Green Is Good
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The folks at Oxford Properties Group are taking a few bows this morning with the new environmental initiatives in their buildings being recognized by others in the industry. (It's like being named Prom Queen, except this will matter in five years.) Oxford is the only Canadian developer to be named a Green Lease Leader, an inaugural program started by the Institute for Market Transformation and the US Department of Energy’s Better Buildings Alliance to recognize property owners, tenants, and brokers who use lease clauses as a tool to save energy in commercial buildings across all property types.
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Oxford SVP and managing director Andrew McAllan, a 40-year industry vet, oversees the retrofitting of Oxford buildings into LEED-certified structures. In a hectic world, it’s nice to get a pat on the back for what they're doing, he told us this morning. “Our green lease aligns with our commitment to LEED as our core operating standard and is a demonstration of our shared leadership with our tenants to develop and operate efficient, green buildings.” In the image is Oxford’s 111 Richmond St.