Part of the CCI's mandate is a Energy Efficiency BuildingRetrofit Program, which aims to promote the retrofitting ofexisting structures with more energy-efficient products andtechnologies. Participating cities include New York City, Chicago,Houston, Mexico City, Mumbai and London, which will develop andimplement energy saving programs at municipal buildings and provideincentives for private building owners to do the same.

The link between CCI and BOMA was formed to provide practicalsupport to these lofty goals, starting with industry education saysBrenna S. Walraven, BOMA International chairman and CEO andexecutive managing director of USAA Real Estate Co. "The MOU servesto help us expand and communicate goals of the CCI and in general,of the benefits of energy efficiency in commercial properties," shetells GlobeSt.com. "More people in the industry need to understandhow readily achievable many goals are without huge capitaloutlays."

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.