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EFFECTS OF ENERGY STAR RATINGS ON COMMERCIAL OFFICE SPACE RENT

by Pollack, Andrew Rae

Abstract

Energy Star rated commercial office space has been well researched in the United States with national level data. This research takes a step back from this aggregate data and investigates the impact that an Energy Star rating has on the rent of commercial office space in the Denver, Colorado market. Rent data from the Denver commercial office space market was collected and analyzed using the framework of an existing model from a previous research study. The value of an Energy Star Rated building is considered through both the risk and return of an investment. While the results do not yield a rent premium for Energy Star rated office space in the Denver market, the risk is shifted, reducing exposure to the energy industry which could prove as an equally valuable asset for institutional investors and developers.

Note

The author has given permission for this work to be deposited in the Digital Archive of Colorado College.

Colorado College Honor Code upheld.

Includes bibliographical references.

Administrative Notes

The author has given permission for this work to be deposited in the Digital Archive of Colorado College.

Colorado College Honor Code upheld.

Copyright
Copyright restrictions apply.
Publisher
Colorado College Tutt Library
PID
coccc:30970
Digital Origin
born digital
Extent
29 pages : illustrations, map(s)
Thesis
Senior Thesis -- Colorado College
Thesis Advisor
James Parco
Department/Program
Economics and Business
Degree Name
Bachelor of Arts
Degree Type
bachelor
Degree Grantor
Colorado College Tutt Library
Date Issued
2019-05