“Green” Leases Pose New Issues for Businesses

more+
less-

In a rapidly-changing environment, businesses are becoming more focused on the interplay of energy and environmental issues and how they impact both short-and long-term costs. As with many endeavors, “green” concepts have spilled over into commercial real estate through the development of green buildings and green leases.

This trend should not be surprising, since an office lease can represent a substantial portion of a company’s overall costs, and buildings account for a significant percentage of energy use in this country (nearly three-quarters of the nation’s consumption of electricity and nearly forty percent of the country’s energy usage and carbon dioxide emissions, according to the U.S. Green Building Council). As such, businesses that lease commercial office space must understand the risks and rewards of green leases, particularly when commercial leases typically extend upwards of five to twenty years.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Michael Hockley, Spencer Fane Britt & Browne, LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

CONNECT

Michael Hockley
Spencer Fane Britt & Browne, LLP

Mike is a partner with Spencer Fane where he is a member of its Environmental Law practice group and... View Profile »


Follow Spencer Fane Britt & Browne, LLP:

Reporters on Deadline

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.
×
Loading...
×
×