{"id":1004707272,"date":"2024-03-22T05:42:09","date_gmt":"2024-03-22T13:42:09","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004707272"},"modified":"2024-03-22T05:46:02","modified_gmt":"2024-03-22T13:46:02","slug":"executive-council-how-important-is-sustainability-in-cre-business","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/executive-council-how-important-is-sustainability-in-cre-business\/","title":{"rendered":"CPE Executive Council: How Important is Sustainability in CRE Business?"},"content":{"rendered":"
\n
\"\"<\/figure><\/div>\n\n\n

For those in CRE, does sustainability play a major role in doing business today? The CPE Executive Council shares their thoughts.<\/p>\n\n\n

\n\n
\n
\"Mark
Mark Rose<\/figcaption><\/figure><\/div>\n\n\n

Accelerating Investments<\/strong><\/p>\n\n\n\n

Carbon neutrality, renewable energy and climate change will continue to be a focal point for the future. Add water and food to this equation and sustainability is fundamental to our communities, cities and places. We are currently at the low point of this industry-wide cycle, but investment will accelerate as we rebound and sustainability comes back into vogue. \u2014Mark Rose, CEO, Avison Young<\/a><\/p>\n\n\n

\n\n
\n
\"\"
Ryan Severino<\/figcaption><\/figure><\/div>\n\n\n

Producing a Premium<\/strong><\/p>\n\n\n\n

Not surprisingly, I tend to view this through the lens of economics. Once upon a time, the market suggested that it was relatively unimportant. But those times have passed. In pricing and preferences, for uses of space and investors, sustainability produces a premium. That\u2019s an important signal I would not ignore.  \u2014Ryan Severino, Chief Economist & Head of U.S. Research, BGO<\/a><\/p>\n\n\n

