How do you get the owner of an older building and their tenants, who frequently have a triple-net lease, to come to an agreement when deciding how to pay for cost-saving facility upgrades? I had an opportunity to address that question while completing energy efficiency upgrade proposal. The ... Read More »
Split Incentive
How Energy Efficiency Upgrades Can Benefit Building Owners and Tenants
If an energy efficiency building upgrade doesn’t benefit both the property owner and the tenant - especially with a triple net lease - it’s often easier to simply leave things the way they are even if that means losing money on wasted energy! I toured a business operation with a high monthly ... Read More »