Low Demand for Office Space, Even if it’s Green

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Is it just me, or does it not make any sense to continue building office space, or anything else for that matter, if the need for it isn’t there? Don’t the building owners see all the other available space for rent in the area before they invest money into building new structures? This morning, I came across an interesting article at

the Union Tribune of San Diego, that examined this very issue. It explained, “Demand for office space in San Diego has been soft for several quarters, with vacancy increasing in many of the region’s business districts. Part of the reason is new construction. About 3 million square feet of office buildings have been built recently.” The article described how even the first LEED gold certified office tower, La Jolla Commons (pictured here), built in University City is having trouble leasing space. (LEED [Leadership in Energy and Environmental Design] is the U.S. Green Building Council’s standard to which high performance buildings are measured). Despite the fact that asking rent prices are in line with non-green office space, the demand is simply not there–for any office space.

In my opinion, the greenest building is the one not built, especially if the market is weak. An energy-, water-, and resource-efficient building won’t do anybody any good sitting empty, or nearly empty.

Tag(s): Going Green, Green Building, Greening the Office

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