\n\n
\n
\"\"
Jeff Hamann<\/figcaption><\/figure><\/div>\n\n\n

Growing Importance<\/strong><\/p>\n\n\n\n

It\u2019s important, and it\u2019s only growing in importance. Right now I essentially look at sustainability features as \u201cnice-to-haves\u201d with CRE investments, but I\u2019d better have a plan in place to implement measures otherwise those assets likely won\u2019t hold up to what\u2019s in demand from new or renewing tenants, especially in major MSAs where there\u2019s a lot of differentiated inventory. \u2014Jeff Hamann, Editorial Director, Janover<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A look at how crucial going green is for investors, developers and economists.<\/p>\n","protected":false},"author":443,"featured_media":1004707460,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[52209],"tags":[33022,52263,52366],"class_list":["post-1004707272","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-executive-council","tag-avison-young","tag-bgo","tag-janover"],"acf":[],"yoast_head":"\nCPE Executive Council: How Important is Sustainability in CRE Business? - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/executive-council-how-important-is-sustainability-in-cre-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CPE Executive Council: How Important is Sustainability in CRE Business?\" \/>\n<meta property=\"og:description\" content=\"A look at how crucial going green is for investors, developers and economists.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/executive-council-how-important-is-sustainability-in-cre-business\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-22T13:42:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-22T13:46:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/CPE_Executive_Council_Headshots-0322.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jessica Fiur\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/executive-council-how-important-is-sustainability-in-cre-business\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/executive-council-how-important-is-sustainability-in-cre-business\/\",\"name\":\"CPE Executive Council: How Important is Sustainability in CRE Business? - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/executive-council-how-important-is-sustainability-in-cre-business\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/executive-council-how-important-is-sustainability-in-cre-business\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/CPE_Executive_Council_Headshots-0322.jpg\",\"datePublished\":\"2024-03-22T13:42:09+00:00\",\"dateModified\":\"2024-03-22T13:46:02+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/0bf67d338f2b97c9e1194fabf816e9c3\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/executive-council-how-important-is-sustainability-in-cre-business\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/executive-council-how-important-is-sustainability-in-cre-business\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/executive-council-how-important-is-sustainability-in-cre-business\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/CPE_Executive_Council_Headshots-0322.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/CPE_Executive_Council_Headshots-0322.jpg\",\"width\":800,\"height\":620},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/executive-council-how-important-is-sustainability-in-cre-business\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CPE Executive Council: How Important is Sustainability in CRE Business?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/0bf67d338f2b97c9e1194fabf816e9c3\",\"name\":\"Jessica Fiur\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/Jessica-Fiur-Headshot-for-online-1.jpg?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/Jessica-Fiur-Headshot-for-online-1.jpg?w=96\",\"caption\":\"Jessica Fiur\"},\"description\":\"Jessica Fiur is the editor-in-chief at Multi-Housing News and Commercial Property Executive and writes the award-winning blog What Renters Want. Jessica has been with the company since 2011 and previously was with Weekly Reader and IQPC. Contact Jessica at jessica.fiur@cpe-mhn.com, on Twitter @jfiur or on LinkedIn https:\/\/www.linkedin.com\/in\/jessicafiur\/.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/jessica-fiur\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"CPE Executive Council: How Important is Sustainability in CRE Business? - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/executive-council-how-important-is-sustainability-in-cre-business\/","og_locale":"en_US","og_type":"article","og_title":"CPE Executive Council: How Important is Sustainability in CRE Business?","og_description":"A look at how crucial going green is for investors, developers and economists.","og_url":"https:\/\/www.commercialsearch.com\/news\/executive-council-how-important-is-sustainability-in-cre-business\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2024-03-22T13:42:09+00:00","article_modified_time":"2024-03-22T13:46:02+00:00","og_image":[{"width":800,"height":620,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/CPE_Executive_Council_Headshots-0322.jpg","type":"image\/jpeg"}],"author":"Jessica Fiur","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/executive-council-how-important-is-sustainability-in-cre-business\/","url":"https:\/\/www.commercialsearch.com\/news\/executive-council-how-important-is-sustainability-in-cre-business\/","name":"CPE Executive Council: How Important is Sustainability in CRE Business? - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/executive-council-how-important-is-sustainability-in-cre-business\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/executive-council-how-important-is-sustainability-in-cre-business\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/CPE_Executive_Council_Headshots-0322.jpg","datePublished":"2024-03-22T13:42:09+00:00","dateModified":"2024-03-22T13:46:02+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/0bf67d338f2b97c9e1194fabf816e9c3"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/executive-council-how-important-is-sustainability-in-cre-business\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/executive-council-how-important-is-sustainability-in-cre-business\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/executive-council-how-important-is-sustainability-in-cre-business\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/CPE_Executive_Council_Headshots-0322.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/CPE_Executive_Council_Headshots-0322.jpg","width":800,"height":620},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/executive-council-how-important-is-sustainability-in-cre-business\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"CPE Executive Council: How Important is Sustainability in CRE Business?"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/0bf67d338f2b97c9e1194fabf816e9c3","name":"Jessica Fiur","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/Jessica-Fiur-Headshot-for-online-1.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/Jessica-Fiur-Headshot-for-online-1.jpg?w=96","caption":"Jessica Fiur"},"description":"Jessica Fiur is the editor-in-chief at Multi-Housing News and Commercial Property Executive and writes the award-winning blog What Renters Want. Jessica has been with the company since 2011 and previously was with Weekly Reader and IQPC. Contact Jessica at jessica.fiur@cpe-mhn.com, on Twitter @jfiur or on LinkedIn https:\/\/www.linkedin.com\/in\/jessicafiur\/.","url":"https:\/\/www.commercialsearch.com\/news\/author\/jessica-fiur\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/CPE_Executive_Council_Headshots-0322.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004707272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/443"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004707272"}],"version-history":[{"count":6,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004707272\/revisions"}],"predecessor-version":[{"id":1004707462,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004707272\/revisions\/1004707462"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004707460"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004707272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004707272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004707272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}