News
Philadelphia Commercial Real Estate

HOW TO RECORD RAW POWER

Pay atttention, owner-operators: Legislation recently introduced in city council says it's time for Philly to join NYC, Austin, Seattle and DC on the energy efficiency benchmarking front. Only commercial buildings 50k SF and larger are affected, and the EPA's Portfolio Manager will act as the online tracking program to measure energy and water consumption. AUM's Jeff Peterson says that even owners who couldn't care less about their carbon footprint will probably still benefit from benchmarking. "Why would an industrial owner do this?" Jeff asks. "It's really to find the properties and the systems that can save them money down the road." (Then again, there's also the hefty noncompliance fine.) Click here to download a PDF of the newly-amended bill.

Continue reading this story with a free account

Log in or register
Related Topics: Portfolio Manager
Sign up for more articles like this
Subscribe to Bisnow's Philadelphia Newsletters
Related Stories

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Philly Retail Momentum Spills From Rittenhouse Into Northern Liberties

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

'Redefining Industry Standards': RCG's 3-Pronged Approach To Building Automation

Philly's Big-Box Warehouse Owners Subdivide Spaces After Developing 'The Wrong-Size Buildings'

King Of Prussia Pursues Stadium To Anchor $200M Mixed-Use Complex

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI

America's War Machine Is Growing, Sparking A Defense Real Estate Boom