For decades, commercial real estate investors have relied on a set of core due diligence reports before closing a transaction: property condition assessments, environmental site assessments, ALTA surveys and zoning compliance reports. While these reports remain critical risk assessment tools, another category of risk now deserves a place alongside these traditional investigations: climate- and sustainability-related risk. The growing number of Building Performance Standards, energy disclosure requirements and climate-related regulations across the United […]
Author Archives: Brady Mills, PE
Capital planning in commercial real estate has entered a new phase. In addition to traditional lifecycle replacements, managers now face a growing set of capital needs driven by energy ordinances, decarbonization goals, and climate risk. These drivers are no longer peripheral considerations; they are central to how capital plans are developed, prioritized, and executed. The […]
Published in GRESB on Aug. 14, 2025. Our industry is engaged in an important dialogue to improve the efficiency and resilience of real assets through transparency and industry collaboration. This article is a contribution to this larger conversation and does not necessarily reflect GRESB’s position. As ESG performance becomes a defining factor in real estate […]
Published November 28, 2024 on GRESB.com Introduction In the face of growing climate challenges, the push for decarbonizing commercial real estate (CRE) portfolios has gained urgency. With “decarbonization waterfall” charts, like the one shown below laying out methods such as grid decarbonization, energy efficiency, on and off-site renewable energy, electrification, and carbon offsets, it is […]


