Shared leasing incentives lead to greener pastures

Changing attitudes toward energy efficiency, sustainability and environmental responsibility have created a rising demand for "green leases." Colorado is emerging as a leader in the green leasing revolution.

In December, Colorado implemented a Green Lease Policy intended for state leases, executive branch agencies and institutions of higher education to achieve "environmental performance objectives for new, existing and renewing lease agreements." The Green Lease Policy requires that new or renewing lease agreements above 5,000 gross square feet evaluate all potential buildings pursuant to a Green Lease Matrix that measures a building’s sustainability practices.

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