Paying More for Green Office Space

By Leslie Guevarra Published February 10, 2011

A growing number of corporate real estate executives say they are willing to pay more to lease green office space and that they consider sustainability issues when making decisions about locations, according to recently released research from CoreNet Global and Jones Lang LaSalle.

CoreNet Global, an organization for corporate real estate professionals, and commercial real estate services firm Jones Lang LaSalle made the results of their fourth annual Sustainability Survey available yesterday.

Conducted last November, the survey gauges attitudes and trends on sustainability and owned and leased corporate facilities.

Half the respondents now say they are willing to pay more to lease green office space in contrast to 37 percent who said the same in 2009, and 23 percent said they would pay more rent if some of it were offset by lower energy costs.

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