Sustainability Street: Is Green Leasing Ready to Take Off?
The demand for sustainability clauses is accelerating.
Marla Thalhimer and Diana Lee of the Institute for Market Transformation are among the voices that contributed to this episode.
If commercial real estate and the world are going to meet their 2030 decarbonization goals, property owners and tenants will need to work together. So, now that more corporations are setting targets and reporting their emissions, the sustainability community is hoping that green leasing will really scale to where it needs to be.
Welcome back to Sustainability Street, CPE’s podcast on the intersection of commercial real estate and the world we live in. For this episode, I blend together a number of expert interviews to delve into the state of green leasing: the opportunities, the challenges, and some best practices.
Paulina Torres of JLL and Scott Biel of Solomon Ward Seidenwurm & Smith also weighed in on the state of green leases.
Here’s a sample of the topics covered:
- Why green leases are critical (2:14)
- Hurdles to overcome (4:48)
- A new business paradigm (7:34)
- Why data is the linchpin (9:58)
- ESG and leasing teams as partners (11:25)
- Performance-based leasing (12:44)
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