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CB Richard Ellis plans to go ‘green’

Cincinnati Business Courier – May 31, 2007

This is interesting. A developer that primarily delivers facilities to businesses is going to reduce their environmental impact.  They say they will save money in the process which begs the question, if it is cheaper to be Green than Brown, why doesn’t everyone do it?

Carbon neutrality is a phrase that probably doesn’t mean a whole lot to the average person, but $30 million in cost savings sure does.

That’s a key reason why CB Richard Ellis Inc., a national commercial real estate firm with a Tri-State presence, is launching an initiative to reduce and eventually eliminate its dependence on carbon dioxide-producing energy throughout the 1.7 billion square feet of building space it manages worldwide.


The reduction would save tenants and property owners $30 million, CB Richard Ellis spokesman Steven Iaco said.

Follow this link to the article to find out how they are going to do this!

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