Is green the way to go?
Green is the hot new trend. GE has coined ecomagination as their way of solving environmental problems. The waste management company at my office recently instituted recycling. The phone guy I met the other day recycles every piece of the old phones he uninstalls, including the cable.
So, how can the typical business owner add a little green to the real estate acquisition process? From a macro thought process, one can look for buildings that are LEED certified. This means that the building has met environmentally friendly standards. This is great with new construction, as commercial developers are jumping on the environmentally friendly bandwagon.
Yet, not every business owner has the ability to take adavantage of a LEED certified building. Simpler green ideas include energy efficient light bulbs, use of eco-friendly modular carpet tiles, recycling as part of the janitorial service. All of this comes down to the idea of "sustainability".
According to the Environmental Protection Agency (EPA) the "concept of sustainability encompasses ideas, aspirations and values that continue to inspire public and private organizations to become better stewards of the environment and that promote positive economic growth and social objectives."
I think that all business owners can incorporate sustainability in their real estate acquisition process. It's just a matter of asking the green questions.
Labels: Commercial Real Estate, Environmentally friendly, Green Construction, LEED, small business owners


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