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Model Green Lease Educational Seminar

What Washington
When September 23, 2009
from 07:45 am to 12:00 pm
Where Puget Sound Energy, 355 110th Ave NE, East Building, Seattle, WA 98004
Contact Name Lauri Rossi
Contact Email
Contact Phone 312 341-0754
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Model Green Lease Generates Energy Savings of 30 to 50 Percent

By redesigning the traditional lease to put the economic incentives in the right spots, the Model Green Lease changes the game. Finally, everybody gets the economic and environmental results they want. Preliminary estimates show that adopting the structure of the Model Green Lease, with suitable construction and operating standards can cut energy use by 30 to 50 percent over comparable office buildings.

Model Green Lease Overcomes Biggest Obstacle to Green Buildings - "Spilt-Incentive"

Learn how the Model Green Lease resolves the issue of the split financial incentive in a fair and equitable manner. Discover how landlords can keep or attract tenants in tough economic times while maximizing building value. See how tenants will get the benefit of being in a green office building - a healthy and productive workplace at a competitive rate.

The Model Green Lease was crafted by a national task force of attorneys, real estate brokers, corporate tenants, landlords, and green building consultants from both sides of the negotiating table. Collectively, members have negotiated hundreds of office building leases.

Who Should Attend

A&D Community- Architects, Designs, Engineers, TI Contractors
Transaction Community - Accountants, Attorneys, Commercial Real Estate Brokers, Appraisers, Lenders
Tenant Community - CFO, Corporate Real Estate Executives, Facilities Managers
Ownership Community - Developers, Office Building Owners, Real Estate Investors, Building/Property Managers, Asset Managers, Pension Fund Advisers, Investment Managers

Learn the 10 Essential Elements of the Model Green Lease

"We knew that modifying an existing lease wasn't going to work, and this needed to be more than a symbolic gesture to sustainability," explains task force chair Alan Whitson, RPA. "So we started with a blank sheet of paper and a straightforward goal: Create a lease document that encourages green office buildings, maximizes the return on investment for green buildings, and provides a healthy and productive workplace."

The Model Green Lease is consistent with key building rating systems, including ASHRAE, Energy Star, Green Globes, and LEED. Yet, it could be used in any buildings that for various reasons may not be seeking certification. It provides for economic incentives for both the tenant and landlord to operate in an energy efficient manner. The Model Green Lease requires an annual environmental performance report and addresses key environmental issues such as IAQ, energy use, carbon credits, recycling, insurance, operating costs, tenant improvements, green cleaning specifications, and building regulations.

Expert Panel Session - Mock Green Lease Negotiation

See how some of the nation's top professionals navigate the green leasing minefield, and overcome the roadblocks and deal-killers. This interactive, lively session is ideal for getting your questions answered.

Seminar Leader with 40 Million SF of Real Estate Experience

Alan Whitson, RPA is Chair of the Model Green Lease Task Force. He is known for tackling the money issues head on. Whitson is one of the nation's most charismatic, knowledgeable speakers on how to build the business case for green buildings. Whitson is the seminar leader for the celebrated Turning Green into GoldĀ® educational programs. Attendees include over 18,000 design, construction, engineering, facilities, and real estate professionals involved in more than one billion square feet in projects.

The breadth of Whitson's experience includes brokerage, corporate facilities, real estate development, and asset management. As manager of planning and construction for a major Fortune 500 company, he was responsible for 2,000 construction projects a year. Whitson has written over 80 articles on high-performance buildings and commercial real estate. His books and software packages include: 327 Questions to Ask Before You Sign a Lease, Building Operating Costs - Model Lease Addendum, Smart Moves Manual & Software and Bottom Line Comparative Lease Analysis Software.

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