Green buildings save money, increase value
San Diego Union-Tribune Thursday 16th June, 2011
Symphony Towers, owned by the Irvine Co., is a LEED Silver-rated building, one of a growing number of energy-efficient buildings that research indicates can command higher rents and values in exchange for lower operating costs. - UT file photo Making an office building more energy efficient pays off in lower operating costs and higher rents and value, but construction loans to make the upgrades are still hard to get. That was the ying and yang message from a webinar Thursday by experts from UC Berkeley and Wells Fargo Bank. The University of San Diego and University of Connecticut sponsored the session that drew 120 participants across the country. Nils Kok from UC Berkeley and the University of Maastricht in the Netherlands said his research of green office buildings indicated that f...
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