Going Green? Your Building Can Too.August 22, 2010
Leadership in Energy and Environmental Design (LEED) certified office and R&D space is becoming more and more important to companies. Currently, across the Bay Area, LEED-certified space has a vacancy rate 130 basis points below the overall market vacancy rate of 18.4%. As a result of the increased cost savings and performance of LEED-certified space, the Bay Area has seen a flood of new certifications being awarded over the past several years. San Francisco currently dominates the Bay Area in LEED-certified space with over 14 million square feet; however other markets, most notably in the Silicon Valley, are following suit, with more and more space certified each year.
Cassidy Turley BT Commercial’s Real Green Index report tracks and measures key statistics related to LEED Certified office and R&D buildings and spaces throughout the Bay Area. To view our latest report, please click here Real Green Index 2nd Quarter 2010