Pershing Park Plaza Pershing Park Plaza

ATLANTA—Green is still red hot—and Atlanta is greener than most. Institutional owners of office buildings continued striving for green building certifications in the 30 largest US markets during 2015.

Green certifications have gained momentum over the past decade. Today, 11.% of all office building surveyed in CBRE's study have green certifications. That represents 39.6% of all office space, according to the third annual Green Building Adoption Index study by CBRE Group, Inc. and Maastricht University. According to CBRE, both figures are slightly above last year's results.

“While the rate of growth in 'green' buildings has slowed modestly, our latest study underscores that in most major markets, sustainable office space has become the 'new normal,'” says David Pogue, CBRE's Global Director of Corporate Responsibility. Green office buildings in the US are defined as those that hold either an EPA ENERGY STAR label, USGBC LEED certification or both.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.