LEED-certified buildings consistently command higher rents than their non-LEED peers, according to new research from Cushman & Wakefield.  

Since 2015, rents for LEED-certified buildings have averaged 11% higher rents than non-LEED properties. And while those rents have typically been accompanied by higher vacancies, those tides appear to be changing. Since 2018, vacancies for LEED properties have fallen sharply⁠—so much so that prior to the pandemic LEED vacancy fell below non-LEED. As a result, “the outperformance of LEED-certified buildings has only widened since then, displaying resilience as the larger office sector has faced headwinds.”

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