by Norm Miller, Ph.D., Jay Spivey and Andy Florance
University of San Diego’s Burnham-Moores Center for Real Estate
"To calculate the true impact of green building, my co-authors Jay Spivey and Andy Florance of the CoStar Group and I recently completed the first nationwide, systematic study that looks at the benefits of investments in energy savings and environmental design. We compared all U.S.-based Energy Star office buildings as one measure of “green” building and LEED-certified office buildings as another measure of “green” with a large sample of non-Energy Star and non-LEED rated buildings. Our analysis is significant since, to date, most studies on the benefits of green investment have been case studies, which are seldom the prototypical mean. Our study far surpassed the one-off case study by beginning with a database of 2.4 million properties before paring it down to a comparable set for the office market."
http://www.green-technology.org/green_technology_magazine/norm_miller.htm
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