Pledge to try to recognize, implement, and encourage smart leasing principles in your industry and get expert knowledge support from the Smart Leasing team.
Tenants leasing energy-efficient space has been proven to improve employee productivity, retention, and sales due to improved thermal comfort, natural daylight, and residing in a healthy building. By integrating smart leasing into your business practices, you can unlock the value of leasing cost-efficient space that reduces utility costs, drives employee satisfaction, and benefits your bottom line. According to a study done by Stok, commercial tenants who invest in high-performance buildings can gain an additional annual value of $3,395 per employee and $18.56 per square foot due to the enhanced productivity, retention, health, and utility and maintenance savings. Refer to the Why Smart Leasing one-pager for an enlarged view of the infographic below.
Text version of the infographic
For example, as a tenant seeking efficient space, it is important to set efficiency standards for site selection and built out of leased spaces and communicating your criteria with all real estate parties involved in this process ensures all are working towards the same efficiency goals.
Smart leasing practices for tenants:
- Work with your broker to create site selection criteria that prioritize efficiency and meet your needs.
- Ask prospective landlords what the ENERGY STAR® score of the building is and what energy-efficient features are installed.
- Submeter energy use in your leased space to the extent possible and ask that the landlord provide monthly updates on energy consumption.
- Build out your space utilizing energy-efficient strategies such as natural lighting, ENERGY STAR appliances, occupancy sensors, and programmable thermostats.
Download this Tenant Smart Leasing one-pager to encourage others in your industry to participate in the program