Field Guide to Commercial Green Buildings
(Updated July 2014)
With green building on the hearts and minds of many American businesses and business people, the market for green commercial real estate still finds a place, despite the current economic recession. Read on for the facts and resources for green real estate. (K. Stockert, Information & Web Content Specialist)
Source: Green Building Adoption Index 2015, (CBRE Group and Maastricht University, June 2015).
Q - ProQuest articles available for NAR members only. Password can be found on the ProQuest/Find Articles page.
“For many CEOs, sustainable buildings have moved far beyond feel-good status. Plainly put, they're just good business. They help control energy costs, protect and enhance brand reputation, demonstrate prudent management to investors and lenders, attract and satisfy tenants and employees, and hedge against future regulation.” (Green Buildings, Canadian Business, Sept. 2011). Q
- 4% of NAR commercial members maintain membership with U.S. Green Building Council (USGBC) (NAR 2014 Commercial Member Profile)
- US Green Building Council estimates that by the year 2015 40-48% of new nonresidential construction will be green, (Green Building Facts, USGBC).
- Green buildings consume an average of 25% less energy, 11% less water, 34% less in greenhouse gas emissions, and 19% less in maintenance costs (Green Building Facts, USGBC).
Green Real Estate Quiz, (REALTOR® Magazine).
What Is a Green Building?
The Importance of Commercial Real Estate Sustainability, (NYREJ, May 2013)
Definition of Green Building, (The U.S. Environmental Protection Agency).
What is Green Building?, (Green Resource Council).
Green Building Topic Page, (The U.S. Environmental Protection Agency).
Building Green, (The American City & Country, Mar. 2011). Q
The Green Buildings Market
Real Estate Pros Strive to Explain Building Energy Performance, (Green Biz, Aug. 28, 2014).
Investors Fueling Hike in Green Valuation, (Real Estate Weekly, Aug. 11, 2014).
To Capture Green Value, We Need a Long Perspective, (GreenBuildingAdvisor.com, Dec. 13, 2011).
The Self-Sufficient Office Building, (New York Times, Nov. 4, 2011).
Green Business: Reducing Carbon Footprint Cuts Costs and Provides Opportunities, (Montana Business Quarterly, Summer 2011). Q
Ride the GREEN train to... where?, (American Agent & Broker, June 2011). Q
Next Decade to Host Major Increases in Green Certifications, (Buildings, Mar. 2011). Q
Getting Green for Being Green: Tax Incentives for Energy-Efficient Commercial Properties, (Construction Accounting & Taxation, Jan./Feb. 2011). Q
A Corporate Guide to Implementing a Sustainable Real Estate Program, (Real Estate Issues, Summer 2010). Q
Converting Existing Buildings to Green
Office Properties Provide Fertile Ground for Green Retrofits, (National Real Estate Investor, Aug. 8, 2011).
Alternative Mounting Options for SOLAR, (Buildings, Sept. 2012). Q
Insurance cover often falls short for green projects: Evolving liabilities not always covered by available policies, (Business Insurance, Jul. 2012). Q
Tax Plan to Turn Old Buildings 'Green' Finds Favor, (New York Times, Sept. 19, 2011).
LEED, Liability, and YOU, (Buildings, Aug. 2011). Q
Materials Prices Make Green Homes More Affordable, (Heating & Refrigeration News, Feb. 2011). Q
Renovation for Sustainability, (Building Design & Construction, Feb. 2010). Q
Green Building Trends & Case Studies
How Green is Overtaking the Commercial Property Market, (US Green Building Council, June 25, 2014).
Green Building Adoption Index 2014, (CBRE Group and Maastricht University, June 2014).
Chicago Ranked as One of the Top 10 U.S. Cities for Green Commercial Real Estate in New Study, (RE Journals, June 24, 2014).
San Francisco Second Most Green Real Estate City in the US, (Globe St., June 25, 2014).
Study: Half of Houston’s Downtown Commercial Projects Considered ‘Green’, (Houston Chronicle, June 25, 2014).
