Developers Are Embracing LEED, And Tenants Are Responding

A study by the CoStar Group released earlier this year showed that LEED-certified buildings have a 3.8 percent higher occupancy rate than traditional space. That may not seem like much, but in a slowing economy, every percentage point is huge. And when developers can lock those tenants into long-term leases — something tenants are more willing to consider in a green building — there may be a little more insulation against economic peaks and valleys.