RequirementsWhile the concept of green leasing has been tested and discussed for years, there previously was no distinct standard to define what constitutes a green lease. In order to set program requirements, Green Lease Library collaborators and an industry advisory group teamed up to create a set of Green Lease Standards. These standards create the framework for the requirements of the Green Lease Leader recognition program.
The following requirements must be met in order to be eligible for recognition: 1) A narrative description of the applicant’s internal green leasing initiative must be included as part of the application. The narrative portion will be scored based on the number of green leasing-related accomplishments achieved. For examples on what to include in your organization’s narrative, see page 7 of the Green Lease Leaders application. 2) At least two signed and executed green leases must be included along with the application*, to show that companies or broker teams applying for Green Lease Leader recognition haves leases that meet the Green Lease Standards. Information on basic lease requirements can be found below, while requirements are fully defined on pages 2-4 of the Green Lease Leaders application. * Submitted leases are allowed to have sensitive and/or proprietary information redacted. No part of the lease will be shared without the explicit consent of the applicant.
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Portfolio Size MinimumsFor Tenants and Landlords
The applicant’s portfolio covered by green lease initiatives must be greater than 50,000 gross square feet. For Brokers & Broker Teams The applicant’s portfolio covered by green lease initiatives must be greater than 10,000 gross square feet. |
Green Lease Library |
Green Lease Leaders |
About UsGreenLeaseLibrary.com and the Green Lease Leaders program are the result of collaboration among green leasing stakeholders, and are maintained by the Institute for Market Transformation.
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