Tenant complaints and turnover are lower and rental rates are higher in high performance buildings.
- According to a study by the Building Owners and Managers Association (BOMA), after insufficient space, lack of comfort is the leading cause of tenant loss. There is a 50 percent chance a tenant will move out if they lodge three or more major complaints about comfort in a year.
- In 2005, CoStar determined that in high performance LEED® certified Class A office buildings, occupancy rates are 3 percent higher and rents are 14.6 percent higher.
High performance buildings also improve asset value: According to Energy Star data, every dollar invested in energy efficiency can add $3 in building asset value.