Sustainability

[...]the authors explain, "many early NZE projects were developed by or for a single occupant, . . . [n]ow, NZE projects are moving into the mainstream market of traditional multi-tenant office buildings." The authors explain that there may be several reasons a multitenant office building...

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Bibliographic Details
Published inNatural Resources & Environment Vol. 32; no. 3; pp. 60 - 61
Main Author Dunec, JoAnne L.
Format Book Review Magazine Article
LanguageEnglish
Published Chicago Section of Environment, Energy, and Resources of the American Bar Association 01.01.2018
American Bar Association
Subjects
Cost control
Energy industry
PERIODICALS
Renewable resources
Sustainability
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Summary:[...]the authors explain, "many early NZE projects were developed by or for a single occupant, . . . [n]ow, NZE projects are moving into the mainstream market of traditional multi-tenant office buildings." The authors explain that there may be several reasons a multitenant office building does not achieve NZE, such as: (1) Incorrect design or operation of the project and its common areas; (2) a tenant may not comply with its plug loads or energy budget; (3) there may be weather variables or other force majeure events beyond the control of the landlord; and (4) there may be project elements (retail or restaurant uses, for example) outside the scope of the NZE requirements. If the lender gets over those hurdles in its underwriting, it might nonetheless accept the landlord's NZE obligations but require that the lender not be obligated to assume them if it takes over the project. [...]obligations may not survive a foreclosure. .
ISSN:0882-3812
2328-3408