Using LEED, the leading green building rating system in the world, developers have a documented, current understanding of green building principles and practices. From planning and design through every aspect of construction, green or sustainable building utilizes environmentally responsible and resource-efficient processes that reduce negative impacts on human health and the environment.
LEED-certified buildings are attractive to tenants, commanding high market rental rates and achieving lease-up rates of up to 20 percent above average. Additionally, vacancy rates for green buildings are approximately 4 percent lower than non-green properties.
From an investor standpoint, LEED provides an internationally recognized framework that includes built-in management practices that can increase asset value and reduce operating costs, in addition to protecting the health and well-being of occupants.
Based in Portland, Oregon, experienced real estate executive Barclay Grayson serves as senior vice president of BPM Real Estate Group. In this capacity, he directs the firm’s operations in property acquisition and development of commercial, hospitality, and multi-family residential construction. Barclay Grayson of Portland also maintains a strong interest in obtaining LEED certification for the firm’s properties. The development at the Radisson Blu hotel in Anaheim, California, which earned BPM a 2020 award from the Anaheim, California Chamber of Commerce, is set to become a LEED Silver-certified property.
The LEED (Leadership in Energy and Environmental Design) certification program has received international recognition as the major standard in environmentally responsible building design. A range of residential and commercial building types are eligible to receive LEED certification.
The system is a product of the United States Green Building Council (USGBC). It offers third-party, independent verification that a structure’s design and construction meet standards for reduction in carbon dioxide emissions, energy and water usage efficiency, and other aspects of environmental quality. LEED strategies are continuous over the life cycle of a building, from initial design and materials, to ongoing maintenance and logistics, to future retrofitting.
The USGBC works to create healthier, more secure, and more sustainable communities all over the world. The USGBC team believes that a long, healthy, enjoyable life is a basic right to which every human being is entitled, and that the quality of the buildings humans inhabit contribute immeasurably toward that effort.