Greening Old Office Buildings Can Increase Property Value

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WASHINGTON, DC—Going green can increase the property value of an old office building by up to $800,000. That is according to a new report released by the Urban Land Institute, “Unlocking Hidden Values in Class B/C Office Buildings.”

Class B and C properties are typically older and less technologically-advanced office buildings. These building owners often want to go green, but are constrained by day-to-day management needs, limited staff, and smaller budgets. To reduce their environmental impact, they need easy, low-cost fixes.