by Jodi Summers

Research and statistics show that Energy Star and LEED-certified buildings can attract higher rents and generate increased demand from tenants < and that a green property can garner a better lease rates and higher sales price. But the bottom line has been so shaky lately, that green hasn’t really gotten very far in industrial real estate.

Going forward we will see change. New projects follow CalGreen codes, but spec development is basically being built to an absolute minimum and then individual owners grow it from there.

Prologis is leading one of the more proactive environmentally friendly construction campaigns. The logistics company has embraced LEED—not just building to the standard, but having LEED-certified construction managers who know how to work the paperwork a little more efficiently.

“Calgreen holds you to that standard anyway, “so a few extra bucks thrown at it will get you the certification,” shares a Prologis southwest region president.

With the older, Class-B buildings, it’s tough to go LEED without the tenants’ cooperation because tenant improvement are put toward more specific needs. LEED cert is near the bottom of the hierarchy of true needs but definitely on the radar screens, but most tenants are not willing to pay more to get it @ this point in time.

LEED (Leadership in Energy Efficiency and Design) is the benchmark international certification system which offers bronze, silver, gold, and platinum certification levels. Statewide we have the CalGreen Code, which is more like everytown’s way of going green.


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  1. CBPA, in partnership with our friends at the California Taxpayer’s Association and several other groups, has announced opposition to AB 561 (Ting; D-San Francisco), which would allow counties and/or cities to impose a potentially massive tax increase on commercial, industrial, and residential rental property by adopting the “change in ownership” definition from property tax law for purposes of determining whether a documentary transfer tax is due.

  2. Researchers and companies have a new way harnessing the potential power of ocean currents such as the Gulf Stream with – the underwater kite.

    There’s a reason clean energy researchers are so interested in the ocean: “It has been estimated that the potential power from the Florida Current, which flows from the Gulf of Mexico into the Atlantic Ocean, is 20 gigawatts—equivalent to about 10 nuclear power plants,” mechanical engineer David Olinger, notes, who just received a grant to build the kites. The kites’ ability to move in figure-eight motions–which causes it to zip through the water several time faster than the current itself–will amplify the water’s energy output, Olinger says.

    The idea of energy-generating kites has been floated above ground, too. Olinger’s worked on that technology, too, and has already developed algorithms that plot the most energetically efficient position for the kites based on wind (or current), kite location and tether length. He’ll apply those models to the underwater kites, which will have rigid metal wings to catch the current and underwater turbines to harness that energy. Kite construction will begin in January.

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