Read the first part of this interview here

In October, AMB Morgan Business Center-Building 100, inSavannah, GA, became the largest investor-owned industrialdevelopment in North America to achieve Gold LEED Core & Shellcertification from the US Green Building Council. But the capitalcrisis has prompted some observers to wonder if the346,000-square-foot facility owned by San-Francisco-based AMBProperty Corp. in may be part of a trend doomed to be halted in itstracks as developers and tenants abandon environmental concerns infavor of paring budgets. In this second part of a GlobeSt.cominterview with Chris Brandt, an associate in the Los Angeles officeof Jones Lang LaSalle, we delve into the likely impact of thecurrent economic situation on the future of sustainabledevelopment.

GlobeSt.com: Do you think the current economicsituation will set back the move to sustainability, particularlysince many tenants looking to survive may want to reduce costs NOWby lowering their rent rather than thinking long-term?

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.