Presentation is loading. Please wait.

Presentation is loading. Please wait.

Negotiating a Green Lease Rider in Today’s Marketplace

Similar presentations


Presentation on theme: "Negotiating a Green Lease Rider in Today’s Marketplace"— Presentation transcript:

1 Negotiating a Green Lease Rider in Today’s Marketplace
Presenters: David C. Longinotti, Hanson Bridgett, LLP Margot Crossman, Unico Properties Meade Boutwell, CBRE Steven Ring, Cushman Wakefield

2 What we will talk about:
Why a Rider? Green Leasing Market update Cooperation Sustainability Practices CAM Charges Utilities Operating Covenants Tenant Improvements

3 Why a Rider? Supplement Current Lease Form Adopt Best Practices
Comply with Green Building Laws Clarity in Negotiations Caveats

4 Green Market Update 247 LEED Registrations in 2009
EBOM Certification dominated Certification fees cents per sq. ft Payback periods vary 9 months to 7 years Tenant HR savings

5 Cooperation High Performance Benefits Everyone Mutual Covenant
Building Certifications and Sustainability Practices Innovation Employee Education

6 Sustainability Practices
O&M best practices plan for energy and water efficiency and other sustainability goals Maintain Green Building Certifications Assure legal compliance Rules and Regulations

7 CAM Charges Building Certification Costs
Sustainability Practices Costs Green Law Compliance Costs Alternative Energy Alternative Transportation Insurance Endorsements

8 Utilities Adopting the right strategy to improve performance
Sub-metering and separate metering Cost Allocations AB 1103 and SF EB Allowable watts

9 Tenant Operating Covenants
Green Building Law Compliance Permitted Use Sustainable Building Operations lighting, daylighting, energy star equipment Recycling, Composting and Waste Management

10 Tenant Improvements and Alterations
Contractor Rules and Regulations, SF Green Building Ordinance LEED Project Manager Cal Green For New Construction TI’s Water Submetering Rooftop Equipment


Download ppt "Negotiating a Green Lease Rider in Today’s Marketplace"

Similar presentations


Ads by Google