Environmental strategy has evolved from a luxury to a necessity in the building and property management industry. Green building and maintenance is now a core issue for real estate investors and property managers as green properties are becoming more desirable to tenants and buyers. The incremental cost of integrating environmental best management practices at a property typically reaches 2% of development costs but often yields an ROI of more than 50%.
Consider the headquarters of software developer Adobe in San Jose, where the investment to achieve LEED Platinum Certification has produced an annual ROI of over 121%. Considering this compelling business case and the evolving regulations and codes focused on green building, it is critical for property managers, REITs, and corporate real estate departments to develop rigorous and profitable sustainability strategies.
The MSP principals are USGBC LEED Accredited and have backgrounds in commercial real estate finance and property management. We hope to work with you to review your portfolio to identify how an environmental strategy will improve your bottom line.
We can help you:
Please feel free to contact us if you would like to learn more about MSP’s experience in sustainable real estate and property management. More information about our broader program development expertise is available in the Services section of our site.
There are many benefits to developing a corporate environmental strategy. If you have questions or would like to share ideas on how these issues relate to your company, we encourage you to contact us to schedule a complimentary Sustainability Strategy Consultation.