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![]() Through its alliance with the energy services firm, SVN's employees and advisers, located in more than 150 offices nationwide, will receive training and resources to help their clients reduce operating expenses, increase building values and capture financial incentives through green practices. SVN will offer project management, incentives acquisition and LEED certification, among other programs. "Over the next decade, energy costs will likely be the fastest-growing component of building operating expenses," said Kevin Maggiacomo, CEO of Sperry Van Ness. "If a building consumes more energy than its peers, it will attract few tenants.” Commercial buildings in the U.S. currently account for nearly 40 percent of total energy consumption and more than two-thirds of electricity use, he said. “Energy efficiency and renewable energy are a real estate play," added GreenPoint CEO Dustin Gellman. "Green-building retrofits impact cash flows, and real estate professionals can help property owners better understand the financial impact of energy initiatives on asset performance." GreenPoint Partners acts as an advocate for businesses looking to go green. Its network is made up of real estate firms that aim to help clients achieve sustainability. The agency's engineers will perform energy audits, and install energy-efficiency projects and solar platforms for SVN. "Through our partnership with GreenPoint, SVN ... can make an impact that not only increases a client’s bottom line, but is also good for the planet,” finished Maggiacomo. Related headlines Santa Ana industrial property sells for $8 million California First buys 11 state office properties for $2.33 billion Report shows stabilization for industrial real estate |
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