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Los Angeles is one of the top markets in the country for buildings with green certifications. According to research from CBRE in the firm’s annual Green Building Index, Los Angeles ranks second in the nation for the number of buildings with green certifications, totaling 363. The report also ranks the city fourth for the amount of total square footage with green building certifications, with 56.3% of the total supply certified green.

“The high number of certifications in Los Angeles can be attributed to many factors. The first is Los Angeles’ position as a “gateway” city that attracts sophisticated capital investments, from both global and national capital sources,” David Pogue, SVP of global client care and sustainability at CBRE, tells Globest.com. “These types of investors generally invest in sustainable buildings and in larger assets, because of the higher achievement in gaining certifications. The makeup of the local tenant population is also important as larger corporate users, especially in industries such as finance, engineering, or technology typically seek certified buildings to occupy. Other firms that rely on attracting younger, millennial employees also use their sustainable occupancy standards to attract and retain talent.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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