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November 15th is Here!!!!

11/15/2012

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It is November 15th.  If your building in San Francisco is 10,000 sq ft or greater and if you are part of the initial group (approximately 1/3 of the building stock) then you have to have your audit completed by today!  If you don't you are potentially liable for penalty fees depending on the square footage of your building and how long you fail to be compliant.

If you are part of this first group you need to schedule your audit now and get it filed with the Department of the Environment.  For more information about San Francisco's ordinance requirements check the compliance section of our website under San Francisco's “Existing Commercial Buildings Energy Performance Ordinance” 17-11.
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Green Buildings Command Higher Prices

11/6/2012

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In 2009 the Royal Institution of Chartered Surveyors (RICS) determined that Green Buildings with an Energy Star rating command on average a 16% higher selling price than their counterparts.  They also tend to obtain 6% higher effective rents. 

RICS is a world leading professional organization in the areas of property, land, construction and related environmental issues. They set, maintain and regulate standards.  They also provide impartial advice to both governments and policymakers. They have more than 100,000 qualified members who participate across 17 disciplines in over 146 countries. 

To learn more about this report visit the RICS website on Green Buildings Attracting Higher Rents in United States.
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    Greg Bryan is an Energy Efficiency Specialist, Attorney and Real Estate Broker

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