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Are Green Buildings Still a Draw for Investors?

Each year, the demand for LEED buildings continues to grow as society becomes more interested in sustainability and gains a better understanding of the benefits of green office buildings, Mark IV’s Paul Cate tells GlobeSt.com.

Paul Cate Cate: “More and more companies are implementing sustainability initiatives that require them to evaluate and address their carbon footprint.”

NEWPORT BEACH, CA— Each year, the demand for LEED buildings continues to grow as society becomes more interested in sustainability and gains a better understanding of the benefits of green office buildings, Mark IV Capital’s CEO’s Paul Cate tells GlobeSt.com. The firm’s headquarters building here was recently awarded this designation and is one of only two LEED-Platinum office buildings in Newport Beach.

The two-story, 20,389-square-foot office building, located at 4450 MacArthur Blvd., houses Mark IV Capital, TIAA-CREF and Chronos. Its green features include an energy-efficient shell with rooftop solar panels, high-performance glazing, low-emission building materials, water-friendly landscaping and a custom-made building automation and energy-management control system. High-performance interior elements include energy-efficient LED lighting, water-saving plumbing fixtures and low-emitting finishes including low VOC paints, adhesives, flooring, composite-wood products and furniture systems. An operable window system ensures a healthy indoor environment for employees and tenants.

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Carrie Rossenfeld

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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