduces Costs (Like 80% in a Month), Attracts Tenants, Achieves Longer Leases

Retrofitting Old Buildings Reduces Costs (Like 80% in a Month), Attracts Tenants, Achieves Longer Leases

Constructing buildings with more efficient systems in place can lead to higher rents and longer leases, but it can also lead to significant savings. A California condominium association, for example, has seen an 80% reduction in energy costs just one month after installing LED lighting. A recent report, The Future of Corporate Real Estate, outlined … Read more »