Tenant Retention
Development of a corporate indoor air quality policy results in a peerless tenant retention tool. Studies show that building users value indoor air quality over virtually any other environmental or sustainability amenity offered in the workplace.
Risk Management
GreenBox’s proactive and reactive IAQ Programs demonstrate an impressive “rolling due diligence” program intended to provide a formidable defense should any tenant or third party question our clients’ commitment to a safe and healthy workplace. Clients who “manage what they measure” have far lower exposure to liability than those who only address issues when they cause harm, real or perceived.
Increasing Building Value
GreenBox’s IAQ programs document improvements made over time. This results in a smooth due diligence process at sale. The cost of addressing IAQ is more than recovered at sale time when the documents demonstrate a high and improving standard of IAQ over the seller’s hold time. The program is part of an investment strategy for the building consistent with GreenBox’s purpose – “We make buildings more valuable.”
Marketing
It has been demonstrated that IAQ is one of the most economically beneficial elements of sustainability and building operations. Studies show attention to IAQ results in a 5 to 10 percent improvement in productivity. When employee salaries are considered, no other measure has a bigger economic benefit. GreenBox’s IAQ programs present a powerful marketing opportunity for leasing, and a compelling economic argument for owner occupied buildings.