"Green" Your Lease: Landlord and Tenant Perspectives on Lease Provisions for Green Building

February 1, 2010
Rodd W. Bender
Association of Corporate Counsel's "Green-house Counsel"

Landlords and commercial tenants are finding "green" buildings – such as those achieving a sustainability certification pursuant to the U.S. Green Building Council ("USGBC") Leadership in Energy and Environmental Design ("LEED") program – increasingly attractive for a variety of reasons. By incorporating features that, among other goals, reduce energy and water consumption, promote renewable energy, maximize sustainable and minimize toxic building materials, and encourage waste recycling, green building can reduce operating costs, proactively manage future "carbon tax" or other climate change requirements, improve work environments and productivity, capture financial or land development incentives, enhance corporate reputation, and satisfy internal sustainability mandates.

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