May 4, 2009—A new report suggests that a trend toward more energy efficient buildings could p benefit the commercial real estate industry.
According to Pike Research, the coming years could see as much as $400 billion invested in commercial real estate, with $6.6 billion each year expected to be invested in efficiency retrofits alone by 2013.
“High-performance green building space experiences lower vacancy rates and commands a premium price, compared to conventional space. Because of this, commercial building owners are adopting green retrofits as a market differentiator,” said Clint Wheelock of Pike Research in a statement.
Both homeowners and business owners stand to benefit financially under the federal stimulus act for making investments in energy efficiency. Those options can range from new windows and siding to more efficient heating systems.
Pike Research is a market research and consulting firm that provides in-depth analysis of global clean technology markets. For more on the company, see its Web site.
