Nov 05 2024 27 mins
Are local regulations impacting commercial real estate as much as national headlines? In this episode, we uncover the critical, often overlooked policies shaping the commercial and industrial real estate landscape across America. We explore building performance standards and key programs. Learn how these local laws are transforming property management, affecting operational costs, and influencing real estate investment strategies.
With election season in full swing, we also dive into how decisions made by state and local officials are reshaping environmental policies that directly impact real estate owners and businesses. From energy reduction targets to potential penalties, this episode is a must-listen for anyone with a stake in commercial real estate. Join us to learn why local votes could matter more than federal policies for your business’s future.
What You'll Learn In Today's Episode:
- Building performance standards and their business implications.
- Key examples of impactful local real estate regulations.
- How to navigate California’s WAIRE program.
- Potential fines and penalties for non-compliance in real estate.
- How local elections shape environmental policies in real estate.
- Impact of energy reduction goals on commercial building management.
- Strategies for mitigating costs through compliance initiatives.
- The role of local officials in driving sustainability for businesses.
- Why real estate owners should monitor local elections closely.
- Insights on planning for future regulatory changes and their impact.
Resources In Today's Episode:
You can view a video of the conversation on VECKTA's website here: https://tinyurl.com/yasumey7