With 2019 coming to a close, we wanted to take a moment to reflect on a wonderful year. The sustainability movement in the real estate industry continued to gain momentum with increasing pressure from investors, tenants, customers, and local, state, and global regulations. More real estate organizations prioritized environmental, social, and governance (ESG) performance, responded to the Global Real Estate Sustainability Benchmark (GRESB) Survey, and achieved ENERGY STAR and LEED certifications.
The effects of climate change continue to show us the grave possibilities of inaction, and the real estate sector is working hard to develop creative and cost-effective solutions. States and cities continue to enact green building legislation that have led to over 50 mandatory or voluntary policies across the country.
While we recognize the challenges that face us, we are thrilled to be collaborating closely with our clients to better understand these issues and tackle the solutions together.
Here’s to a fantastic 2019, the happiest of holiday seasons, and a wonderful 2020 ahead!
The breea Team