GreenBuild Blog

The Proof Is In! Green Buildings Get Higher Rents, Have Greater Occupancy, Says Just-Released Study

Tuesday, November 20, 2007

A November 2007 study of more than 200 buildings by University of San Diego professor Norman Miller shows that Energy Star office buildings over 200,000 sq.ft. get about two percent greater occupancy and about $2 per sq.ft. greater rents, along with $0.54 per sq.ft. lower operating costs and 30%  higher resale value. Isn’t the debate just about over, whether green buildings are a benefit to developers?

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