Sustainable real estate investment in green building is one of the fastest-growing segments of the already-red-hot commercial-building industry. An estimated 20% of all original U. S. technical building received the U. S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) certificate last year. And by 2010, 30% all original technical building will be sustainable, according to McGraw-Hill’s 2006 Smart Market study. (The greenish tendency in house building is yet in its infancy, although that’s bound to alter. ) Existing building is getting an eco-lift overly. Developers such as Hines and the Durst Organization, and some real-estate investment trusts (REITs), are snapping upward half-empty agency buildings and renovating them according to greenish standards. That can frequently take 28% rents and increase in construction’s value, according to the McGraw-Hill study. Real estate investment in Miami for green standards is growing slower than nationwide standards but opportunities still exist.

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