{"id":5598,"date":"2022-08-04T11:30:56","date_gmt":"2022-08-04T18:30:56","guid":{"rendered":"https:\/\/www.realtyexecutives.com\/blog\/?p=5598"},"modified":"2022-08-03T16:33:33","modified_gmt":"2022-08-03T23:33:33","slug":"green-design-and-the-market-for-commercial-office-space","status":"publish","type":"post","link":"https:\/\/www.realtyexecutives.com\/blog\/green-design-and-the-market-for-commercial-office-space","title":{"rendered":"Green Design and the Market for Commercial Office Space"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"alignright\"><img decoding=\"async\" loading=\"lazy\" width=\"450\" height=\"300\" src=\"https:\/\/www.realtyexecutives.com\/blog\/wp-content\/uploads\/2022\/08\/Blog-Images-2022-08-03T161953.012.png\" alt=\"A shared work space, one of the ways that a commercial office can be greener.\" class=\"wp-image-5599\" srcset=\"https:\/\/www.realtyexecutives.com\/blog\/wp-content\/uploads\/2022\/08\/Blog-Images-2022-08-03T161953.012.png 450w, https:\/\/www.realtyexecutives.com\/blog\/wp-content\/uploads\/2022\/08\/Blog-Images-2022-08-03T161953.012-300x200.png 300w\" sizes=\"(max-width: 450px) 100vw, 450px\" \/><\/figure><\/div>\n\n\n\n<p>By 2030, emissions from commercial buildings will <a href=\"https:\/\/eandt.theiet.org\/content\/articles\/2021\/05\/global-green-building-survey-reveals-surprise-world-leaders\/#:~:text=According%20to%20the%20US%20Green,grow%20by%201.8%20per%20cent.\">rise by 1.8%<\/a>. What are commercial construction companies doing to reduce this figure, and how is it affecting the market for commercial office space? <\/p>\n\n\n\n<p>The commercial office real estate sector took a hit following the pandemic. Is the emergence of green design a potential aid in the sector&#8217;s resurgence? Keep reading about green design and its effect on the commercial office market. <\/p>\n\n\n\n<!--more-->\n\n\n\n<h2 class=\"wp-block-heading\">What is the Relationship Between Green Design and the Commercial Office Real Estate Market?<\/h2>\n\n\n\n<p>The commercial office real estate market is\nstill recovering from the events of the pandemic. Businesses are choosing to\nopt for remote and hybrid work models, which lessens the demand for office\nspace.<\/p>\n\n\n\n<p>The <a href=\"https:\/\/www.researchgate.net\/publication\/225146503_Green_Design_and_the_Market_for_Commercial_Office_Space\">Journal of Real Estate Finance and Economics<\/a> found that energy-efficient green buildings had superior rental rates and higher occupancy levels. Green buildings could present a solution with the commercial office and real estate market still shifting.<\/p>\n\n\n\n<p>Businesses that have switched to hybrid work models are looking to downsize their office spaces. By investing in green design, real estate companies can offer smaller office spaces with more energy efficiency, reducing costs and the carbon footprint for businesses. <\/p>\n\n\n\n<p>Commercial office real estate investors and agents could generate more leads by procuring and marketing green properties to their commercial clients. Next, we will discuss the top components of a green design <a href=\"https:\/\/www.commercialcafe.com\/\">commercial office space<\/a>. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What Makes Office Space Green?<\/h2>\n\n\n\n<p>There are many ways you can make your\ncommercial office spaces greener and better suited to the hybrid work era. Here\nare the top green features for commercial office space.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">No More Assigned Office Space<\/h3>\n\n\n\n<p>Eliminating assigned office space makes\ncommercial office buildings greener and more suitable for hybrid work.\nEmployees visit the office for collaboration and communication and do not visit\nthe office daily. It would be redundant for these employees to have a private\noffice. More and more commercial offices are implementing flex spaces, which\ncan be used for many purposes. Employees sit in teams in these collaborative\nspaces, and everyone in the company can utilize the space.<\/p>\n\n\n\n<p>Why are flex spaces greener? Several factors\nmake flex spaces greener:<\/p>\n\n\n\n<ul><li>More natural light &#8211; with open\noffice spaces, fewer walls allow more natural light to flow through the area,\neliminating the need for artificial lighting. The abundance of natural light in\noffice spaces will also benefit employee productivity and mood.<\/li><\/ul>\n\n\n\n<ul><li>More efficient HVAC systems &#8211; if your office consists of one multi-functional space, commercial tenants can make the most out of their HVAC system, managing the temperature in the space more efficiently.