Editor’s note: This is the second in a two-part series on energy efficiency. The first focused on the nonprofit sector while this column looks at commercial office buildings. Energy-efficiency improvements at the Court West Building, 2610 University Ave. in St. Paul, have recently reduced electricity costs from $2.29 per square foot to $1.65 per square foot, according to Wellington Management. (Submitted photo: CoStar) Energy efficiency is a priority for Cushman & Wakefield. By using simple and complex technologies and strategies, the Bloomington-based commercial real estate company seeks to drive down energy costs in the more than 300 properties it manages in the Twin Cities. Cushman & Wakefield is hardly alone. Other property-management companies employ analytical tools along with building-management systems to reduce energy consumption. To them, it has become a no-brainer, a way to control expenses while creating an amenity that lures clients who care about carbon emissions and climate change. “Energy efficiency has been driven by property managers who want to improve the market position of their buildings by making sure the operating expenses are as low as possible and making sure their buildings are as green as possible to attract tenants,” said Chuck Palm, Cushman & Wakefield’s director… Read full this story
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