News
SERF'S UP
March 22, 2012
SERF, which stands for the Society of Environmentally Responsible Facilities, offers an environmental certification for commercial properties. (We couldn't resist that headline.) As part of the Michigan-based society's Chicago launch, it's certifying the 1.1M SF 330 North Wabash. Why does the CRE market need another environmental certification? SERF president Joe Maguire (his pin is a SERF logo) tells us that the standard fills a void for existing structures and "cuts through the endless delays, fees and uncertainty." The top certification fee is $12k. A number of Chicago property owners have expressed an interest in the certification, Joe says, with a special interest by healthcare facilities because standard sustainable criteria often run up against their health and sanitary requirements. |