Sustainability at Forefront of Warehouse Development, (Journal of Commerce, Nov. 2012). Q
Best Practices in High-Performance Office Development: The Duke Energy Center in Charlotte, North Carolina, (Real Estate Issues, Winter 2012). Q
Urban Green Spaces and an Integrative Approach to Sustainable Environment, (Journal of Environmental Protection, July 2011). Q
An Island Transformation, (Credit Union Management, June 2011). Q
Building a Green Future, (Management Today, May 2011). Q
Green Building Certifications
Sustainable: A look at BOMA 360 certification for buildings, (Finance & Commerce, June 2013).
Natural Resources Defense Council-LEEDS Certification — A list of tips on how to get the LEEDS certification.
U.S. Green Building Council-LEEDS Program — LEEDS is an international recognized green building certification system, which provides a framework for building owners and contractors interested in building or converting commercial buildings into green ones.
One Green Design Fits All: A new program helps businesses get LEED certification for multiple outlets, (Wall Street Journal, Nov. 2010).
Commercial Buildings: Green Opportunities for Leased Buildings — This website is part of the U.S. Department of Energy's Energy Efficiency and Renewable Energy site. It contains many great tips for lessees of commercial space to go green.
BuildingGreen.com —The website for Environmental Building News features articles from the newsletter, directories, and other resources for builders. Most of the site requires a paid subscription, but many resources are free.
Energy Star - Buildings & Plants—This website is part of the EnergyStar site. This site gives a great introduction to commercial green guidelines and strategies, including strategies for the future.
Environmental Design+Construction Magazine—Includes a searchable archive of articles covering all aspects of green buildings, plus product reviews, case studies, etc.
Sustainable Buildings Industry Council (SBIC) — Organization representing sustainable building professionals.
U.S. Green Building Council (USBGC) — The USBGC, the leading organization for green building in the U.S., administers the LEED (Leadership in Energy and Environmental Design) Green Building Rating System®. Their website features information on LEED certification, publications, information on workshops and other events, and more.
World Green Building Council — International organization for green building professionals. Includes a list of links to other national green building councils around the world.
To search the U.S. Green Building Council’s membership community of over 12,000 business, organizations, and government offices that support green design, check out their Organizations Directory.
Green Building & Twitter
Who to follow:
The Green Resource Council: @NARGreen
U.S. Green Building Council: @usgbc
The Environmental Protection Agency's Green Building program: @EPAgreenbldg
The National Association of Home Builders Green Building Program: @EPAgreenbldg
GreenSource Magazine: @greensourcemag
Research on Your Own
To search for the most recent articles on this topic, log-in to NAR's ProQuest account and enter subject terms such as:
Green Commercial Real Estate
- Enter into ProQuest text box as (green w/10 commercial) AND "real estate"
Sustainable Development and Green Buildings
- Enter into ProQuest text box as subject(Sustainable development) AND SU(green buildings)
eBooks & Other Resources
The following eBooks and digital audiobooks are available to NAR members:
Be a Successful Green Builder (Adobe Reader)
Green Buildings A to Z (Adobe Reader)
Green Building Through Integrated Design (Adobe Reader)
Land Use Law for Sustainable Development (Adobe Reader)
Books, Videos, Research Reports & More
The resources below are available for loan through Information Services. Up to three books, tapes, CDs and/or DVDs can be borrowed for 30 days from the Library for a nominal fee of $10. Call Information Services at 800-874-6500 for assistance.
The Philosophy of Sustainable Design: The Future of Architecture, (Kansas City, MO: Ecotone Publishing, 2004).
Green Buildings Pay, (New York: Spon Press, 2003).
Field Guides & More
These field guides and other resources in the Virtual Library may also be of interest:
Have an Idea for a New Field Guide?
Click here to send us your suggestions.
The inclusion of links on this field guide does not imply endorsement by the National Association of REALTORS®. NAR makes no representations about whether the content of any external sites which may be linked in this field guide complies with state or federal laws or regulations or with applicable NAR policies. These links are provided for your convenience only and you rely on them at your own risk.