Category: Sustainability
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3 energy incentives for commercial real estate properties
Making your commercial real estate (CRE) portfolio more energy efficient and sustainable is a great way to achieve your environmental, social, and governance (ESG) goals, help the environment, improve your brand image, and to see a strong return on your investment. But it’s an expensive endeavor. Fortunately, public utilities, local governments, and state agencies make…
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What is the ROI of investing in sustainability for CRE properties?
Sustainability is no mere trend for property owners and managers. It’s become a critical driving force that contributes significantly to a property’s impact on the environment, appeal to tenants, and the bottom line. But what is the ROI of investing in sustainability? For starters, the ROI may be: And most properties see benefits beyond this…
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Sustainability is not just a buzzword for the CRE industry
Sustainability in CRE has risen as a beacon for forward-thinking leaders. But for some, it’s dismissed as just another “buzzword.” However, in the realm of commercial real estate (CRE), sustainability is not only crucial but transformational. Modern tenants are increasingly driven by eco-conscious decisions. A global shift in values means that sustainable commercial spaces are…
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Why all CRE properties should track energy usage
Energy usage is a significant operating cost for commercial buildings, and reducing energy use can lead to significant savings. It’s one of the many reasons why all commercial real estate (CRE) properties should track energy usage. But how exactly do you track energy usage? And what are the most important energy usage stats CRE teams…
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Simple tips to reduce environmental impact in commercial property management
The commercial real estate (CRE) industry is increasingly recognizing the importance of sustainability and reducing its environmental impact. As commercial property owners and operators, taking steps to minimize your environmental footprint is not only good for the planet but can also yield significant cost savings and enhance the value of your properties. Read on for…
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How commercial property managers can solve their top pain points
Building Engines and JEMB Realty Corporation recently joined Propmodo’s webinar discussion, “How Software is Helping Building Owners Lower Operating Costs.” Experts weighed in on the impact commercial real estate (CRE) technology is having on the industry as well as the top pain points commercial property managers are seeing. Throughout the discussion, experts answered questions such…
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Path to net zero checklist: Easy ways for CRE teams to achieve sustainability goals
As the world becomes increasingly focused on mitigating the effects of climate change, the commercial real estate (CRE) industry has a critical role to play in reducing carbon emissions. Commercial buildings alone account for 40% of global carbon emissions, according to the World Economic Forum. It’s no wonder the pressure is on for CRE owners…
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Top 4 priorities for improving building energy efficiency
Improving building energy efficiency at commercial real estate (CRE) properties continues to be a major focus for teams. From a cost to a tenant concern, CRE teams are keen to find better management and maintenance practices to boost their current energy efficiency practices. Jerremy Spillman, Co-founder of Hank, HVAC Optimization Solution, and Brittany Asciolla, Sr.…
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Labor in commercial real estate: 5 trends the data shows
It’s no secret the commercial real estate (CRE) industry is facing several challenges this year. A big one in 2023? Strain on building operations due to labor shortages. Labor shortages are stressing many sectors, and commercial real estate is not exempt. According to recent research from the Counselors of Real Estate, 88% of contractors report…
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Sustainability in commercial real estate: Top goals for 2023
As workers continue to trickle back into the office, tenants are demanding more sustainable and energy efficient buildings. Because of this, property teams are reevaluating their current sustainability strategy. Many commercial real estate (CRE) teams are finding that buildings are presenting unacceptably poor environmental conditions, or they are simply lacking the proper equipment and systems…