Commercial real estate is one of the most important and fastest-growing industries in the world. As businesses continue to expand and new buildings are constructed, it’s more important than ever that we take a look at the way these structures are being built.
In recent years, there has been a growing trend towards sustainable practices in commercial real estate. From using recycled building materials to installing energy-efficient lighting, many businesses are looking to reduce their environmental impact and save on costs at the same time. As sustainability becomes more popular, it’s likely that even more businesses will adopt these practices in the years to come.
How Sustainable Practices are Changing the Industry
As sustainable practices become more popular, we’re seeing a shift in the commercial real estate industry. Businesses are beginning to see the value in adopting sustainable practices, and as a result, we’re starting to see more and more green buildings popping up.
One of the main reasons businesses are turning to sustainability is because it can save them money in the long run. For example, installing energy-efficient lighting can reduce a business’s energy costs by as much as 30%. And using recycled building materials can help reduce construction waste, which can save on landfill fees.
Another big benefit of going green is that it can help businesses attract new customers. Today’s consumers are more environmentally conscious than ever before, and they’re looking for businesses that share their values. So by implementing sustainable practices, businesses can not only reduce their environmental impact, but also attract new customers and stand out from the competition.
All in all, it’s clear that sustainable practices are changing the commercial real estate industry for the better. As more and more businesses adopt these practices, we’re sure to see even more progress made in the years to come.
Increase the Sustainability of Your Business
As sustainability becomes more popular, it’s likely that even more businesses will adopt these practices in the years to come. By implementing sustainable measures into their business model, companies can save on costs while reducing their environmental impact. If you’re looking for ways to make your commercial real estate more sustainable, be sure to check out some of the tips we’ve provided in this article. With a little bit of effort, you can make your business operations more environmentally friendly and cost-effective – a win-win for everyone involved!
Make Finances Easy at Your Real Estate Business With MKS&H
MKS&H provides tax and accounting services to businesses of every size and in every industry, including construction and commercial real estate. We can work with you to improve your company and make sure that it is financially secure now and in the future. Contact us today for a consultation.
About MKS&H: McLean, Koehler, Sparks & Hammond (MKS&H) is a professional service firm with offices in Hunt Valley and Frederick. MKS&H helps owners and organizational leaders become more successful by putting complex financial data into truly meaningful context. But deeper than dollars and data, our focus is on developing an understanding of you, your culture and your business goals. This approach enables our clients to achieve their greatest potential.