Updated BOMA guide on commercial real estate leases includes green info

September 19, 2008—Building tenants, and what goes on in tenant space, are critical to the ongoing management and continual improvement of any building. BOMA International gathered a team of expertsmembers with experience in executing leases and a proven track record for sustainabilityto “green” The Guide to Writing a Commercial Real Estate Lease, by Steven A. Teitelbaum, Jones Day, first published in 2005.

The team walked through the lease clause by clause, looking for opportunities to change language long-accepted as common practice.

The result, the new BOMA Green Lease Guide, walks you through the complex language of commercial real estate leases so that you can:

  • Maintain a green building through operations and management practices.
  • Educate brokers and prospective tenants about what it means to occupy a high performance green building.
  • Communicate the responsibilities of all parties in the ongoing efforts to keep the building green.
  • Enforceable tenant responsibilities.

    Terms of the lease presented in the BOMA Green Lease Guide gives tenants incentive to reduce consumption of energy, water and materials, produce less waste, recycle as much as possible, and choose energy efficient and environmentally friendly products, furnishings and office equipment. The lease also includes enforceable language, where appropriate, to ensure that the tenant complies with the building’s green practices.

    For more information, see the BOMA Web site.

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