Improving Leased Commercial Real Estate
A new generation of energy efficiency technologies are presenting America’s commercial property owners, tenants and contractors with a several hundred billion dollar opportunity.
This opportunity results from the fact that an average commercial building wastes about 30% of the energy that owners and tenants pay for. On an annual basis, wasted energy costs owners and tenants more than $60 billion, which is equivalent to:
$60 billion in lost business profits
$857 billion in lost capitalized asset value (at a 7.0% cap. rate).
Funding for 1.3 million jobs (at the 2013 average wage of $45,790).
Considering the size of this opportunity, and the fact that many simple, inexpensive solutions are readily available . . . one would think that energy efficiency improvements would be selling like hot cakes.
Unfortunately, that is not the case.
The bad news is that seven formidable problems stand in the way of reducing energy expense.
The good news is that forward-thinking property owners, managers, tenants and contractors are finding ways over, under and around them.
We dedicate this eBook to the property owners, managers, engineers and contractors who are seizing the day.
The energy efficiency opportunity is tipping. Carpe diem!
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Read more about cashing in on energy efficiency.