<\/li><\/ul>\n\n\n\n<ul><li>Space that can be repurposed &#8211; by providing open space that can be repurposed for various needs, there will be less reason to renovate or alter the area down the line. You can easily repurpose empty spaces to suit business needs. <\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Glass Walls and More Natural Light<\/h3>\n\n\n\n<p>Green office design creates an abundance of\nnatural light to minimize the need for artificial lighting. Natural light helps\nto improve focus, productivity, and mood, which makes natural light even more\nof an asset in the commercial office market. Glass walls throughout the office\nand large wall-to-wall windows not only make the space more attractive but they\nmake it greener and more conducive to a productive workforce.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Eco-Friendly Materials and Furniture<\/h3>\n\n\n\n<p>The carbon footprint of office space doesn\u2019t\njust concern daily operations in the area and the materials and processes\ninvolved in constructing and designing that space. Sustainable and <a href=\"https:\/\/www.realtyexecutives.com\/blog\/ideas-to-make-home-eco-friendly\">eco-friendly design<\/a>, flooring, and\neco-friendly office furniture can contribute to making a commercial office\nspace greener.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Solar Panels<\/h3>\n\n\n\n<p>Implementing renewable energy sources is one\nof the best ways to make your office spaces greener. By implementing solar\npanels, you can ensure that the commercial office is not wholly reliant on\nnon-renewable energy sources, significantly reducing the long-term carbon\nfootprint of the building.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Building Management Triggers and Access Controls<\/h3>\n\n\n\n<p>You can repurpose security tools in commercial office buildings to perform energy-saving functions.  <\/p>\n\n\n\n<p>Access control systems installed throughout the building prevent unauthorized users from entering spaces. If access control integrates with IoT devices, you can ensure room heaters, lighting, and <a href=\"https:\/\/www.realtyexecutives.com\/blog\/small-appliances-for-a-first-apartment\">appliances<\/a> are off when someone enters the space. Smart building management is an attractive feature for commercial office tenants, significantly reducing their monthly overheads. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Micro-Filtering Plants<\/h3>\n\n\n\n<p>An emerging trend in the green commercial\noffice industry is the introduction of micro-filtering plants to minimize air\npollution. Many designers incorporate plants into building interior design and\nexterior design to help create cleaner air and mitigate the building\u2019s carbon\nfootprint. For instance, many facilities implement green roofs and <a href=\"https:\/\/www.realtyexecutives.com\/blog\/how-to-assemble-the-perfect-herb-garden\">incorporate plants<\/a> into the exterior building\ndesign.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Summary<\/h2>\n\n\n\n<p>Green office buildings present an opportunity\nfor commercial real estate to thrive, taking advantage of the demand for spaces\nthat facilitate hybrid working. Buildings with more energy-efficient\ninnovations have more substantial occupancy rates, and commercial office\ninvestors could benefit from investing in green offices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By 2030, emissions from commercial buildings will rise by 1.8%. What are commercial construction companies doing to reduce this figure, and how is it affecting the market for commercial office space? The commercial office real estate sector took a hit following the pandemic. Is the emergence of green design a potential aid in the sector&#8217;s &hellip; <a href=\"https:\/\/www.realtyexecutives.com\/blog\/green-design-and-the-market-for-commercial-office-space\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Green Design and the Market for Commercial Office Space<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[6205,835,285],"tags":[2100,1029,59],"yst_prominent_words":[6448,1022,6435,6454,6452,6437,6439,6445,6449,6436,6446,2424,6438,6440,2945,6443,6453,796,1897,1083],"_links":{"self":[{"href":"https:\/\/www.realtyexecutives.com\/blog\/wp-json\/wp\/v2\/posts\/5598"}],"collection":[{"href":"https:\/\/www.realtyexecutives.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realtyexecutives.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realtyexecutives.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realtyexecutives.com\/blog\/wp-json\/wp\/v2\/comments?post=5598"}],"version-history":[{"count":1,"href":"https:\/\/www.realtyexecutives.com\/blog\/wp-json\/wp\/v2\/posts\/5598\/revisions"}],"predecessor-version":[{"id":5600,"href":"https:\/\/www.realtyexecutives.com\/blog\/wp-json\/wp\/v2\/posts\/5598\/revisions\/5600"}],"wp:attachment":[{"href":"https:\/\/www.realtyexecutives.com\/blog\/wp-json\/wp\/v2\/media?parent=5598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realtyexecutives.com\/blog\/wp-json\/wp\/v2\/categories?post=5598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realtyexecutives.com\/blog\/wp-json\/wp\/v2\/tags?post=5598"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.realtyexecutives.com\/blog\/wp-json\/wp\/v2\/yst_prominent_words?post=5598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}