The political economy of green office buildings

Journal of Property Investment and Finance

Volumn 29, Issue 4, 2011, Pages 551-565

  Harrison, David ^a   Seiler, Michael ^b  

^a TEXAS TECH UNIVERSITY   (United States)

^b OLD DOMINION UNIVERSITY   (United States)

Author keywords

Green real estate; Office buildings; Political ideology; Rental value

Indexed keywords

EID: 79961156733     PISSN: 1463578X     EISSN: None     Source Type: Journal    
DOI: 10.1108/14635781111150394     Document Type: Article

References (30)

1. Addae-Dapaah, K., Hiang, L. and Sharon, N.Y.S. (2009), "Sustainability of sustainable real estate development" in Journal of Sustainable Real Estate, Vol. 1, No. 1, pp. 203-25.
2. Anderson, B.D. (2008), "Green building representations and the emerging potential for securities fraud liability" in Real Estate Issues, Vol. 33, No. 3, pp. 53-8.
3. Bonardi, J.P., Holburn, G.L.F. and Van den Bergh, R.G. (2006), "Non-market strategy performance: evidence from electric utilities" in Academy of Management Journal, Vol. 49, No. 6, pp. 1209-28.
4. Bray, J. and McCurry, N. (2006), "Unintended consequences: how the use of LEED can inadvertently fail to benefit the environment" in Journal of Green Building, Vol. 1, No. 4, pp. 152-65.
5. Butters, F.F. (2008), "Greening the standard of care: evolving legal standards of practice for the architect in a sustainable world" in Real Estate Issues, Vol. 33, No. 3, pp. 23-8.
6. Choi, C. (2009), "Removing market barriers to green development: principles and action projects to promote widespread adoption of green development practices" in Journal of Sustainable Real Estate, Vol. 1, No. 1, pp. 107-38.
7. D'Arelli, P. (2008), "Selling and governing the green project: owner risks in marketing, entitlement and project governance" in Real Estate Issues, Vol. 33, No. 3, pp. 15-21.
8. Davis Langdon (2007), Cost of Green Revisited: Reexamining the Feasibility and Cost Impact of Sustainable Design in Light of Increased Market Adoption, Davis Langdon, London, July.
9. Del Percio, S.T. (2008), "Legal issues arising out of green building legislation" in Real Estate Issues, Vol. 33, No. 3, pp. 59-64.
10. Dermisi, S.V. (2009), "Effect of LEED ratings and levels on office property assessed and market values" in Journal of Sustainable Real Estate, Vol. 1, No. 1, pp. 23-47.
11. Eichholtz, P., Kok, N. and Quigley, J.M. (2011), "Doing well by doing good? Green office buildings", American Economic Review, (forthcoming).
12. Fuerst, F. and McAllister, P. (2011), "Green noise or green value? Measuring the effects of environmental certification on office values", Real Estate Economics, (forthcoming).
13. General Services Administration (2009), Energy Savings and Performance Gains in GSA Buildings: Seven Cost Effective Strategies, General Services Administration, Washington, DC, March.
14. Goering, J. (2009), "Sustainable real estate development: the dynamics of market penetration" in Journal of Sustainable Real Estate, Vol. 1, No. 1, pp. 167-201.
15. Jackson, J. (2009), "How risky are sustainable real estate projects? An evaluation of LEED and Energy Star development options" in Journal of Sustainable Real Estate, Vol. 1, No. 1, pp. 91-106.
16. Jones, P. and Vyas, U.K. (2008), "Energy performance in residential green developments: a Florida case study" in Real Estate Issues, Vol. 33, No. 3, pp. 65-71.
17. Lemieux, D.J. (2008), "Trust, but verify: building enclosure commissioning in sustainable design" in Real Estate Issues, Vol. 33, No. 3, pp. 29-36.
18. Miller, N. (2010), "Does green still pay off?", Discussion Paper, Costar Group, Washington, DC, June.
19. Miller, N., Spivey, J. and Florance, A. (2008), "Does green pay off?" in Journal of Real Estate Portfolio Management, Vol. 14, No. 4, pp. 385-400.
20. Miller, N.G., Pogue, D., Gough, Q.D. and Davis, S.M. (2009), "Green buildings and productivity" in Journal of Sustainable Real Estate, Vol. 1, No. 1, pp. 65-89.
21. Reed, R., Bilos, A., Wilkinson, S. and Schulte, K.W. (2009), "International comparison of sustainable rating tools" in Journal of Sustainable Real Estate, Vol. 1, No. 1, pp. 1-22.
22. Seifert, B.M. (2008), "Sustainable buildings and the surety" in Real Estate Issues, Vol. 33, No. 3, pp. 47-52.
23. Simons, R.A., Choi, E. and Simons, D.M. (2009), "The effect of state and city policies on the market penetration of green commercial buildings" in Journal of Sustainable Real Estate, Vol. 1, No. 1, pp. 139-66.
24. Tinker, A., Kreuter, U., Burt, R. and Bame, S. (2006), "Green construction: contractor motivations and trends in Austin, Texas" in Journal of Green Building, Vol. 1, No. 2, pp. 118-34.
25. US Environmental Protection Agency (2009), Celebrating a Decade of Energy Star Buildings: 1999-2009, US Environmental Protection Agency, Washington, DC.
26. US Green Building Council (2009), Green Building Facts, US Green Building Council, Washington, DC, April.
27. Vyas, U.K. and Cannon, S.E. (2008), "Shifting the sustainability paradigm: from advocacy to good business" in Real Estate Issues, Vol. 33, No. 3, pp. 1-7.
28. Watson, R. (2009), "Industry insight: the Green Building Impact Report 2008" in Journal of Sustainable Real Estate, Vol. 1, No. 1, pp. 241-3.
29. Wiley, J.A., Benefield, J.D. and Johnson, K.H. (2010), "Green design and the market for commercial office space" in Journal of Real Estate Finance and Economics, Vol. 41, No. 2, pp. 228-43.
30. Woods, J.E. (2008), "Expanding the principles of performance to sustainable buildings" in Real Estate Issues, Vol. 33, No. 3, pp. 37-46.